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$399,000

212 N Austin Ave, Denison, TX, 75020

On MarketInfo
CommercialInfo
Baths1,400 Sq Ft
BusinessBusiness
price_per_sqft$285 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

FlooringConcrete

Exterior

Lot Size21,449 sqft

Building Information

Year Built1965

Land Information

APND016 3131375
Lot Number6-7,AND
SubdivisionOtp Denison
Land UseCommercial
Legal DescriptionOTP DENISON, BLOCK 39, LOT 6 AND 7 AND THE E 43 FT OF 8, ACRES 0.4924
Census Tract000502
Assessed Land Value$271,029
Assessed Improvement Value$81,006
Assessment Year2025

About this property

Situated on a sprawling 21,000 square foot hard corner, this property represents the largest available development site in such close proximity to the downtown core. It offers a rare combination of immediate adaptability and exceptional long-term land value, centered around a building with a flexible interior shell. This blank canvas structure is perfectly suited for a wide array of high-traffic concepts, ranging from a flagship retail boutique to a destination coffee shop or creative studio. The site’s strategic location ensures maximum exposure, boasting high-impact visibility on Austin Avenue with a daily traffic count exceeding 6,400 vehicles. Located just two blocks from Main Street, the property is uniquely positioned to benefit from the prestige of its surroundings. As a recipient of the 2025 Great American Main Street Award, Downtown Denison has established itself as a premier hub for community and commerce, making this an unrivaled opportunity to invest in the heart of an award-winning historic district.

Investor Tools

$628,796Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Justin Holland

Legacy & Co. Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,228
$218,393
2025
$271,029
$81,006
$352,035
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,228
$218,393

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usam I Fund Llc
Open End Mortgage / Open End With Future Advance Clause
$350,000
No
First
May 30, 2025
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$628,796
N/A
0%
288%
$3,820/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Denison

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212 N Austin Ave | Property Details | No Agent List