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$143,000

NAL Estimated Property Value

2226 Loy Lake Rd, Denison, TX, 75020

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths865 Sq Ft
price_per_sqft$187.28 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

Exterior

Lot Size12,001 sqft

Building Information

Year Built1937
Garage Spaces1

Land Information

APND037 3032002
Lot Number2
SubdivisionClark H O
Land UseResidential
Legal DescriptionCLARK H O, LOT 2, ACRES .2755
Census Tract000800
Assessed Land Value$60,720
Assessed Improvement Value$59,811
Assessment Year2025

About this property

Darling completely remodeled cottage near Waterloo Lake! You'll love the aesthetic and the convenience of this home on an extra-large corner lot. A beautifully updated kitchen keeps everything at your fingertips with a u-shaped work area and oodles of cabinets--two are lazy susans--and the refrigerator is included. Natural light floods the living room and bedrooms through large, new energy-efficient windows. And you'll love the remodeled bathroom with a built-in shower seat. There is also a utility room (no laundry in the kitchen!), a generous carport, and attached storage room. There is plenty of room for gardening, playing, and relaxing in the lush, generous yard. $1500 flooring allowance with acceptable offer. Convenient to charming downtown Denison, bustling Sherman, parks galore, desirable schools, a minute's drive to Waterloo pool, walking distance to Waterloo Lake for hiking, jogging, dog park, picnicking, and fishing! Quaint and recently remodeled, this adorable cottage is practical, move-in ready, and oh so cozy!

Investor Tools

Property Icon
$143,000
Estimated Property Value
$112,671Estimated Mortgage Balance
$30,329Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,009
$102,189
2025
$60,720
$59,811
$120,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,009
$102,189

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$114,000
No
First
Sep 22, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,671
$30,329
21%
79%
$684/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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2226 Loy Lake Rd | Property Details | No Agent List