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$415,000

2614 S Fannin Avenue 2, Denison, TX, 75020

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths6 Bath
Baths2,529 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size24,699 sqft

Building Information

Year Built2022

Land Information

APND043 3599013
Lot Number13
SubdivisionCouch Sims Third Addn Replat Fairmount A
Land UseResidential
Legal DescriptionCOUCH SIMS THIRD ADDN REPLAT FAIRMOUNT ADDITION, LOT 13, ACRES .567
Census Tract000700
Assessed Land Value$77,306
Assessed Improvement Value$349,411
Assessment Year2025

About this property

Great investment opportunity in Denison! This income-producing duplex offers a functional, well-designed floor plan with 3 bedrooms and 3 full bathrooms in each unit, including a full bathroom on the first floor. Each side features a large living area, perfectly sized kitchen with stainless steel appliances and a full-size refrigerator, plus a spacious low-maintenance backyard. With 2,648 SF of combined living space, the two units are identical in layout and simply mirrored. Both units are leased at $1,350 per month, generating $2,700 in monthly rental income. Unit 2614 is leased through July 2027, while Unit 2616 is leased through October 2026, offering immediate cash flow with future flexibility. Conveniently located near Lake Texoma, shopping, dining, and Texas Instruments in Sherman, this property is well positioned for continued rental demand. Whether you’re looking to expand your investment portfolio or eventually live in one side and lease the other, this low-maintenance, income-producing duplex is an opportunity worth considering. Appraisal report available in TransactionDesk.

Investor Tools

Property Icon
$426,717
Estimated Property Value
$0Estimated Mortgage Balance
$220,593Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,560 /month
Positive
Cash Flow Estimate:
$853 /month

Interested in this property?

Nazanin Zandi

DHS Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,011/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,998
$426,717
2025
$77,306
$349,411
$426,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,998
$426,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$209,500
No
First
Aug 9, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,124
$220,593
51%
48%
$1,257/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.

Explore Texas Explore This Area
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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2614 S Fannin Avenue 2 | Property Details | No Agent List