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$279,900

3016 Loy Lake Road, Denison, TX, 75020

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.88 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal

Exterior

Lot Size10,542 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APND046 3508001
Lot Number1
SubdivisionElias Addn Rplt Peercy & Handeland Addn
Land UseResidential
Legal DescriptionELIAS ADDN RPLT PEERCY & HANDELAND ADDN PHASE ONE & ADJ .508, BLOCK 1, LOT 1, ACRES .242
Census Tract000901
Assessed Land Value$69,890
Assessed Improvement Value$254,043
Assessment Year2025

About this property

Welcome to this beautifully updated home in the heart of Denison, Texas, where comfort, style, and convenience come together. This move-in-ready residence offers an inviting open-concept layout filled with natural light, creating a warm and welcoming atmosphere from the moment you step inside. The spacious living area features luxury brand-new laminate flooring that extends through the main living spaces and hallway, while brand-new carpet in the bedrooms adds comfort and warmth. The open floor plan seamlessly connects the living, dining, and kitchen areas, making it ideal for everyday living and entertaining alike. The kitchen is designed to impress with granite countertops, abundant cabinet storage, and ample workspace for preparing meals and gathering with family and friends. The private primary suite offers a relaxing retreat complete with an en-suite bathroom, while two additional generously sized bedrooms provide flexibility for family, guests, a home office, or hobby space. Step outside to enjoy the spacious backyard, perfect for summer barbecues, outdoor activities, gardening, or simply relaxing, this outdoor space offers endless possibilities. Conveniently located near schools, parks, shopping, dining, and everyday conveniences, this home also provides quick access to major highways and is just minutes from the vibrant downtown Denison area. Enjoy the charm of small-town living while remaining close to Lake Texoma, one of North Texas' premier destinations for boating, fishing, camping, and outdoor recreation.

Investor Tools

$272,779Estimated Mortgage Balance
$57,221Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,976
$323,933
2025
$69,890
$254,043
$323,933
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,976
$323,933

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$289,656
Yes
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,779
$57,221
17%
83%
$1,737/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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