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$359,000

NAL Estimated Property Value

36 Cumberland Dr, Denison, TX, 75020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,872 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.35 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size20,038 sqft

Building Information

Year Built1988
Stories2
Garage Spaces2

Land Information

APN041A6585063
Lot Number64,65
SubdivisionNorthern Hills Sec A
Land UseResidential
Legal DescriptionNORTHERN HILLS SEC A, LOT 64 & 65, ACRES .46
Census Tract000302
Assessed Land Value$58,510
Assessed Improvement Value$169,859
Assessment Year2025

About this property

Lake season is upon us!! Sellers are offering $10,000 in sellers concession to help with closing or any wanted updates and recently had this adorable lake home appraised coming in at $265,000. It is located right down the street from Lake Texoma, the Red River and famous Denison Dam! All within a short mile from this adorable home, you can enjoy boating, swimming, fishing, and more. It boasts convenient access to Hwy 75 yet located in nice quiet country neighborhood. It’s near Denison High School and the growing area of North Denison. There is plenty of room to park your boat or RV under the oversized carport, a good sized workshop for projects, an additional storage building, and plenty of extra parking makes this home a dream come true. Enjoy sitting on the large, lovely back decking surrounded by nice shade trees. All the bedrooms have huge closets for storage, and beautiful country views from all the windows! This home has everything you could ask for at a great price!

Investor Tools

Property Icon
$359,000
Estimated Property Value
$227,576Estimated Mortgage Balance
$131,424Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,184
$228,369
2025
$58,510
$169,859
$228,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,184
$228,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Fha
$241,656
Yes
First
Mar 3, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,576
$131,424
36%
63%
$1,449/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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36 Cumberland Dr | Property Details | No Agent List