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$147,500

38 Vaughn Drive, Denison, TX, 75020

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths957 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.13 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Other
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,120 sqft

Building Information

Year Built1955
Garage Spaces1

Land Information

APND002 3039177
Lot Number14
SubdivisionCuffs 1st Addn
Land UseResidential
Legal DescriptionCUFFS 1ST ADDN, BLOCK 7, LOT 14, ACRES .1864
Census Tract000501
Assessed Land Value$39,382
Assessed Improvement Value$33,718
Assessment Year2025

About this property

Fantastic investment opportunity offered below market value—perfect for investors seeking immediate cash flow! This 2-bedroom, 1-bath property is tenant-occupied at $1,150 per month through March 2027, making it a turnkey addition to your rental portfolio. Welcome to this beautifully renovated 2-bedroom, 1-bath home in Denison. This move-in-ready property features a fresh, modern interior with neutral paint, updated luxury plank flooring (NO CARPET!), and contemporary fixtures throughout. The open-concept living area offers a bright and comfortable space for everyday living, flowing seamlessly into the updated kitchen with solid countertops, stainless steel appliances, and stylish cabinetry. The primary bedroom offers a comfortable retreat with ample space to unwind, generous natural light, and a calming atmosphere while the second bedroom offers flexible use as a guest room, home office, or additional living space to suit your changing lifestyle needs. Situated on a spacious lot, the outdoor area provides room to relax, garden, or explore future possibilities. Conveniently located near shopping, dining, and local amenities, this home offers comfort, value, and flexibility in a growing community. This property is also offered as part of an Investor Package Deal.

Investor Tools

Property Icon
$156,000
Estimated Property Value
$0Estimated Mortgage Balance
$25,240Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$936 /month
Positive
Cash Flow Estimate:
$312 /month

Interested in this property?

Mallory Adams

OmniKey Realty, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,650
$73,100
2025
$39,382
$33,718
$73,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,650
$73,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Third Coast Bank Ssb
Conventional
$133,700
No
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,760
$25,240
16%
84%
$890/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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38 Vaughn Drive | Property Details | No Agent List