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$130,000

397 Well Road, Denison, TX, 75020

Off MarketInfo
Baths0 Bath
Baths3,758 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size2.97 acres

Building Information

Year Built2019
Garage Spaces6

Land Information

APN062 7734001
Lot Number1
SubdivisionReynolds Addition Amended Plat Lts 1 & 8
Land UseResidential
Legal DescriptionREYNOLDS ADDITION AMENDED PLAT LTS 1 & 8, LOT 1, ACRES 2.973
Census Tract000901
Assessed Land Value$178,982
Assessed Improvement Value$681,856
Assessment Year2025

About this property

Come build your dream home and enjoy the best sunrises and sunsets from your hilltop home site outside of the city limits. Within 5 minutes of Hwy. 289, Hwy 75, and Hwy. 1417. Located in the highly sought after Pottsboro I.S.D. City water and electric avaiable. Seller will consider sub-dividing the property. Property will need survey to separate from Sellers adjacent property.

Investor Tools

Property Icon
$860,838
Estimated Property Value
$0Estimated Mortgage Balance
$775,027Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,165 /month
Positive
Cash Flow Estimate:
$1,722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,001
$860,838
2025
$178,982
$681,856
$860,838
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,001
$860,838

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
William A Beeghly
Seller Carryback / Seller Financing / Seller Take-Back
$98,000
No
First
Jan 22, 2020
Jan 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,811
$775,027
90%
10%
$588/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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397 Well Road | Property Details | No Agent List