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$1,050,000

417 E Morton St, Denison, TX, 75021

PendingInfo
CommercialInfo
Baths1 Bath
Baths1,184 Sq Ft
Multi FamilyMulti Family
Year BuiltBuilt in 1958

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesOther
FlooringOther

Exterior

Lot Size5,249 sqft

Building Information

Year Built1958
Roof Type109

Land Information

APND012 3156028
Lot Number6
SubdivisionPerrys Ed 1st Addn
Land UseResidential
Legal DescriptionPERRYS ED 1ST ADDN, BLOCK 6, LOT 6, ACRES .1205
Census Tract000200
Assessed Land Value$26,145
Assessed Improvement Value$52,835
Assessment Year2025

About this property

CALLING ALL INVESTORS! Excellent investment opportunity to acquire a portfolio of 9 single-family rental homes. All properties are currently occupied and income producing, providing immediate cash flow for a new owner. The portfolio is being offered together and presents a strong investment opportunity with projected returns. Properties are located in established rental areas with consistent tenant demand. This portfolio offers investors the opportunity to acquire stabilized assets with potential for long-term appreciation and continued rental growth. Photos are for all 9 and addresses are in the documents for you to review.

Investor Tools

$59,922Estimated Mortgage Balance
$136,914Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,804
$78,980
2025
$26,145
$52,835
$78,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,804
$78,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Landmark Bank Na
Credit Line (Revolving) / Heloc
$50,000
No
First
Feb 15, 2007
Feb 2009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,922
$176,078
74%
31%
$600/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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417 E Morton St | Property Details | No Agent List