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$1,250,000

437 Neva Lane, Denison, TX, 75020

On MarketInfo
Baths0 Bath
Baths428 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size3.63 acres

Building Information

Year Built1945

Land Information

APN024B8485003
Lot Number4R
SubdivisionNeva Lane Subd Replt 4 & Pt 3 Replt Of R
Land UseResidential
Legal DescriptionNEVA LANE SUBD REPLT 4 & PT 3 REPLT OF REPLT THOMPSON HEIGHT, LOT 4R, ACRES 3.628
Census Tract000302
Assessed Land Value$866,919
Assessment Year2025

About this property

Situated on the third largest freshwater lake in Texas, you’ll find one of the RAREST lots on Lake Texoma! You will own all the way to the water’s edge with 181 feet of shoreline in a dockable cove all to yourself. Even better—approximately $125,000 worth of dirt work and land clearing has already been done for you, giving you a major head start. You can still dictate additional tree removal and truly make the property your own. This is an opportunity to create your family’s legacy lakefront estate with two homesites ready for your private family compound. Located outside of city limits with a low 1.61% tax rate, you’ll have the freedom to do what you want—plus free choice of builder. Water line is at the street, electricity is available; you’ll just need a septic system. You’re just 0.5 mile from Eisenhower State Park & Yacht Club, where you can rent boat slips, enjoy sandy beaches, plus miles of hiking, biking, ATV, and horse trails—and only 5 minutes from the Spillway Boat Ramp. While this property is tucked away near Ross Perot's Lake Texoma Estate, it is 2 miles away from the upcoming Preston Harbor community, which will offer lakefront dining options and the anticipated Margaritaville Resort. You’re surrounded by multimillion-dollar properties, including a neighboring home valued over $2M, and Denison’s highest-priced lake property at $10.9M right here in Thompson Heights—so you’re in very good company. The OPPORTUNITY to own lakefront property like this is NOW!

Investor Tools

$0Estimated Mortgage Balance
$866,919Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Megan Christensen

Texas Life Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,691
$866,919
2025
$866,919
N/A
$866,919
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,691
$866,919

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$866,919
100%
0%
$0/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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437 Neva Lane | Property Details | No Agent List