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$405,000

NAL Estimated Property Value

4653 E Fm 120, Denison, TX, 75021

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,530 Sq Ft
price_per_sqft$196.08 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Linoleum

Exterior

Lot Size2.44 acres

Building Information

Year Built1987
Garage Spaces6

Land Information

APN042 2791001
SubdivisionReddick Addition
Land UseResidential
Legal DescriptionG-2791 REDDICK ADDITION, TRACT 1, ACRES 2.438
Census Tract000200
Assessment Year2025

About this property

Though this 3 bedroom 2 bathroom home is in need of TLC and updating, it appears to be solid as a rock and has great potential with the large eat-in kitchen and living room with windows facing the empty field in the front of home. The 2-car garage is detached and there is a concrete slab beside it. House was rented for the past 6 years and unfortunately was not upkept by the renters. Property is part of a 6.93 acre parcel, but will be sold with only 2+ or - Acres depending on if the buyer would like the well conveyed with sale. Oak Ridge Southgale Water (903) 465-6403 charges $3000 for the meter install then plumbing will need to be run from house to the meter. Seller will pay for a new survey. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Investor Tools

Property Icon
$405,000
Estimated Property Value
$256,647Estimated Mortgage Balance
$148,353Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,720
$277,024
2025
N/A
N/A
$297,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,720
$277,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Fha
$274,928
Yes
First
Oct 21, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,647
$148,353
36%
63%
$1,649/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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4653 E Fm 120 | Property Details | No Agent List