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$999,900

48 Summit Oaks Circle, Denison, TX, 75020

$1,231,407 ARVInfo
On MarketInfo
Beds5 Beds
Baths6 Bath
Baths6,414 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.89 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
AppliancesWater Purifier, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Double Oven, Warming Drawer, Water Softener, Wine Cooler
FlooringBrick, Carpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size1 acre

Building Information

Year Built2009
Garage Spaces4

Land Information

APN063 7147005
Lot Number16
SubdivisionSummit Oaks Ranch Phasetwo
Land UseResidential
Legal DescriptionSUMMIT OAKS RANCH PHASETWO, BLOCK 1, LOT 16, ACRES 1.0
Census Tract000302
Assessed Land Value$162,214
Assessed Improvement Value$1,185,530
Assessment Year2025

About this property

Seller willing to offer concessions or financing incentives! Your luxury lifestyle awaits with this incredibly well cared for brick estate in Summit Oaks, Denison's sought-after gated community halfway between downtown Denison and Pottsboro - just minutes from lake Texoma. No detail was spared in the design of this sprawling brick 5 bed, 6 bath house on a hill. Impeccable craftsmanship shines through the custom woodwork throughout. Right off the front entry is a spacious office or study room, opposite the formal dining room with decorative lighting and built-in serving bar. The living areas boast beautiful hardwood floors, natural & recessed lighting, high ceilings with crown molding, & custom wood built-ins including a wet bar. Chef's kitchen with top-grade stainless steel appliances, pot-filler, and a plethora of cabinet space. Breakfast area adjacent to kitchen sits right off the indoor brick porch with floor-to-ceiling doors & windows and built-in grill. Master bedroom features a private outdoor porch with treetop views, massive walk-in closet with endless storage, cedar closet, and ensuite bath with walk-in shower, jetted tub, and stained-glass window. Two separate staircases lead upstairs to bedrooms, bonus room, bathrooms, and movie theatre. While you're up there, don't miss seeing the incredibly well-insulated attic complete with spray foam insulation. This beautiful property sits on an acre with a large backyard, shaded wood pergola, brick patio & beautiful landscaping. Solar panels are owned and convey with the property, and utility bills are very low considering the size of the home! Ask agent for utility bill info. Pool renderings are also available. This is a one of a kind property! Call your favorite Realtor and schedule your viewing today.

Investor Tools

$572,297Estimated Mortgage Balance
$775,447Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,231,406
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,086 /month
Positive
Cash Flow Estimate:
$2,695 /month

Interested in this property?

STACEY OLMSTEAD

PARAGON, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,241/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,151
$1,347,744
2025
$162,214
$1,185,530
$1,347,744
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,151
$1,347,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vision Bank Na
Building Or Construction Loan
$600,000
No
First
Dec 21, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$572,297
$775,447
57%
42%
$5,787/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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48 Summit Oaks Circle | Property Details | No Agent List