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$100,000

NAL Estimated Property Value

505 E Main Street, Denison, TX, 75021

$130,000 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,286 Sq Ft
price_per_sqft$50.54 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesGas Range
FlooringVinyl, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1900
Garage Spaces1

Land Information

APND015 3156260
Lot Number23,24
SubdivisionPerrys Ed 1st Addn
Land UseResidential
Legal DescriptionPERRYS ED 1ST ADDN, BLOCK 29, LOT 23 24, ACRES .1377
Census Tract000200
Assessed Land Value$29,400
Assessed Improvement Value$61,140
Assessment Year2025

About this property

This house is a hop, skip and jump to downtown Denison where you will enjoy fine arts, shopping, restaurants and more. Fenced backyard and a carport can be accessed from the alleyway. Ramp can be accessed from the rear of property, into the backdoor. This 2BR 1BA home has an eat-in kitchen, living room and dining area. The dining room can be used as an extended living area. Almost every room has a gas space heater and a total of 2 AC units which cools rooms quite nicely. Seller bought dwelling as an investment in 2016 and it was used as a rental until recently. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Investor Tools

Property Icon
$100,000
Estimated Property Value
$114,067Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$130,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,177
$90,540
2025
$29,400
$61,140
$90,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,177
$90,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Funder Llc
Commercial
$123,750
No
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,067
N/A
0%
114%
$742/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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505 E Main Street | Property Details | No Agent List