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Days498Days on Market
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$1,000

505 E Shepherd St, Denison, TX, 75021

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.82 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Electric Water Heater, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,749 sqft

Building Information

Year Built1940

Land Information

APND026 3228021
Lot Number12
SubdivisionWinans Addn
Land UseResidential
Legal DescriptionWINANS ADDN, BLOCK 2, LOT 12, & HIGHLAND VIEW ADDN, ACRES .1779 & HIGHLAND VIEW ADDN
Census Tract000200
Assessed Land Value$39,990
Assessed Improvement Value$31,353
Assessment Year2025

About this property

1-bedroom, 1-bath home for rent! Recently updated with fresh paint, floors, cabinets and all cosmetics including recently installed range in the kitchen. This affordable lease offers a spacious backyard and is located in a thriving, growing city near new jobs and entertainment. Don’t miss out on this affordable rental opportunity!

Investor Tools

$0Estimated Mortgage Balance
$71,343Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$428 /month
Positive
Cash Flow Estimate:
$143 /month

Interested in this property?

Travis Hitt

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,578
$71,343
2025
$39,990
$31,353
$71,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,578
$71,343

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$76,000
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.

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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505 E Shepherd St | Property Details | No Agent List