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$164,000

NAL Estimated Property Value

505 W Gandy Street, Denison, TX, 75020

$202,782 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,683 Sq Ft
price_per_sqft$53.42 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesGas Cooktop, Gas Oven
FlooringCeramic Tile, Wood

Exterior

Lot Size7,501 sqft

Building Information

Year Built1930
Garage Spaces1

Land Information

APND016 3204079
Lot Number15
SubdivisionStevens Addn
Land UseResidential
Legal DescriptionSTEVENS ADDN, BLOCK 9, LOT 15, ACRES .1722
Census Tract000501
Assessed Land Value$52,500
Assessed Improvement Value$88,793
Assessment Year2025

About this property

3 bedroom 1 bath home just walking distance from downtown. Good investment property or home for first time home buyer. Each bedroom has its own outside entrance. Fenced backyard. It has central heat and air and a gas fireplace. Some repairs needed. Heat works but ac does not keep up. Home has window units also. Sold As Is

Investor Tools

Property Icon
$164,000
Estimated Property Value
$105,707Estimated Mortgage Balance
$58,293Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$202,782
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,286
$141,293
2025
$52,500
$88,793
$141,293
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,286
$141,293

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texoma S & D Properties Inc
Purchase Money Mortgage
$118,500
No
First
Oct 26, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,707
$58,293
35%
64%
$711/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 W Gandy Street | Property Details | No Agent List