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$229,446

NAL Estimated Property Value

512 Marcel Drive, Denison, TX, 75020

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,470 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.46 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size8,821 sqft

Building Information

Year Built1970
Garage Spaces2

Land Information

APND022 3234022
Lot Number9
SubdivisionWestern Terrace Addn Sec 2
Land UseResidential
Legal DescriptionWESTERN TERRACE ADDN SEC 2, BLOCK 2, LOT 9, ACRES .2025
Census Tract000800
Assessed Land Value$53,714
Assessed Improvement Value$175,732
Assessment Year2025

About this property

Bring your ideas to make this home perfect for you. Very solid, well kept home needs a little updating. Large fenced backyard with 16 x 12 covered back patio and freestanding storage building. Open living dining kitchen floor plan is great for entertaining. Oversized master bedroom with 3 closets and shower with handicap bars. Guest bathroom features walk in tub. Convenient location to schools, shopping, freeways and historic downtown Denison. Appliances are included. Some furnishings available.

Investor Tools

Property Icon
$229,446
Estimated Property Value
$98,189Estimated Mortgage Balance
$131,257Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,343
$229,446
2025
$53,714
$175,732
$229,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,343
$229,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$105,750
No
First
Jul 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,189
$131,257
57%
43%
$635/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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512 Marcel Drive | Property Details | No Agent List