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$1,520,000

517 W Main Street, Denison, TX, 75020

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,900 Sq Ft
RetailRetail
Year BuiltBuilt in 1925

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringHardwood, Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built1923

Land Information

APND016 320410903
Lot Number23
SubdivisionStevens Addn
Land UseCommercial Real Property
Legal DescriptionSTEVENS ADDN, BLOCK 13, LOT 23,24, ACRES .1377
Census Tract000502
Assessed Land Value$192,000
Assessed Improvement Value$1,328,000
Assessment Year2025

About this property

Your chance to own a piece of Historic Dowtown Denison! Gorgeous brick and stucco three story beauty RIGHT ON MAIN STREET...AND in an Opportunity Zone. Six 1200-1300sf lofts on floors two and three. Two 700 sf lofts on floors two and three. All eight lofts currently leased. Three commercial spaces on first floor are also occupied. Walking distance to coffee shops, retail, restaurants, gym, Munson Stadium, and 2 blocks from Heritage Park, tenants have the best spot to to listen Music on Main summer concert series. Tons of foot traffic during Denison's many festivals. What a fabulous opportunity in the heart of downtown Denison! Building for sale, not businesses. See listing agent for lease information.

Investor Tools

Property Icon
$1,520,000
Estimated Property Value
$0Estimated Mortgage Balance
$489,627Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,315
$1,520,000
2025
$192,000
$1,328,000
$1,520,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35,315
$1,520,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Jacksboro National Bank
Purchase Money Mortgage
$1,084,800
No
First
Aug 21, 2023
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,030,373
$489,627
32%
68%
$6,504/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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517 W Main Street | Property Details | No Agent List