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$420,000

5292 Preston Rd, Denison, TX, 75020

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths3 Bath
Baths3,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.25 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesNone
FlooringCeramic Tile, Concrete

Exterior

Lot Size19.96 acres

Building Information

Year Built1988
Garage Spaces2

Land Information

APN062 074900102
SubdivisionLooney Isaac E A-G0749
Land UseResidential
Legal DescriptionG-0749 LOONEY ISAAC E A-G0749, ACRES 19.96
Census Tract000302
Assessed Land Value$28,823
Assessed Improvement Value$332,817
Assessment Year2024

About this property

3 Acres, 3,060 Sq Ft Home & A 1,600 Sq Ft Shop — Bring Your Vision And Your Vibe - Denison, TX Set on 3 acres outside the Denison city limits, this 5-bedroom, 3-bath home is ready for a complete renovation and a new vision. Whether you plan to tackle the transformation yourself, hire a remodeling team, or see the potential as an investment, this property offers the space and flexibility to make it your own. With 3,060 square feet, a pine vaulted ceiling, a wide, extended concrete driveway with parking for up to 9 additional vehicles, and a 1,600-square-foot shop with electricity, there is plenty of room for projects, hobbies, guests, and more. The property also features a private well and septic, pipe and cable fencing around the perimeter of the house, and mature trees that add to the rural setting. Located in the Pottsboro ISD and just minutes from Lake Texoma, city amenities, and major routes including Hwy 75, FM 120, TX 289, and FM 1417, you get the best of both worlds—peaceful country living with convenience close by. I like to call it boujee rural. Sold AS-IS and ready for someone to take on this renovation to transform it into something truly special.

Investor Tools

$0Estimated Mortgage Balance
$599,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Dionne Warfield

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,703
$361,640
2024
$28,823
$332,817
$891,857
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,703
$361,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$599,000
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.

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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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5292 Preston Rd | Property Details | No Agent List