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$419,000

NAL Estimated Property Value

5308 S Theresa Drive, Denison, TX, 75020

$544,049 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,536 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$78.47 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesOther
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesStorage
Lot Size40,032 sqft

Building Information

Year Built1940

Land Information

APN102 1097031
SubdivisionShelp D C A-G1097
Land UseResidential
Legal DescriptionG-1097 SHELP D C A-G1097, ACRES .919
Census Tract000901
Assessed Land Value$98,780
Assessed Improvement Value$120,886
Assessment Year2025

About this property

Bring all your ideas to this property to make it your own! This property is just over one acre with 2 homes, a large shop, carport and separate storage building. There are lots of trees for privacy as well. The property sits on a quiet street but is just around the corner from Texoma Medical Center and Gateway Village with easy access to Highway 75 and Spur 503. The main house is 4 bed 2 bath with a large living area and kitchen. The other residence is a single wide mobile home with 1 bed and 1 bath. The additional unit would be a great rental giving you some extra cash flow.

Investor Tools

Property Icon
$419,000
Estimated Property Value
$182,390Estimated Mortgage Balance
$236,610Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$544,048
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,131
$213,385
2025
$98,780
$120,886
$219,666
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,131
$213,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independence Bank
Unknown
$194,350
No
First
Jan 13, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,390
$236,610
56%
44%
$1,166/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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5308 S Theresa Drive | Property Details | No Agent List