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$438,000

600 E Washington St, Denison, TX, 75021

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.91 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size14.60 acres

Building Information

Year Built1918
Roof Type109
Garage Spaces2

Land Information

APND012 3102035
SubdivisionL G R & T
Land UseResidential
Legal DescriptionL G R & T, BLOCK 18 LESS 100X103 & ALL 19, ACRES 14.6
Census Tract000200
Assessed Land Value$422,924
Assessed Improvement Value$106,961
Assessment Year2025

About this property

A rare 14.6-acre opportunity in the city limits of Denison offering both current agricultural use and proposed single-family residential zoning with the city. Ideal property for investors, developers, or anyone wanting to hold income-producing land while the Denison future takes shape. Surrounded by mature trees and wide-open spaces, this acreage includes a private pond, multiple homes, and a barn or shop ready for immediate use. The main home sits near the front of the property and needs repair, giving new owners the freedom to restore or replace it with a vision that fits the land’s full potential. A separate casita home is currently occupied, allowing for steady rental income or use as a caretaker’s residence. The barn-shop provides practical storage and workspace for equipment, livestock, or hobby projects, and could easily support ongoing agricultural operations. For developers, the groundwork is already in motion with the city’s proposed zoning for residential use. For investors, the land’s flexibility makes it a strong short- and long-term hold—rent out the homes for cash flow while planning future development, or lease the land for agricultural use to keep it income-producing with minimal oversight. The property’s natural beauty is undeniable: scattered trees, open pastures, and a tranquil pond offer a setting that feels private yet connected. With ample road frontage and easy access to nearby city utilities and infrastructure, this tract holds exceptional potential for either a rural homestead, small subdivision, or multi-use investment. A property that delivers what North Texas buyers are searching for—usable acreage, income potential, and the kind of versatility that’s getting harder to find near growing Denison.

Investor Tools

$0Estimated Mortgage Balance
$254,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,628 /month
Positive
Cash Flow Estimate:
$876 /month

Interested in this property?

Scott Wandell

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,166
$241,391
2025
$422,924
$106,961
$529,885
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,166
$241,391

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$434,000
100%
0%
$0/mo

City: Denison

600 E Washington St | Property Details | No Agent List