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$144,000

615 W Gandy St, Denison, TX, 75020

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,493 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.12 / sqft
Year BuiltBuilt in 1875

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Gas Cooktop, Gas Oven, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesCourtyard, Fire Pit
Lot Size7,501 sqft

Building Information

Year Built1875

Land Information

APND016 3116133
Lot Number11
SubdivisionMillers 1st Addn
Land UseResidential
Legal DescriptionMILLERS 1ST ADDN, BLOCK 10, LOT 11, ACRES .1722
Census Tract000501
Assessed Land Value$52,500
Assessed Improvement Value$75,803
Assessment Year2025

About this property

Welcome to this charming Victorian Retreat with Modern Amenities! Relax on your covered front porch—complete with an inviting porch swing to enjoy your morning coffee. Discover elegant oval windows that fill the space with natural lighting. Inside, the heart of the home dazzles with soaring 12-foot ceilings, rich wood mouldings, and French doors that lead into an elegant formal dining room accented by decorative lighting. The eat-in kitchen is a chef’s delight, featuring stainless-steel appliances, quartzite countertops, a farmhouse sink, a butler’s pantry, and a Whirlpool fridge—perfect for entertaining and everyday living. A dedicated utility room and ample walk-in closets add functional convenience. Retreat to the thoughtfully renovated bathroom with subway tile, luxe fixtures, and a shower-tub combo complete with a rain-showerhead and elegant lighting. Ceiling fans throughout enhance comfort year-round. Enjoy privacy with your fenced back yard, and unwind on your covered back porch or around the cozy fire pit ideal for gatherings. Schedule your tour today!

Investor Tools

Property Icon
$144,000
Estimated Property Value
$50,000Estimated Mortgage Balance
$95,410Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,464
$127,960
2025
$52,500
$75,803
$128,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,464
$127,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$50,000
No
First
Oct 25, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,590
$95,410
66%
34%
$300/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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615 W Gandy St | Property Details | No Agent List