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$826,955

NAL Estimated Property Value

7 Summit Oaks Circle, Denison, TX, 75020

Off MarketInfo
Baths0 Bath
Baths3,368 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size1.50 acres

Building Information

Year Built2022
Garage Spaces5

Land Information

APN063 7173001
Lot Number3R
SubdivisionSummit Oaks Ranch Phase One Replat Lts 2
Land UseResidential
Legal DescriptionSUMMIT OAKS RANCH PHASE ONE REPLAT LTS 2 3 & 4, BLOCK 1, LOT 3R, ACRES 1.5
Census Tract000302
Assessed Land Value$184,912
Assessed Improvement Value$642,043
Assessment Year2025

About this property

Live on top of the world! Or at least on the top of Grayson County - this is said to be one of the highest spots in the county. It is a premier gated subdivision! (Note: This is Lot 7 of Phase 1, not the physical address of 7 Summit Oaks.)Nature greets you in this quiet, secluded neighborhood that boasts of a park-like setting with gorgeous trees and wild grasses. A nature path that passes through a wooded area with a small creek surrounds the perimeter of the property. A playground for the kids, boat and trailer parking, a beautiful pond and a lovely vineyard highlight this well-planned subdivision. Summit Oaks is just a few miles from Texoma Medical Center, shopping, dining, and fun in Denison. Don't forget the nearby Town Center and other attractions in Sherman. Top that off with a vacation vibe on Lake Texoma which is a quick trip to fun times. Come Home Where You Belong!

Investor Tools

Property Icon
$826,955
Estimated Property Value
$95,218Estimated Mortgage Balance
$731,737Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,962 /month
Positive
Cash Flow Estimate:
$1,654 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,586/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,894
$826,955
2025
$184,912
$642,043
$826,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,894
$826,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Purchase Money Mortgage
$102,000
No
First
Oct 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,218
$731,737
88%
12%
$612/mo

Learn About the Market: Opportunity in Texas

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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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7 Summit Oaks Circle | Property Details | No Agent List