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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
Unimproved LandUnimproved Land

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

Experience Luxury Country Living Near Lake Texoma! Located in the Beautiful Gated Community of Summit Oaks Ranch, This Level 1 Acre Lot is the Perfect Place to Build Your Dream Home! Only minutes from Sherman's Town Center, Eisenhower State Park, & Highway 75! Buyer or Agent to Verify All Information in This Listing. Lot 7 is at the End of the Main Street before the curve on your right hand side. (Not The Physical address of 7 Summit Oaks) 3,000 Sqft minimum.

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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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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7 Summit Oaks Circle | Property Details | No Agent List