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$1,050,000

NAL Estimated Property Value

7390 Preston Rd, Denison, TX, 75020

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths3,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$329.34 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesOutdoor Shower
Lot Size20.40 acres

Building Information

Year Built2002
Garage Spaces4

Land Information

APN039 011700604
SubdivisionButler Jesse A-G0117
Land UseResidential
Legal DescriptionG-0117 BUTLER JESSE A-G0117, ACRES 20.4
Census Tract000302
Assessed Land Value$527,571
Assessed Improvement Value$522,429
Assessment Year2025

About this property

Welcome to your private oasis. A tree lined entrance opens up to a beautiful pond, further up is a custom house with luxury finishes you need to see to appreciate. The large barn has an attached apartment consisting of a kitchen, living space, bedroom and bath. The 20 acre property also has a second barn for storage, a cute potting shed and pergola for relaxing under. The main house features cathedral ceiling living room, floating fireplaces, interior stone walls, wood floors, chefs kitchen and extensive patios in front and back of the house. This property has it all and is just waiting for a new owner to return it to is full potential. There are some repairs needed and all repairs will be the responsibility of the buyer. The main house is approx 3340 sq ft and the barn apartment is approx 1480 sq ft. The property has well water and is located outside city limits so no city property taxes. All this just 8 mins from Grandpappy marina on Lake Texoma and 7 mins to Eisenhower State Park.

Investor Tools

Property Icon
$1,050,000
Estimated Property Value
$564,524Estimated Mortgage Balance
$485,476Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,958/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,245
$1,050,000
2025
$527,571
$522,429
$1,050,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,245
$1,050,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$580,000
No
First
Nov 20, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$564,524
$485,476
46%
54%
$3,478/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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7390 Preston Rd | Property Details | No Agent List