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$179,634

NAL Estimated Property Value

824 W Munson St, Denison, TX, 75020

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,296 Sq Ft
price_per_sqft$115.74 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesOther

Exterior

Exterior FeaturesStorage
Lot Size7,501 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APND024 3120267
Lot Number2
SubdivisionMunson & Purinton
Land UseResidential
Legal DescriptionMUNSON & PURINTON, BLOCK 28, LOT 2, ACRES 0.1722
Census Tract000700
Assessed Land Value$51,000
Assessed Improvement Value$128,634
Assessment Year2025

About this property

Investor Opportunity – Value-Add Potential in Central Denison Built in 1950 and sitting on a 7,501 sq ft lot, this ~1,296 sq ft property offers solid bones and flexible layout potential. Though currently configured with a studio-style setup, it could be repositioned into a functional 2–3 bedroom layout to significantly increase market value. The home is connected to city water and sewer and includes a detached garage, offering additional utility or conversion options. With comparable renovated homes in the area exceeding $200K, this property presents a strong opportunity for investors or flippers seeking upside in a growing market. Interior upgrades, layout optimization, and curb appeal enhancements could unlock immediate equity.

Investor Tools

Property Icon
$179,634
Estimated Property Value
$73,876Estimated Mortgage Balance
$105,758Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,078 /month
Positive
Cash Flow Estimate:
$359 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,430
$179,634
2025
$51,000
$128,634
$179,634
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2023
$3,430
$179,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chris A Vickey
Unknown
$80,000
No
First
Apr 13, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,876
$105,758
58%
41%
$480/mo

City: Denison

824 W Munson St | Property Details | No Agent List