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$1,670,000

NAL Estimated Property Value

827 W Monterey Street, Denison, TX, 75020

Off MarketInfo
Beds44 Beds
Baths16 Bath
Baths11,520 Sq Ft
ApartmentApartment
price_per_sqft$144.97 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms 44Bedrooms 44
Bathrooms 16Bathrooms 16
AppliancesGas Range, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesOther

About this property

Welcome to the Cottages of South Scullin. This 16 unit community is comprised of 8 twin villa duplexes, and boasts nearly 1.5 acres of land. The complex features four 2 bed 1 bath floor plans, and twelve 3 bed 1 bath floor plans. The 2 bedroom units could easily be converted into 3 bedroom units for a higher NOI. All units are individually metered for water, sewer and electric. All properties are copper wire with updated electric service. All roofs are less than 8 years old, 14 units have water heaters less than 9 years old, and several units have PVC plumbing. A great investment opportunity in Denison Tx. Income and Expenses are based on proforma. Actuals are available upon request.

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$0Estimated Mortgage Balance
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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,020 /month
Positive
Cash Flow Estimate:
$3,340 /month

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Financing Details

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

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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827 W Monterey Street | Property Details | No Agent List