500-502 OWINGS STREET, DENISON, TX 75020

Homes for sale in Denison.

Homes for sale in 75020.


500-502 Owings Street

Denison, TX 75020

Status of the property has changed, please contact for details

List Price$500,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21145741

6

Bedrooms

4 full, 2 partial

Bathrooms

3,038

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

Turn-key income-producing duplex in a high-demand downtown location with a proven history of minimal vacancy and premium rent pricing. This low-maintenance property offers an ideal opportunity for investors seeking stable cash flow in a market with strong tenant demand for both short and long term. Each unit features a well-designed 3-bedroom, 2.5-bath layout with an attached 2-car garage, a rare and highly desirable amenity that supports higher rental rates. The design maximizes tenant privacy with the only shared wall located at the garage and entrances on opposite ends--helping reduce tenant turnover and increase long-term retention. Interior features include a first-floor primary suite, additional flex spaces ideal for home offices, raised ceilings, granite countertops, stainless steel appliances, luxury vinyl flooring throughout, designer finishes, separate utility room and full blinds package. Energy-efficient foam insulation keeps operating costs low while maintaining tenant comfort. Outdoor amenities include a covered porch and patio, fenced courtyard, and park-facing views, adding lifestyle appeal in an urban setting. The property's walkable location to historic downtown Denison, restaurants, grocery stores, festivals, and major employers drives consistent demand. Centrally located near Texoma Medical Center, Sherman, Lake Texoma, and Choctaw Casino. With strong rental demand, low operating expenses, and an excellent location, this property is well-suited for both long-term hold investors and those seeking a high-quality asset in a growth corridor. A rare opportunity to acquire a low-maintenance duplex in an area where rental inventory is limited and demand remains strong.

Property Features

Location Information

County

Grayson

Subdivision

Stevens Addition

Interior Features

Interior

High Speed Internet, Cable TV, Wired for Sound

Heating

Central, Electric, Heat Pump

Full Baths

4

Cooling

Central Air, Ceiling Fan(s), Electric, Heat Pump

1/2 Baths

2

Floors

Carpet, Ceramic Tile, Luxury Vinyl Plank

Has Fireplace

No

Appliances

Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan

Number of Fireplaces

0

Total Number of Units

2

Exterior Features

Stories

2

Patio / Deck Description

Front Porch, Patio, Covered

Construction

Frame, Wood Siding

Pool Description

None

Exterior

Rain Gutters

Lot Description

Corner Lot, Few Trees

Foundation

Slab

Lot Size in Acres

0.17

Roof

Composition

Lot Size in Sq. Ft.

7,405

Water / Sewer

Sewer Available, Separate Meters, Water Available, Cable Available

Lot Dimensions

50x117

Utilities

Sewer Available, Separate Meters, Water Available, Cable Available

Buildings

1

Security System

Security System, Smoke Detector(s)

Building Total Area (Sq. Ft.)

3,038

Parking Description

Additional Parking, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side

Green Energy Features

Appliances, HVAC, Insulation, Thermostat, Windows

Has Garage

Yes

Road Description

Asphalt

Garage Spaces

4

Is One Story

No

Fencing

Wood

Lot Description

Corner Lot, Few Trees

School

Elementary School District

Denison ISD

Jr. High School

Henry Scott

Elementary School

Terrell

High School

Denison

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Duplex

Tax Annual Amount

8726.0

Year Built

2021

Community Features

Curbs, Sidewalks

Similar Listings

Mortgage Calculator

$2,333

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,801

Monthly Tax

$416

Monthly Insurance

$116

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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