616 & 618 RICE STREET, DENISON, TX 75020

Homes for sale in Denison.

Homes for sale in 75020.


616 & 618 Rice Street

Denison, TX 75020

Status of the property has changed, please contact for details

List Price$115,000

Listing Image Listing Image

Listing #20945604

3

Bedrooms

1 full

Bathrooms

1,964

Square Feet

House

Type

About This Property

This unique investment opportunity includes two tenant-occupied properties on Rice Street, being sold together as part of a 7-property portfolio. The first home, built in 1930, features 3 bedrooms, 1 bath, and 1,268 sqft of living space. It offers solid rental income with room for added value through light rehab. The second home, built in 1985, is a newer 2-bedroom, 2-bath property with 1,184 sqft, requiring only minor cosmetic updates to maximize its potential. Both properties are cash-flowing and ideal for investors seeking turnkey rentals with upside. Please note: these properties will not qualify for FHA or VA financing. A 1-week notice is required for all showings, and proof of funds or a pre-approval letter must be submitted prior to scheduling. Do not disturb tenants.

Property Features

Location Information

County

Grayson

Subdivision

Sunny Side Sub

Interior Features

Rooms

First Floor Living Room, First Floor Primary Bedroom

Living Room Description

0 x 0

Interior

High Speed Internet

Has Fireplace

Yes

Master Bedroom Description

0 x 0

Number of Fireplaces

1

Full Baths

1

Exterior Features

Style

Detached

Pool Description

None

Stories

2

Lot Size in Acres

0.292

Parking Description

Open

Lot Size in Sq. Ft.

12,719

Garage Spaces

0

Is One Story

No

School

Elementary School District

Denison ISD

High School

Denison

Jr. High School

Henry Scott

Additional Information

Property Type

SFR

Status

Closed

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Tax Annual Amount

1729.0

Year Built

1930

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