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About the Listing JPCLLC01 - 0805322
Fantastic investment opportunity on two spacious lots totaling .35 acres. This property includes a three-bedroom home, a detached garage, and a separate workshop—ideal for hobby space, storage, or tinkering with your toys. The second lot is fully fenced and gated, offering privacy and flexibility for future use. The home has solid bones but needs renovation. Flooring and windows are the primary items requiring attention. Because of the flooring condition, the property will not qualify for standard FHA or conventional financing; however, it’s an excellent candidate for an FHA 203K or conventional rehab loan. Estimated repairs are approximately $25,000. The seller is unable to make repairs. There is significant upside here: the second lot provides room to build a second home, a duplex, or even redevelop both lots entirely—creating a strong income opportunity. Major systems are in good shape. The water heater and A C are less than five years old, and the roof is approximately ten years old. Kitchen floor repairs were started but not completed. This location is close to a revitalized downtown Denison and its many entertainment venues. Also, the new Margaritaville will be starting construction soon - a big tourist attraction that will help Denison grow! Bring your vision—properties with this much potential and two full lots at 0.175 acres each don’t come around often.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Electric Oven, Gas Water Heater, Plumbed For Gas in Kitchen, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces: 0
- Floor: Carpet,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Open Floorplan,Paneling,Master on Main
- Water:
Exterior Details
- Lot Description: Interior Lot,Lrg. Backyard Grass,Less Than .5 Acre (not Zero)
- Garage Capacity: 2 car
- Roof: Composition
- Others: Covered Patio/Porch
- Sewer:
- Parking Features: Additional Parking,Driveway,Garage,Garage Faces Front,Garage Single Door
Financial Details
- Tax Amount: $2,877
- Taxes w/Assessments: N/A
- Tax/Property ID: 145411
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
918 W Morgan St Denison, TX 75020
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