$189,900
$10K PRICE DROP

12 and 12 B Pershing Dr Unit A Denison, TX 75020

Estimated payment $1,357/month

Total Views 4,679
5 Beds
2 Baths
2,355 Sq Ft
$81 Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • Covered patio or porch
  • Interior Lot
  • Central Heating and Cooling System

About This Home

Great potential with this duplex near Grayson County College, Sherman, Denison and Pottsboro and Lake Texoma just minutes away! Rented now to same tenants for many years so rent is low now but ready to increase if desired. Tenant in 12A just moved out of the 2 bedroom unit, and it is the one that could use a little freshening up while it's vacant for the first time in many years. These homes were built by the USA military in the mid 1940's and are very solid. Even with deferred maintenance they are still in good shape. Perfect for investors and those looking to start or increase their portfolio. This is a budget price to create some wonderful rental income. The outside needs some wood replaced and repaired but that's a pretty easy fix. Great opportunity to add significant value to this property with a little elbow grease. Also close by is Hagerman National Wildlife Refuge, schools, parks, and public transportation. Don’t miss out on this rare find! NOTE! PRICE LOWERED, and, The 3 bedroom unit, 12B, has just been leased for 1200.00 per month for one year. Come and get it!

Listing Agent

Ben Williams

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0472370 Listed on: 03/05/2025

Co-Listing Agent

Allyn Steele

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0777292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,603

Year Built

  • Built in 1945

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Interior Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Percy W Neblett Elementary School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 8
  • Assessor Parcel Number 115505

Community Details

Overview

  • 2 Units
  • 2,355 Sq Ft Building
  • Perrin Club Estates Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,603

Year Built

Built in 1945

Lot Details

0

Listing Details

  • OWNERNAME: Richard Mashek Family LP
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 903-893-5188
  • Co List Office Mls Id: GILB00TO
  • Co List Office Phone: 903-893-5188
  • Co List Office Mls Id: GILB00TO
  • Special Features: VirtualTour
  • Year Built: 1945

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Eat-in Kitchen, High Speed Internet, Cable TV
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Electric Range, Gas Water Heater, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Slab
  • Fencing: Partial, Wood
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Asphalt, Concrete, Open
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Electricity Connected, Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Percy W Neblett
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.334
  • Parcel Number: 115505
  • Lot Size Acres: 0.334
  • Lot Size Sq Ft: 14549.04

Building Info

  • Year Built: 1945
  • Units Total: 2

Tax Info

  • TaxBlock: 8
  • Tax Lot: 3
  • Tax Annual Amount: 3603.0

Multi Family

  • Annual Gross Income: 18000.0

MLS Schools

  • MiddleOrJuniorSchool: Sherman

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,603 $150,302 $54,512 $95,790
2023 $3,523 $150,586 $28,782 $121,804
2022 $2,671 $105,757 $28,782 $76,975
2021 $2,048 $76,733 $18,461 $58,272
2020 $1,619 $58,098 $18,461 $39,637
2019 $976 $33,639 $4,580 $29,059
2018 $686 $25,251 $4,580 $20,671
2017 $492 $17,956 $4,580 $13,376
2016 $423 $15,445 $4,580 $10,865
2015 $0 $14,407 $4,580 $9,827
2014 $398 $14,407 $4,580 $9,827
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $189,900 -5.0% $81 / Sq Ft
03/09/2025 03/09/25 For Sale $199,900 -- $85 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20857634

North Texas Real Estate Information Systems (NTREIS)

APN: 115505