NOT LISTED FOR SALE

1219-1221 Bells Dr Denison, TX 75021

Estimated Value: $309,359 - $424,000

6 Beds
-- Bath
-- Sq Ft
6,142 Sq Ft Lot

Last Sold November 27, 2023

Current estimated payment $2,579/month

3 Days on Market

Highlights

  • Attached Carport
  • Luxury Vinyl Plank Tile Flooring
  • High Speed Internet
  • Denison High School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2023

INCOME-PRODUCING DUPLEX IN THE HEART OF DENISON! Welcome to this fantastic opportunity to own a well-maintained duplex in the desirable city of Denison. Nestled in a quiet and friendly neighborhood, this duplex is just minutes away from Denison's downtown, schools, parks, and major highways, making it convenient for daily living. Both units are currently leased with great tenants. Rental rates are $1550 & $1475. Each unit features 3 bedrooms and 2.5 bathrooms, a privacy fence, and an extra-long driveway with a 1-car carport.
Investment Opportunity: This duplex is a fantastic opportunity for investors looking to expand their portfolio. Denison's growing rental market ensures a steady stream of potential tenants, and the property's condition minimizes the hassle of ongoing maintenance.
Due to both units being tenant-occupied, showings will not be granted without proof of funds or a purchase offer. Potential buyers must be willing to work around the tenant's schedule for viewings.

Last Agent to Sell the Property

Brandy Landon

Milestone Premier Properties Brokerage Phone: 903-462-0282 License #0690856 Listed on: 10/05/2023

Last Buyer's Agent

Uzair Mohsin

Global Realty License #0712212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,713

Year Built

  • Built in 2021

Lot Details

  • 6,142 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 6 Bedrooms
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Parking

  • 6 Parking Spaces
  • Attached Carport
  • Driveway

Schools

  • Lamar Elementary School
  • Henry Scott Middle School
  • Denison High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • 2 Units
  • 3,031 Sq Ft Building
  • Sims Couch Addn, Acres .141 Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / A
  • Assessor Parcel Number 404540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,713

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 25400
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 138.56813
  • Attribution Contact: 903-462-0282
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Interior Amenities: High Speed Internet Available
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Siding

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 6
  • Parking Features: Attached Carport, Covered, Driveway

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Denison ISD
  • Elementary School: Lamar

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1410
  • Parcel Number: 404540
  • Lot Size Acres: 0.1410
  • Lot Size Sq Ft: 6141.9600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2021
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 8400.00
  • Gross Annual Income: 36300.00
  • Insurance Expense: 1500
  • Unit Count: 2

Tax Info

  • TaxBlock: A
  • Tax Lot: 8

MLS Schools

  • Middle School Name: Henry Scott
  • Elementary School Name: Lamar
  • High School Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Gurian Gary and Gurian Michelle
Bought by
Zaki Rehan
Current Estimated Value
$366,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2022
Sold by
Bailey Brothers Builders Lp
Bought by
Field Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2022
Sold by
Thorntree Capital Llc
Bought by
Gurian Gary and Gonzales Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zaki Rehan -- Grayson County Title
Field Family Living Trust -- Grayson County Title
Gurian Gary -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaki Rehan $315,000
Previous Owner Field Family Living Trust $266,250
Previous Owner Gurian Gary $252,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold -- -- --
10/09/2023 10/09/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $425,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

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
2025 $7,713 $331,949 $31,324 $300,625
2024 $7,713 $331,997 $31,324 $300,673
2023 $7,746 $341,909 $30,034 $311,875
2022 $7,858 $330,719 $27,455 $303,264
2021 $246 $9,766 $9,766 $0
2020 $181 $6,849 $6,849 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandy Landon

    Seller's Agent in 2023

    Brandy Landon

    Milestone Premier Properties

    (903) 818-7589

    150 Total Sales

    Brandy Landon
    Section Image

  • U

    Buyer's Agent in 2023

    Uzair Mohsin

    Global Realty

    (786) 757-6200

    12 Total Sales

    Uzair Mohsin
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20448463

North Texas Real Estate Information Systems (NTREIS)

APN: 404540

Texas Grayson County Denison 75021

1219-1221 Bells Dr, Denison, TX

Not Listed for Sale

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