$205,000
SOLD AUG 26, 2020
Last list price

1719 S Fannin Ave Unit 1721 Denison, TX 75020

6 Beds
2 Baths
2,469 Sq Ft
0.26 Acres

Recently Sold

$83 Per Sq Ft

66 Days on Market

Highlights

  • Corner Lot
  • Covered patio or porch
  • Home Security System
  • Denison High School Rated A-
  • 1 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of August 2020

Investor special! Add this cash flow investment to your portfolio. Two homes being sold as one unit. Both homes have tenants in place. 1719 currently rents for $950 a month and 1721 currently rents for $1125 a month. Both homes have had recent updates. Please review pro forma provided by sellers in documents. Great investment opportunity at 8.5% cap rate!

Last Agent to Sell the Property

Jeff Dowden

Real Broker, LLC License #0663053 Listed on: 05/27/2020

Real Broker, LLC

Last Buyer's Agent

Michele Holt

Fathom Realty, LLC License #0620006

Fathom Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Interior Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,469 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Community Details

  • 2 Units
  • 2,469 Sq Ft Building
  • Vinita Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 2
  • Assessor Parcel Number 149549
  • $3,984 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,676

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Security: Fire Alarm, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 17406
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 78.16930
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Square Footage: 2469.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Other
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Electric Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 1
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Gravel/Rock, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Denison ISD
  • Elementary School: Lamar
  • Middle School: Henry Scott
  • High School: Denison
  • School District: Denison ISD
  • Elementary School: Lamar
  • Intermediate School: Mcdaniel
  • High School: Denison

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.2560
  • Parcel Number: 149549
  • Lot Size Acres: 0.2560
  • Lot Size Sq Ft: 11151.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1958
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 6996.00
  • Gross Annual Income: 24900.00
  • Insurance Expense: 1800
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 3984
  • TaxBlock: 2
  • Tax Lot: 18

MLS Schools

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Rented $1,300 0.0% --
08/18/2023 08/18/23 For Rent $1,300 +4.0% --
08/08/2022 08/08/22 Rented $1,250 0.0% --
08/05/2022 08/05/22 Under Contract -- -- --
07/21/2022 07/21/22 Price Changed $1,250 -3.8% $1 / Sq Ft
06/14/2022 06/14/22 For Rent $1,300 0.0% --
08/26/2020 08/26/20 Sold -- -- --
08/01/2020 08/01/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $205,000 0.0% $83 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $205,000 +22.0% $83 / Sq Ft
07/12/2018 07/12/18 Sold -- -- --
06/09/2018 06/09/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $168,000 -- $68 / Sq Ft
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
2024 $6,676 $287,361 $56,017 $231,344
2023 $6,253 $276,000 $61,460 $214,540
2022 $5,809 $244,491 $33,811 $210,680
2021 $4,843 $192,032 $17,966 $174,066
2020 $4,029 $152,727 $17,966 $134,761
2019 $4,156 $151,037 $13,056 $137,981
2018 $2,732 $98,464 $10,824 $87,640
2017 $2,481 $88,684 $8,146 $80,538
2016 $2,257 $80,684 $8,146 $72,538
2015 $0 $39,942 $8,146 $31,796
2014 -- $38,570 $8,146 $30,424
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Krista Landon

    Milestone Premier Properties

    Section Image

  • T

    Seller's Agent in 2022

    Tre Allen

    DHS Realty

    (580) 230-8449

    49 Total Sales

    Section Image
  • Jeff Dowden

    Seller's Agent in 2020

    Jeff Dowden

    Real Broker, LLC

    (903) 821-4557

    73 Total Sales

    Section Image
  • Michele Holt

    Buyer's Agent in 2020

    Michele Holt

    Fathom Realty, LLC

    (817) 614-4639

    85 Total Sales

    Section Image

  • A

    Seller's Agent in 2018

    Ashley Briscoe

    Home Run Realty

    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14351459

North Texas Real Estate Information Systems (NTREIS)

APN: 149549

Texas Grayson County Denison 75020

1719 S Fannin Ave Unit 1721, Denison, TX

This home is located at 1719 S Fannin Ave Unit 1721, Denison, TX 75020 and is currently estimated at $205,000, approximately $83 per square foot. This property was built in 1958. 1719 S Fannin Ave Unit 1721 is a home located in Grayson County with nearby schools including Scott Middle School, Denison High School, and St. Luke's Parish Day School.

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