$699,900
$40K PRICE DROP

Estimated payment $4,503/month

Total Views 11,974
-- Bed
-- Bath
2,024 Sq Ft
$346 Price per Sq Ft

Highlights

  • Parking available for a boat
  • 1-Story Property
  • Wood Fence
  • 1.48 Acre Lot
  • High Speed Internet
  • 1-minute walk to Munson Park

About This Home

This turnkey investment property offers immediate access from Hwy 69, ensuring high visibility and easy accessibility for tenants and visitors. Located just minutes from Choctaw Casino, the property is ideally positioned to attract steady rental demand. The property features a total of 13 rental units—12 well-maintained efficiency units and one spacious 2-bedroom unit—providing flexible leasing options to accommodate a variety of tenant needs. In addition, there are 4 fully leased RV spots that offer immediate income potential. An additional building on the property was originally designed to serve as an office, adding further versatility and operational convenience for property management or potential redevelopment. Don’t miss this unique opportunity to own a fully leased, income-generating property in a high-traffic, high-demand area.

Listing Agent

Darla McMullen

Hygge Homes and Land License #0559934 Listed on: 04/08/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1945

Lot Details

  • 1.48 Acre Lot
  • Wood Fence

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Fire and Smoke Detector
  • Microwave

Parking

  • Gravel Driveway
  • On-Site Parking
  • Parking available for a boat
  • RV Access or Parking

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 109664

Community Details

Overview

  • 4 Buildings
  • 13 Units
  • 2,024 Sq Ft Building
  • G 0996 Rubio Ramon Subdivision

Building Details

  • Gross Income $79,382
  • Net Operating Income $44,461

Property Details

Home Type

Apartment

Year Built

Built in 1945

Lot Details

1.48 Acres

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • CapRate: 6.35
  • Co List Office Mls Id: HHAL00TO
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:109664
  • Special Features: VirtualTour
  • Year Built: 1945

Interior Features

  • Fireplace Features: None
  • Interior Amenities: High Speed Internet
  • Flooring: Laminate
  • Appliances: Microwave, Refrigerator
  • Basement YN: No

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Exterior Features: Rain Gutters, RV Hookup
  • Pool Features: None
  • Waterfront: No
  • RoadSurfaceType: Asphalt, Gravel

Garage/Parking

  • Cooling System: Window Unit(s)
  • Parking Features: Gravel, On Site, Boat, RV Access/Parking
  • Attached Garage YN: No
  • GarageYN: No

Utilities

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

Schools

  • Elementary School: Terrell
  • High School: Denison
  • Junior High Dist: Denison ISD

Lot Info

  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 1.478
  • Parcel Number: 109664
  • Lot Size Acres: 1.478
  • Lot Size Sq Ft: 64381.68

Building Info

  • Year Built: 1945
  • Units Total: 13

Multi Family

  • Annual Gross Income: 79382.0
  • Property Net Operating Income: 44461.0

MLS Schools

  • MiddleOrJuniorSchool: Henry Scott,Mcdaniel

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/11/2026 06/11/26 Price Changed $699,900 -5.4% $346 / Sq Ft
04/08/2026 04/08/26 For Sale $739,900 -- $366 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

About the Listing Agent

Darla McMullen

Hygge Homes and Land

(430) 243-8007

Section Image

The word Hygge has a lot of meaning to me. Having survived cancer three times, I have lived life with a different outlook since my last battle. The word hygge means – a feeling of contentment or well-being. Being happy and content is what life is really all about. Our company’s main goal is to live a life displaying, modeling, and helping others learn about hygge. We treasure our clients and all the people we do business with and look forward to sharing our sense of HYGGE with you!

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21232387

North Texas Real Estate Information Systems (NTREIS)

APN: 109664

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