$1,050,000

417 E Morton St Denison, TX 75021

Total Views 281
-- Bed
9 Baths
1,184 Sq Ft
$887 Price per Sq Ft

About This Home

CALLING ALL INVESTORS! Excellent investment opportunity to acquire a portfolio of 9 single-family rental homes. All properties are currently occupied and income producing, providing immediate cash flow for a new owner. The portfolio is being offered together and presents a strong investment opportunity with projected returns. Properties are located in established rental areas with consistent tenant demand. This portfolio offers investors the opportunity to acquire stabilized assets with potential for long-term appreciation and continued rental growth. Photos are for all 9 and addresses are in the documents for you to review.

Listing Agent

Greg Parks

Milestone Premier Properties Brokerage Phone: 903-462-0282 License #0691443 Listed on: 03/05/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 9 Full Bathrooms
  • 1-Story Property

Schools

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

Additional Features

  • 5,249 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 142337

Community Details

Overview

  • 9 Buildings
  • 9 Units
  • 1,184 Sq Ft Building
  • Perrys Ed Subdivision

Building Details

  • Gross Income $112,200
  • Net Operating Income $72,930

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

5,249 Sq Ft Lot

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 903-462-0282
  • CapRate: 6.95
  • Co List Office Mls Id: MPP00TO
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:142337
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Interior Amenities: Cable TV
  • Flooring: Other

Beds/Baths

  • Full Bathrooms: 9

Exterior Features

  • Foundation: Other
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Other
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Utilities: Electricity Available, Sewer Available, Water Available, Cable Available

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1205
  • Parcel Number: 142337
  • Lot Size Acres: 0.1205
  • Lot Size Sq Ft: 5248.98

Building Info

  • Year Built: 1958
  • Units Total: 9

Multi Family

  • Insurance Expense: 1000.0
  • Annual Gross Income: 112200.0
  • Property Net Operating Income: 72930.0

MLS Schools

  • MiddleOrJuniorSchool: Henry Scott

Map

Range of Values:

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Value Increase
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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

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 $1,804 $78,980 $26,145 $52,835
2024 $1,804 $77,656 $25,253 $52,403
2023 $2,002 $88,357 $33,653 $54,704
2022 $1,604 $67,513 $23,783 $43,730
2021 $1,258 $49,860 $18,008 $31,852
2020 $1,280 $48,530 $10,763 $37,767
2019 $1,201 $43,631 $4,043 $39,588
2018 $1,235 $44,529 $4,043 $40,486
2017 $1,130 $40,409 $2,730 $37,679
2016 $1,136 $40,603 $1,680 $38,923
2015 $0 $31,486 $1,680 $29,806
2014 -- $31,572 $1,680 $29,892
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2026 03/05/26 For Sale $1,050,000 -- $887 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21199844

North Texas Real Estate Information Systems (NTREIS)

APN: 142337

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