$359,500
SOLD MAY 8, 2025
Last list price

909 W Chestnut St Denison, TX 75020

-- Bed
-- Bath
3,460 Sq Ft
0.29 Acres

Recently Sold

$86 Per Sq Ft

7 Days on Market

Highlights

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

About This Home

As of May 2025

Great investment opportunity! This income-generating triplex features three independent units, each with private access. Both lower-level units are currently leased, providing immediate rental income, while the top unit has been recently renovated and is move-in ready for a new tenant.• Separate Electric Meters: Each unit has its own electric meter, while all share a single water meter.• Prime Location: Situated near historic downtown Denison, offering easy access to dining, shopping, and entertainment.• Turnkey Investment: With two units already occupied and a freshly updated third unit, this property is ideal for investors looking for steady cash flow.Don’t miss this opportunity to own a well-maintained rental property in a desirable area! Contact us today for more details or to schedule a showing.Buyers and buyers agent verify all information

Last Agent to Sell the Property

Kaylee Wood

eXp Realty LLC Brokerage Phone: 903-422-1558 License #0792362 Listed on: 03/28/2025

eXp Realty LLC

Last Buyer's Agent

Jency McGinley

Keller Williams NO. Collin Cty License #0559480

Keller Williams NO. Collin Cty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,952

Year Built

  • Built in 1920

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Parking

  • Gravel Driveway
  • Parking Lot

Schools

  • Houston Elementary School
  • Denison High School

Additional Features

  • 0.29 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 143718

Community Details

Overview

  • 3 Units
  • 3,460 Sq Ft Building
  • Millers 2Nd Addn Subdivision

Building Details

  • Gross Income $39,600
  • Net Operating Income $32,188

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,952

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OWNERNAME: see tax
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 903-422-1558
  • CapRate: 8.95
  • Co List Office Mls Id: EXP00TO
  • Special Features: VirtualTour
  • Year Built: 1920

Interior Features

  • Interior Amenities: Other
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Oven, Electric Range

Exterior Features

  • Foundation: Pillar/Post/Pier, Slab
  • Roof: Asphalt
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Gravel, Parking Lot
  • GarageYN: No

Utilities

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2893
  • Parcel Number: 143718
  • Lot Size Acres: 0.2893
  • Lot Size Sq Ft: 12601.91

Building Info

  • Year Built: 1920
  • Units Total: 3
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 2460.0
  • Annual Gross Income: 39600.0
  • Property Net Operating Income: 32188.0

MLS Schools

  • MiddleOrJuniorSchool: Henry Scott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 7, 2025
Sold by
Grozzolo Llc
Bought by
Wy Property Ventures Llc
Seller's Agent
Kaylee Wood
eXp Realty LLC
Buyer's Agent
Jency McGinley
Keller Williams NO. Collin Cty
List Price
$299,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,921
Outstanding Balance
$250,701
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$52,220

Purchase Details

Closed on
Feb 20, 2013
Sold by
Romano Simon and Romano Rocio C
Bought by
Morrow Randell E and Morrow Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Deed -- Grayson County Title
Vendors Lien -- Grayson County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,921 New Conventional
Previous Owner $269,000 New Conventional
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Off Market $1,000 -- --
05/21/2025 05/21/25 For Rent $1,000 0.0% --
05/08/2025 05/08/25 Sold -- -- --
04/05/2025 04/05/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $359,500 +20.2% $104 / Sq Ft
03/28/2025 03/28/25 For Sale $299,000 -- $86 / 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 $4,952 $213,128 $56,070 $157,058
2023 $4,126 $182,102 $48,762 $133,340
2022 $4,256 $179,119 $48,762 $130,357
2021 $4,380 $173,645 $27,342 $146,303
2020 $4,803 $182,096 $19,026 $163,070
2019 $4,875 $177,152 $16,884 $160,268
2018 $5,017 $180,866 $12,978 $167,888
2017 $2,965 $105,984 $10,584 $95,400
2016 $2,222 $82,084 $4,536 $77,548
2015 $0 $75,584 $7,308 $68,276
2014 -- $67,887 $7,308 $60,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20885867

North Texas Real Estate Information Systems (NTREIS)

APN: 143718