500-502 Owings Street Denison, TX $ 500,000
500-502 Owings Street
$ 500,000
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500-502 Owings Street

Denison, TX, 75020
$ 500,000
Bedrooms6 Baths4.2

Monthly Estimate*

$ 3,079

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Multi-Family Home for sale in Denison, TX

for $500,000 with 6 bedrooms and 4 full baths, 2 half baths. This home was built in 2021 on a lot size of 0.17.

Turn-key income-producing duplex in a high-demand downtown location with a proven history of minimal vacancy and premium rent pricing. This low-maintenance property offers an ideal opportunity for investors seeking stable cash flow in a market with strong tenant demand for both short and long term. Each unit features a well-designed 3-bedroom, 2.5-bath layout with an attached 2-car garage, a rare and highly desirable amenity that supports higher rental rates. The design maximizes tenant privacy with the only shared wall located at the garage and entrances on opposite ends—helping reduce tenant turnover and increase long-term retention. Interior features include a first-floor primary suite, additional flex spaces ideal for home offices, raised ceilings, granite countertops, stainless steel appliances, luxury vinyl flooring throughout, designer finishes, separate utility room and full blinds package. Energy-efficient foam insulation keeps operating costs low while maintaining tenant comfort. Outdoor amenities include a covered porch and patio, fenced courtyard, and park-facing views, adding lifestyle appeal in an urban setting. The property’s walkable location to historic downtown Denison, restaurants, grocery stores, festivals, and major employers drives consistent demand. Centrally located near Texoma Medical Center, Sherman, Lake Texoma, and Choctaw Casino. With strong rental demand, low operating expenses, and an excellent location, this property is well-suited for both long-term hold investors and those seeking a high-quality asset in a growth corridor. A rare opportunity to acquire a low-maintenance duplex in an area where rental inventory is limited and demand remains strong.

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Multi-Family Active

Price

$ 500,000

Bedrooms

6

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 8,726

Style

Duplex

Lot Size

0.17

Year Built

2021

Town/City

Denison

County/Region

Grayson

MLS | Web ID

21145741

Features
Interior
Interior Features Cable TV Available Flat Screen Wiring High Speed Internet Available
Flooring Carpet Ceramic Tile Luxury Vinyl Plank
Basement Y/N 0
Total Units 2
Half Baths 2
Total Bedrooms 6
Total Baths 6
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General
Heating Central Electric Heat Pump
Complex Name Duplex
Cooling Ceiling Fan(s) Central Air Electric Heat Pump
Utilities Asphalt City Sewer City Water Curbs Individual Water Meter Sidewalk
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Electric Water Heater Microwave Vented Exhaust Fan
Number of Garage Spaces 4
School District Denison ISD
Pool Y/N 0
Year Built 2021
Levels Two
Property Subtype Duplex
Subdivision Name Stevens Addition
Occupant Type Tenant
County Grayson
Property Type Residential Income
Construction Materials Frame Siding Wood
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
Special Notes Owner/ Agent
# of Buildings 1
Full Baths 4
Status Active
Directions GPS
City Denison
Elementary School Name Terrell
High School Denison
Elementary School Terrell
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Exterior Features Covered Patio/Porch Rain Gutters
Lot Features Corner Lot Few Trees
Fencing Wood
Parking Features Additional Parking Driveway Garage Garage Door Opener Garage Faces Side Garage Single Door
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Dimensions 50x117
Building Area Total 3038.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Philip Martin

Listing Agent

Exp Realty

Broker

Affordability Calculator

$3,806
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$727
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287983 Elementary School
3672557 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$500,000 Listed Price

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500-502 Owings Street, Denison, TX, 75020 is a Multi-Family Home for sale at $500,000 with a lot size of 0.17. 500-502 Owings Street has 6 bedrooms, 4.2 baths, and was built in 2021. The property's zip code is 75020 which is in Denison, TX