509 E Heron
Denison, TX, 75021 $ 250,000
Bedrooms3 Baths2.0 Monthly Estimate*
$ 1,579
for $250,000 with 3 bedrooms and 2 full baths. This home was built in 1930 on a lot size of 0.239.
Fantastic investment opportunity—perfect for investors seeking immediate cash flow! This unique property has 2 properties, both tenant-occupied. Unit 509 is occupied at $1,200 per month through June 2027, and Unit 511 is tenant-occupied through 4-30-2027 for $1010 per month. Welcome to this beautifully updated 1930s home with an ADU that adds instant rental income or additional space for guest house or separate home office! Full of character, timeless charm and thoughtfully updated throughout, this home blends the craftsmanship and charm of its original era with the conveniences of today. Inside, you'll find luxury vinyl plank wood-look flooring throughout (NO CARPET), fresh interior updates, and abundant natural light that highlights the home’s inviting atmosphere. The spacious living area offers a comfortable place to gather and relax, while subtle architectural details reflect the home's original charm and personality. The kitchen has been updated with modern finishes, featuring sleek countertops, ample cabinetry, and updated appliances—creating a functional and welcoming space for cooking, entertaining, and everyday living. The bedrooms are generously sized and offer flexibility for guests, a home office, or additional flex space to fit your lifestyle needs. Updated bathrooms feature clean, contemporary finishes while still complementing the home’s classic character. This unique property also features a 792 sqft ADU! Inside you'll find a living space, 1 bedroom loft, full bath and full kitchen space. Keep as rental for additional income or use as extra guest space, home office, hobby space, or home gym. The options are endless! Step outside to enjoy a private backyard with room for outdoor entertaining, gardening, pets, or simply relaxing outdoors.
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FeaturesInteriorInterior Features Built-in Features Cable TV Available Decorative Lighting High Speed Internet Available Other
Flooring Luxury Vinyl Plank
Basement Y/N 0
Total Units 2
Half Baths 0
Total Bedrooms 3
Total Baths 2
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GeneralHeating Central Electric
Complex Name n/a
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Available City Sewer City Water Electricity Available Individual Water Meter
Possession Closing/Funding Lease Outstanding
Roof Composition Shingle
Appliances Dishwasher Disposal Electric Cooktop Electric Oven Electric Range Electric Water Heater Microwave
Number of Garage Spaces 0
School District Denison ISD
Pool Y/N 0
Exclusions Current tenant belongings including washer dryer fridge etc. as applicable.
Year Built 1930
Levels One and One Half
Property Subtype Multiple Single Units
Subdivision Name BELMONT
Occupant Type Tenant
County Grayson
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit Y/N Y
HOA Type None
# of Buildings 2
Full Baths 2
Status Active
Directions from hwy 75 go east on 503 follow 503 until you turn right on hwy 69 from hwy 69 turn left on S. Bells Dr. from S Bells Dr turn Right on E Monterey St From E Monterey St Turn left on E Heron St
City Denison
Elementary School Name Lamar
High School Denison
Elementary School Lamar
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
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ExteriorWaterfront 0
Exterior Features Covered Patio/Porch Private Yard
Lot Features Landscaped Lrg. Backyard Grass
Parking Features Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 2116.00
Garage Y/N 0
Attached Garage Y/N 0
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* Excluded FeaturesList ByBernard BellListing Agent
Omnikey Realty, Llc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $1,579
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Denison, TX
Average List Price $454,744
Percent of Sale Price 82%
About Denison, TX 23,688 Population
4% Since 2002
$ 43,962 Median Income
40.17 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
288237 Elementary School
3672557 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $250,000 | | Listed Price |