500-502 Owings Street, Denison, TX 75020
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: philip martin972-768-5664
Office: exp realty
MLS#:21145741
Source:GDAR
Price summary
- Price:$479,000
- Price per sq. ft.:$157.67
About this home
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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Home facts
- Year built:2021
- Listing ID #:21145741
- Added:45 day(s) ago
- Updated:February 23, 2026 at 12:48 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:2
- Living area:3,038 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Heat Pump
- Heating:Central, Electric, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:2021
- Building area:3,038 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Denison
- Middle school:Henry Scott
- Elementary school:Terrell
Finances and disclosures
- Price:$479,000
- Price per sq. ft.:$157.67
- Tax amount:$8,726
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