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$37,000
20987486 MLS
Welcome to 509 E Shepherd Street in Denison, Texas, a prime .178-acre homesite offering a rare opportunity to build your dream home in a well-established neighborhood just minutes from vibrant downtown Denison. This level and mostly cleared lot provides the ideal foundation for new construction with utilities available at the street and no HOA restrictions, allowing for design flexibility and creative freedom. Nestled on a quiet street lined with mature trees and classic Texas charm, the property offers peaceful surroundings while remaining close to shopping, dining, schools, and local events. Whether you're building your primary residence or investing in the area's growth, this property is an excellent fit for those seeking a balance between community connection and outdoor adventure. One of the standout features of this location is its close proximity to Lake Texoma, located just 10 miles away. Known as one of the largest and most popular lakes in the region, Lake Texoma offers over 89,000 acres of open water, more than 1,000 miles of shoreline, and countless recreational opportunities. Residents enjoy easy access to boating, fishing, paddleboarding, and lakeside picnics. The nearby Eisenhower State Park provides scenic hiking trails, campgrounds, and panoramic lake views, making it a favorite destination for weekend outings and nature lovers. In addition to Lake Texoma, this property is conveniently situated near several local parks including Munson Park and Forest Park, offering playgrounds, open green spaces, and sports facilities that add to the appeal of everyday living in Denison. The neighborhood is part of the growing Texoma region, which continues to attract new development, cultural attractions, and community initiatives. With its blend of peaceful residential setting and close proximity to outdoor recreation, 509 E Shepherd Street is a compelling option for buyers looking to enjoy both small-town warmth and the adventure of lakeside living.

509 E Shepherd St, Denison

$650,000
20793728 MLS
Seller Financing Considered. The seller is open to providing financing for qualified buyers, with terms structured around the strength of the offer and buyer qualifications. Situated on a highly visible corner lot at W. Crawford Street and Maurice Avenue, this 4,428 SF single-story brick building offers six large open rooms, multiple bathroom facilities, a fully equipped commercial kitchen remodeled in 2020, a covered front entry with lobby and reception area, and a utility room with washer and dryer hookups. Two parcels combine for a total of 0.615 acres — the improved lot at 1500 W. Crawford and the adjacent vacant lot at 1506 W. Crawford — providing room for expansion, additional parking, or outdoor programming space with City approval. The roof was replaced approximately four years ago and one of the two HVAC systems approximately two years ago. US-75 is 2.5 miles west on W. Crawford, providing straightforward access from the broader Denison and Sherman area. The Sherman-Denison market is experiencing significant economic growth. Texas Instruments' $40 billion semiconductor campus in Sherman began production in December 2025, with 3,000 direct positions and thousands of indirect jobs driving population growth and increased demand for community services, schools, houses of worship, and healthcare throughout Grayson County. Houston Elementary is 0.5 miles from the property. This property is zoned SF-7.5, permitting non-residential uses including school, church, and private recreation facility, though some uses may require special use permits. The City of Denison has confirmed office rezoning is feasible given existing office zoning directly across the street. Buyer is responsible for confirming all permitted uses prior to closing. Flood Zone Note: The building is located in FEMA Flood Zone X — outside the 100-year flood plain. A portion of the rear yard carries Zone A designation. This does not affect the building or the primary usable areas of the site.

1500 W Crawford St, Denison

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