509 E Heron, Denison, TX 75021

$250,000
3
BD
2
BA
2,116
SqFt

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List Price
$250,000
Price Change
▼ $10,000 1784602020
MLS#
21277783
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
1930
Construction Status
Preowned
Bedrooms
3
Full Baths
2
Acres
0.24
Living Area
2,116
County
Grayson
City
Denison
Subdivision
BELMONT
Architecture Style
Traditional, Detached

Property Description

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. This property is available for individual sale as well as offered as part of an Investor Package Deal.

Additional Information

Amenities
Fireplace
Lot Size
10,410
Acres
0.24
Lot Description
Back Yard, Lawn, Landscaped
Interior Features
Decorative Designer Lighting Fixtures, High Speed Internet, Other, Cable TV
Flooring
Vinyl
Roof
Composition, Shingle
Pool Features
None
Fireplaces
1
Fireplace Type
Living Room
Exterior
Private Yard
Parking Garage
Driveway
School District
Denison Isd
Elementary School
Lamar
Middle School
Henry Scott
High School
Denison
Possession
CloseOfEscrow, SubjectToTenantRights

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Mallory Adams from OmniKey Realty, LLC.. Contact: 972-480-8280