Listed By:
Jones-Papadopoulos & Co
Address
918 W Morgan Street, Denison, TX
Price
$ 139,900
Property Attributes
  • MLS#21354567
  • TypeSingle Family
  • Listing Status Active
  • CountyGRAYSON
  • CityDenison
  • NeighborhoodMillers 2nd Add
  • Zip75020
  • StyleSingle Family Residence
  • Year Built1900
  • Taxes$ 2877
  • Price$ 139,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1092
  • Lot Size0.344 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Fantastic investment opportunity on two spacious lots totaling .35 acres. This property includes a three-bedroom home, a detached garage, and a separate workshop—ideal for hobby space, storage, or tinkering with your toys. The second lot is fully fenced and gated, offering privacy and flexibility for future use. The home has solid bones but needs renovation. Flooring and windows are the primary items requiring attention. Because of the flooring condition, the property will not qualify for standard FHA or conventional financing; however, it’s an excellent candidate for an FHA 203K or conventional rehab loan. Estimated repairs are approximately $25,000. The seller is unable to make repairs. There is significant upside here: the second lot provides room to build a second home, a duplex, or even redevelop both lots entirely—creating a strong income opportunity. Major systems are in good shape. The water heater and A C are less than five years old, and the roof is approximately ten years old. Kitchen floor repairs were started but not completed. This location is close to a revitalized downtown Denison and its many entertainment venues. Also, the new Margaritaville will be starting construction soon - a big tourist attraction that will help Denison grow! Bring your vision—properties with this much potential and two full lots at 0.175 acres each don’t come around often.

Elementary School
Houston Elementary School
Price History
8/9/2026 Listed $139,900

General Features

Heating Central
Cooling Central Air
Utilities City Sewer,City Water,Electricity Connected,Individual Gas Meter,Sidewalk,Underground Utilities
Possession Closing/Funding
Roof Composition
Appliances Electric Oven,Gas Water Heater,Plumbed For Gas in Kitchen,Refrigerator
Easements Utilities
Number of Garage Spaces 2
School District Denison ISD
Year Built 1900
Levels One
Unexempt Taxes 2877
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Millers 2nd Add
Transaction Type For Sale
Occupant Type Vacant
County Grayson
Property Type Residential
HOA Type None
Full Baths 1
Status Active
Directions GPS Friendly
City Denison
Elementary School Name Houston
High School Denison
Elementary School Houston
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21354567
Standard Status Active
Listing Terms Cash,Conventional,FHA-203K

Interior Features

Interior Features Open Floorplan,Paneling
Flooring Carpet,Laminate
Dining Areas 1
Living Areas 1
Room Count 5
Lock Box Type Combo
Total Bedrooms 3
Total Baths 1

Exterior Features

Exterior Features Covered Patio/Porch
Lot Features Interior Lot,Lrg. Backyard Grass
Garage Length 18
Garage Width 24
Other Structures Garage(s),Workshop w/Electric
Parking Features Additional Parking,Driveway,Garage,Garage Faces Front,Garage Single Door
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Pillar/Post/Pier
Lot Size Area 0.3440
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 14984.6400
Lot Size Acres 0.3440
Patio And Porch Features Covered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75020

Price
AVG $360K
$140K
Taxes
AVG $5,972
$2,877
Year Built
AVG 1972
1900
Visits
AVG 253
79
Data Provided by Inside Real Estate®

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