TX
Grayson
Denison
75020
500-502 Owings Street
500-502 Owings Street, Denison, TX 75020
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Listing Type
Multi Family
Listing Status
Active
29
$500,000

Home Details for 500-502 Owings Street

Price
$500,000
Type
Residential Income
Bedrooms
6
Bathrooms
6.0
Square feet
NaN
Year built
2021
Lot size acres
0.17
County
Grayson
Garage
4
Days on site
2
MLS Listing#
21145741
Property Description

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.

Property Features
  • Parking
    • Additional Parking
    • Driveway
    • Garage
    • Garage Door Opener
    • Garage Faces Side
    • Attached
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
    • Heat Pump
  • Heating Information
    • Exhaust Fan
    • Central
    • Electric
    • Heat Pump
  • Water Features
    • Public
  • House Interior
    • High Speed Internet
  • Utilities
    • Cable Available
  • Garage
    • 1
School Information
School Information for 500-502 Owings Street, Denison, TX 75020
Elementary School
Terrell
Middle School
Henry Scott
High School
Denison
Listing Courtesy: EXP REALTY - 888-519-7431
Presented by: Philip Martin
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-01-08 16:32:45
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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