TX
Grayson
Denison
75020
500-502 W Owings Street
500-502 W Owings Street, Denison, TX 75020
Share Listing
Listing Type
Single Family
Listing Status
Active
28
$500,000

Home Details for 500-502 W Owings Street

Price
$500,000
Type
Residential
Bedrooms
6
Bathrooms
6.0
Square feet
3038
Year built
2021
Lot size acres
0.17
County
Grayson
Total rooms
9
Garage
4
Days on site
2
MLS Listing#
21145822
Property Description

Unique and Rare Opportunity-Ideal for an owner-occupant looking to live comfortably in one side and collect premium rent as the landlord of the other in this beautiful duplex in Historic Denison, TX. Unit 500 is available to the new owner. 502 is occupied by a long range tenant. Situated in a highly sought after location, each unit of this thoughtfully designed duplex is 3-bedroom, 2.5-bath, 1,505sf, with an attached 2-car garage. This property qualifies for FHA & VA owner-occupant financing, making it an excellent option for first-time homebuyers or those on fixed income seeking a smart way to reduce housing costs while building long-term wealth through real estate. Designed for privacy and low-maintenance living, the duplex lives more like a single-family home with the only shared wall located at the garage. Front entrances are positioned on opposite ends of the property. The primary bedroom is conveniently located on the first floor, along with a utility room, half bath, and flexible office or bonus space. Upstairs features two additional bedrooms, a full bath, and a second flex area—perfect for a study, play area, or home office. High-end finishes include raised ceilings, granite countertops, stainless steel appliances, luxury vinyl flooring throughout, designer color selections, foam insulation for maximum efficiency, and a full blinds package. Enjoy outdoor living with a covered patio, privacy fenced courtyard, and views of a charming downtown park. Located within walking distance to historic downtown Denison, restaurants, grocery stores, and year-round events, this property benefits from a high-demand rental market, minimal vacancy, and premium rent pricing. Just minutes from Texoma Medical Center, Sherman, Lake Texoma, and Choctaw Casino, with convenient access to McKinney. Whether you’re purchasing your first home, your first investment, or both at the same time, this is a smart owner-occupant opportunity in a location where properties rarely stay vacant.

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 W 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 16:32:43
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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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