Denison TX Denison TX Denison TX Denison TX Denison TX Denison TX Denison TX Denison TX Denison TX

Denison TX

Investment opportunities.

Investor or DIY Opportunity: 2-Bedroom, 1-Bath Mobile Home on a 0.3-Acre Lot This property offers significant potential for investors or do-it-yourself enthusiasts. The 2-bedroom, 1-bath mobile home is situated on a spacious 0.3-acre lot, providing ample space for expansion or outdoor activities. It’s an ideal project for those looking to renovate and either rent it out or occupy it themselves to save on housing costs. The property already has key upgrades, including new electrical, plumbing, and subflooring, saving you time and effort in the renovation process. Located in a rare, serene area, the lot is surrounded by mature trees, offering a cool, shaded environment during the summer and a peaceful natural setting. This mobile home presents a tremendous opportunity for those with a vision. With some additional TLC, it could provide years of enjoyment or generate rental income. The property is being sold As-Is, and we encourage agents and buyers to verify all information. Property Details: 800 sq. ft. mobile home 0.3-acre lot with creek access along the western boundary Potential rental income of $1,150/month or retail resale for a competitive price Market Insights for Denison, TX: Denison, TX, has experienced substantial property value growth in recent years. For example, an investment I helped facilitate in 2019, where a single-family home was purchased for $120,000, was sold for $200,000 in 2022. Today, the market price for similar homes in the area is approximately $220,000, reflecting a remarkable 83% increase in value over 5 years (or 16% annually). Given the rising costs of construction materials and the limited availability of properties under $150,000, this is an excellent time to invest in affordable properties in Denison. The demand for homes in this price range is strong, making this mobile home an attractive opportunity for buyers seeking affordable housing options. Additionally, this property is well-suited for a retired couple or anyone seeking a cozy, peaceful retreat. The large lot provides ample parking and space for outdoor activities, while the surrounding trees create a cool and comfortable living environment. Interested in learning more? Please contact me for further details

Price: $70000.00
Beds: 2.0
Baths: 1.0
Garage: 0.0
SqFt: 800.00
Year Built: None
Construction Status: under_construction
Pets Allowed: Yes