520 West Murray Street

Denison, TX 75020

$109,900
Price
Beds
1,209 Sq. Ft.
$91 / Sq. Ft.
1,209
Sq. Ft.
$91
per Sq. Ft.

Description

This duplex, 520 and 520.5 W Murray St. in Denison, offers two cozy units, each featuring 1 bedroom and 1 bathroom, making it an excellent investment or a perfect choice for someone seeking a small, manageable living space with rental income potential. The back unit includes a carport, providing convenient covered parking for residents. Each unit is designed for comfort with a simple, functional layout that maximizes space. Located in a quiet neighborhood, this property is sold as-is, offering a...This duplex, 520 and 520.5 W Murray St. in Denison, offers two cozy units, each featuring 1 bedroom and 1 bathroom, making it an excellent investment or a perfect choice for someone seeking a small, manageable living space with rental income potential. The back unit includes a carport, providing convenient covered parking for residents. Each unit is designed for comfort with a simple, functional layout that maximizes space. Located in a quiet neighborhood, this property is sold as-is, offering a great opportunity for those looking to renovate and customize the space to their liking. Whether you're an investor looking to add to your portfolio or a first-time buyer seeking an affordable entry into homeownership, this duplex is worth a look. One unit is currently vacant. The other is on a month to month lease at $700. If you'd prefer, this property could be turned into a 3 bedroom, 2 bath home. Don’t miss out on this chance to own a versatile property in Denison, Texas!
  1. Listed by Jeff Ringnald • TREC #0414860 • JM Rings Management, LLC • 214-427-5050

Property Details for 520 West Murray Street

Subdivision Name
Munson T V Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
4
LISTING UPDATED: 08/26/2024 07:55 AM

Property Details for 520 West Murray Street

StatusActive
MLS #20712431
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1930
Lot Size0.17 AC / 7,492 SF
CountyGrayson County

Building Information for 520 West Murray Street

Stories1Residences2Year Built1930Building Size-Lot Size0.17 AC / 7,492 SF

Property Information for 520 West Murray Street

Summary
Location and General Information
  • Block: 5
  • Complex Name: NA
  • Directions: From Armstrong Ave go East on Murray.
  • High School: Denison
  • High School Name: Denison
  • Intermediate School: Mcdaniel
  • Middle School: Henry Scott
  • Year Built Details: Preowned
  • School District: Denison ISD
  • Geocode Confidence: High
  • Latitude: 33.74
  • Longitude: -96.54
  • State: Texas
Parking
  • Parking Features: Attached Carport, Driveway
  • Carport Spaces: 1
  • Parking Spaces Covered Total: 1
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: MUNSON T V ADDN, BLOCK 5, LOT 6
  • Association Type: None
  • Tax Lot: 6
Interior and Exterior Features
Interior Features
  • Flooring: Laminate, Tile
  • Heating: Central
  • Interior Features: Other
  • Appliances: Electric Range
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Frame
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: All Weather Road, Cable Available, City Sewer, City Water
Property and Assessments
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.172
  • Lot Size Area: 0.172
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7492.32
  • Multi Parcel ID: No
  • Parcel Number: 147454
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 11.01%
  • Gross Annual Expenses: $3,500
  • Gross Annual Income: $15,600
  • Insurance Expense: $1,000
  • Net Operation Income: $12,100.00
Unit 1
  • Approximate SQFT: 609.0
  • Average Lease Amount: $700.00
  • Dining Area Length: 1.0
  • Dining Area Width: 1.0
  • Kitchen Length: 1.0
  • Kitchen Width: 1.0
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Master Bed Length: 1.0
  • Master Bed Width: 1.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 600.0
  • Average Lease Amount: $600.00
  • Dining Area Length: 1.0
  • Dining Area Width: 1.0
  • Kitchen Length: 1.0
  • Kitchen Width: 1.0
  • Living Area Length: 1.0
  • Living Area Width: 1.0
  • Master Bed Length: 1.0
  • Master Bed Width: 1.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 2
Unit 3
  • Living Area Length: 1.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Living Area Length: 1.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 2

Property History for 520 West Murray Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 West Murray Street

Taxable ValueLand$48,000Additions$49,743Total$97,743
Tax Record2022$2,072 ($173 / month)
Home Facts
Total Finished SqFt1,209 SqFtAbove Grade Finished SqFt1,209 SqFtLot Size7,501 SqFtStyleDuplexYear Built1930CountyGRAYSONAPND030 3121032

Schools near 520 West Murray Street

This home is within Denison Independent School District.
Rating
School
Type
Grades
Distance
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
B Mcdaniel Intermediate School
Public5 to 6

Henry Scott Middle
Public7 to 8

Denison High School
Public9 to 12

Pathways High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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520 West Murray Street is a multi-family home for sale in Denison, TX 75020. This property was listed for sale on August 25, 2024 by JM Rings Management, LLC, it's currently listed at $109,900. It has been on the market for a total of 78 days and was last sold on November 18, 2022. This listing's school district is Denison Independent School District. Nearby schools include B Mcdaniel Intermediate School, Henry Scott Middle and Denison High School. 520 West Murray Street is a 0-bed, 0-bath, 1,209 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JM Rings Management, LLC, Jeff Ringnald

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