617 West Gandy Street

Denison, TX 75020

$400,000
Price
6
Beds
5
Baths
3,838 Sq. Ft.
$104 / Sq. Ft.
3,838
Sq. Ft.
$104
per Sq. Ft.

Description

Unit 1 is downstairs to the left a Two-bedroom one bathroom unit. Unit 2 downstairs to the right is a one bedroom and one-bathroom. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater. Unit 4 upstairs to the right is a one bedroom one-bathroom unit. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window...Unit 1 is downstairs to the left a Two-bedroom one bathroom unit. Unit 2 downstairs to the right is a one bedroom and one-bathroom. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater. Unit 4 upstairs to the right is a one bedroom one-bathroom unit. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years. Roof is about 4 years old. Owner will finance at 7.5 % interest over 20 years with min 25% downpayment. Monthly payment $2416 add Insurance and Property Tax about $500 PM Income $3500 PM leaves about $500 a month net or a Cap Rate of 8%
  1. Listed by Colin Rosenthal • TREC #0540061 • DFW Metro Housing • 972-625-2612

Property Details for 617 West Gandy Street

Subdivision Name
Millers 1st Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
4
LISTING UPDATED: 11/05/2024 09:13 AM

Property Details for 617 West Gandy Street

StatusActive
MLS #20716828
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1890
Lot Size0.17 AC / 7,492 SF
CountyGrayson County

Building Information for 617 West Gandy Street

Stories2Residences4Year Built1890Building Size-Lot Size0.17 AC / 7,492 SF

Property Information for 617 West Gandy Street

Summary
Location and General Information
  • Block: 10
  • Complex Name: 617 W Gandy
  • Directions: Austin west to Gandy to 617W Gandy (Large Grey House)
  • Elementary School: Lamar
  • Elementary School Name: Lamar
  • High School: Denison
  • High School Name: Denison
  • Intermediate School: Mcdaniel
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Denison ISD
  • Geocode Confidence: High
  • Latitude: 33.76
  • Longitude: -96.54
  • State: Texas
Parking
  • Parking Features: Common, On Street
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: MILLERS 1ST ADDN, BLOCK 10, LOT 10, ACRES .17
  • Association Type: None
  • Tax Lot: 10
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Heating: Central, Space Heater
  • Interior Features: Other
  • Appliances: Gas Range, Refrigerator, None
  • Cooling: Central Air, Wall/Window Unit(s), Window Unit(s)
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Siding, Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Accessory Unit: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • 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: 142943
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 8.75%
  • Gross Annual Expenses: $3,800
  • Gross Annual Income: $42,000
  • Insurance Expense: $3,200
  • Tenancy: No Smoking, Over 9 Months
  • Total Annual Expenses Include: Insurance, New Tax, Pest Control
  • Net Operation Income: $35,000.00
Unit 1
  • Approximate SQFT: 1000.0
  • Average Lease Amount: $1,000.00
  • Kitchen Length: 10.0
  • Kitchen Width: 14.0
  • Living Area Length: 16.0
  • Living Area Width: 16.0
  • Master Bed Length: 16.0
  • Master Bed Width: 16.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 750.0
  • Average Lease Amount: $750.00
  • Kitchen Length: 10.0
  • Kitchen Width: 10.0
  • Living Area Length: 16.0
  • Living Area Width: 16.0
  • Master Bed Length: 16.0
  • Master Bed Width: 16.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 2
Unit 3
  • Approximate SQFT: 1000.0
  • Average Lease Amount: $1,000.00
  • Kitchen Length: 10.0
  • Kitchen Width: 14.0
  • Living Area Length: 16.0
  • Living Area Width: 16.0
  • Master Bed Length: 16.0
  • Master Bed Width: 16.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 3
Unit 4
  • Approximate SQFT: 750.0
  • Average Lease Amount: $750.00
  • Kitchen Length: 10.0
  • Kitchen Width: 10.0
  • Living Area Length: 16.0
  • Living Area Width: 16.0
  • Master Bed Length: 16.0
  • Master Bed Width: 16.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 4

Property History for 617 West Gandy 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 617 West Gandy Street

Taxable ValueLand$51,000Additions$169,415Total$220,415
Tax Record2022$4,801 ($400 / month)
Home Facts
Total Finished SqFt3,838 SqFtAbove Grade Finished SqFt3,838 SqFtStories2Lot Size7,501 SqFtStyleDuplexYear Built1890CountyGRAYSONAPND016 3116132

Schools near 617 West Gandy Street

This home is within Denison Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Terrell Elementary School
PublicPK to 4

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

617 West Gandy Street is a multi-family home for sale in Denison, TX 75020. This property was listed for sale on August 30, 2024 by DFW Metro Housing, it's currently listed at $400,000. It has been on the market for a total of 84 days and was last sold on November 5, 2013. This listing's school district is Denison Independent School District. Nearby schools include Terrell Elementary School, Henry Scott Middle and Denison High School. 617 West Gandy Street is a 6-bed, 5-bath, 3,838 sqft multi-family home built in 1890.

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 DFW Metro Housing, Colin Rosenthal

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/05/2024 09:13 AM