Selected for the Terner Labs Housing Venture Lab

600 E Washington Street, Denison, TX 75021

Active
Listed 58 days ago
Owner-Occupant Eligible
$390,000

About $2,265 a month to live here, after the rent from the other home.

House + ADU2,148 sqft3 beds2 bathsListed Sep 15, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$2,265a month

The second home on the lot rents for $800. We hold back $156 of that for repairs and an empty month, and the rest goes toward a $2,909 monthly payment.

Income to qualify: about $74,000 a year

With how much down?

At 20% down ($78,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $51,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$11,700 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

A rare 14.6-acre opportunity in the city limits of Denison offering both current agricultural use and proposed single-family residential zoning with the city. Ideal property for investors, developers, or anyone wanting to hold income-producing land while the Denison future takes shape. Surrounded by mature trees and wide-open spaces, this acreage includes a private pond, multiple homes, and a barn or shop ready for immediate use. The main home sits near the front of the property and needs repair, giving new owners the freedom to restore or replace it with a vision that fits the land’s full potential. A separate casita home is currently occupied, allowing for steady rental income or use as a caretaker’s residence. The barn-shop provides practical storage and workspace for equipment, livestock, or hobby projects, and could easily support ongoing agricultural operations. For developers, the groundwork is already in motion with the city’s proposed zoning for residential use. For investors, the land’s flexibility makes it a strong short- and long-term hold—rent out the homes for cash flow while planning future development, or lease the land for agricultural use to keep it income-producing with minimal oversight. The property’s natural beauty is undeniable: scattered trees, open pastures, and a tranquil pond offer a setting that feels private yet connected. With ample road frontage and easy access to nearby city utilities and infrastructure, this tract holds exceptional potential for either a rural homestead, small subdivision, or multi-use investment. A property that delivers what North Texas buyers are searching for—usable acreage, income potential, and the kind of versatility that’s getting harder to find near growing Denison.

House + ADU

Property Type

635,976 sqft

Lot Size

1918

Year Built

Listing Date: 09/15/2026

Listed by: Scott Wandell

Listing office: EXP REALTY

Source: NTREIS #21387605

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$390,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$390,000
Your Down Payment$78,000
Financed$312,000
Estimated Monthly Payment$2,909

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($78,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,909/month
Principal + Interest
$1,871
Property Taxes
$595
Home Insurance
$443
Rental Income (1 Unit)
$800/month

From market rates for this unit's size.

Rental Expenses
-$156
Cost to live here
$2,265/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

NTREIS logo

MLS# 21387605 · Listing office: EXP REALTY

The 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.