A fourplex. Live in one home and rent out the other three. How it works
Live here for about
We are still working out the rent on this one.
Income to qualify: about $54,000 a year
With how much down?
At 20% down ($39,800) 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 $26,000 of it. See the ten-year math
No rent is counted for this home yet, so the cost to live here is the whole loan payment, taxes, insurance and any dues. Income to qualify uses a 43% debt-to-income limit and none of your other debts.
$9,950 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
Investor opportunity at 406 W Morgan Street in Denison! Offered AS-IS, with the existing building taken down to the studs for a four-unit residential conversion. Seller reports that the full architectural plan set and required permits are approved, with the project ready to begin renovation. Bring your contractor and execute the approved plans, or ask about an introduction to the contractor who has provided an approximately $250,000 proposal to complete the conversion. Construction is NOT included in the purchase price, and use of the seller's contractor is optional. Buyer to independently confirm contractor scope, pricing and availability, permit validity and transfer requirements, zoning, dimensions, and all requirements for completion and occupancy. This is an unfinished renovation project, not a completed or currently rentable fourplex. Any images identified as conceptual renderings show proposed improvements, not current condition; final finishes may vary.
Quadplex
Property Type
14,985 sqft
Lot Size
1980
Year Built
Listing Date: 09/23/2026
Listed by: Nir Sheinbein
Listing office: Texas Ally Real Estate Group
Source: NTREIS #21394114
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
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.
Change your offer and watch the monthly cost move.
Purchase Price
List Price
How much do you want to put down?
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.
Estimate at 20% down ($39,800) and 6.0%, 30-year fixed. Your rate and down payment change this.
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
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.
MLS# 21394114 · Listing office: Texas Ally Real Estate Group
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.
At 20% down, 30-year fixed. From 3.5% down.
At 20% down, 30-year fixed. From 3% down.
At 20% down, 30-year fixed. From 3.5% down.
At 20% down, 30-year fixed. From 5% down.