2 months on rocket

617 W Gandy St, Denison, TX, 75020

$400,000

Home List Price

$4,750*

Closing Credit

6 Bedrooms
5 Full Baths
Multi

Location

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617 W Gandy St, Denison$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCommon, On Street
Year Built1890
HeatingCentral, Space Heater(s)
CoolingCentral Air, Window Unit(s)
MLS #20716828
Lot Size0.17 Acres
StatusActive

About 617 W Gandy St

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%

Property Details

Property Features

Property Information:

  • Year Built: 1890

Listing Office:

  • Office Name: DFW Metro Housing
  • Office Phone: (972) 625-2612
  • Listing Agent: Colin Rosenthal

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Flooring Type: Laminate
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Common, On Street

Virtual/3D Tour

  • Virtual Tour: 617 W Gandy St
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Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Space Heater(s)
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: Austin west to Gandy to 617W Gandy (Large Grey House)

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000

Tax Information:

  • Annual Amount: $3,632
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Denison, TX.

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Denison, TX

City

Med. List Price

$256.1K

Med. Price/SqFt

$175

Avg. Days On Market

80

# of Sold Homes

43

617 W Gandy St vs Denison

83 DAYS ON ROCKET

+3 Days

$400,000

+$143.8K More

KEY TAKEAWAY

This property is $143.8K more than the Median List Price in Denison, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20716828

Listing Office:

  • Office Name: DFW Metro Housing
  • Office Phone: (972) 625-2612
  • Listing Agent: Colin Rosenthal

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,632$149,408
2020$3,631$144,004
2019$3,897$156,758
2018$3,898$141,648
2017$3,476$125,289

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-543381
3
/10

  • Terrell Elementary School

  • 230 Martin Luther King St

  • 0.57 miles

  • Public District Grades PK-4

school-card-donut-543382
5
/10

  • Houston Elementary School

  • 1100 W Morgan St

  • 0.64 miles

  • Public District Grades PK-4

school-card-donut-543383
5
/10

  • Lamar Elementary School

  • 1000 S 5th Ave

  • 1.19 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,023. The most common annual income of people living in Denison, TX is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Grayson County›Denison›75020›617 W Gandy St

This home is located at 617 W Gandy St in Denison, TX and zip code 75020. This home, which was built in 1890, sits on a 0.17 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $400,000.

In October 2024 in Denison, TX there were 14.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 80 days, the median list price was $256,119.

From Rocket Homes Real Estate and based on county public records data.

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