tomo logo

$259,900

Beds
3
Baths
2.0
sq ft
1,264

1116 S 6th Ave, Denison, TX 75021

1116 S 6th Ave

Denison, TX 75021

  • 135 days on market
    • Price drop $15,100↓
Versatile Investment or Owner-Occupied Home This charming 3-bedroom, 2-bathroom home on a desirable corner lot in Denison, TX, features modern finishes, an open floor plan, granite countertops, and a fenced yard. With easy highway access, it’s perfect for commuting. Currently tenant-occupied, the home provides immediate rental income but could also be delivered vacant for those looking to make it their own. Whether you’re seeking an investment opportunity or a place to call home, this property offers the best of both worlds in a thriving community. Photos show the home's condition before tenant occupancy.

Details

Property type

Single Family Residence

Est. home value

$163,209

Property condition

New Construction

Lot size

4,530.24 sq ft

Price per sq ft

$206

Year built

2023

Price History

08/23/2024
NTREIS

NTREIS #20671630

Price change
$259,900
-5.49%
07/11/2024
NTREIS

NTREIS #20671630

Listed
$275,000

Schools & Community

Elementary school: 

Lamar

Middle school: 

Henry Scott

High school: 

Denison

School district: 

Denison ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First United Bank & Trust Co

Loan start date

October 2023

Original loan amount

$164,000

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Commercial

Seller

Burton Lidder Developments and Sandeep Lidder

Lender

First United Bank & Trust Co

Loan start date

March 2023

Original loan amount

$20,000

Est. remaining balance

Not provided

Interest rate

6.09%

Loan type

Building or Construction Loan

Seller

Burton Lidder Developments

Lender

First United Bank & Trust Co

Loan start date

July 2022

Original loan amount

$144,000

Est. remaining balance

Not provided

Interest rate

4.04%

Loan type

Commercial

Seller

Burton Lidder Developments and Sandeep Lidder

Lender

First United Bank & Trust Co

Loan start date

July 2022

Original loan amount

$144,000

Est. remaining balance

Not provided

Interest rate

5.09%

Loan type

Building or Construction Loan

Seller

Burton Lidder Developments

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

NTREIS
$265,000
3 bd
|
2 ba
|
1,340 sq ft
|
House

415 E Monterey St, Denison, TX 75021

Price drop
NTREIS
$250,000
3 bd
|
2 ba
|
1,350 sq ft
|
House

729 E Sears St, Denison, TX 75021

Price drop
NTREIS
$250,000
3 bd
|
2 ba
|
1,314 sq ft
|
House

705 E Hanna St, Denison, TX 75021

Status: Active

Tomo last checked: 11/23/2024 at 10:35 PM

Listing updated: 08/23/2024 at 6:29 PM

Listed by: Renee Nichols, Sunrise Real Estate Phone #: (903) 818-1645

MLS: NTREIS #20671630

NTREIS logo

Recently listed in Denison

$523,347|4 bd|4.0 ba|House
$398,767|3 bd|2.0 ba|House
$249,900|3 bd|2.0 ba|House
$2,000,000|4 bd|7.0 ba|House
$244,900|4 bd|2.0 ba|House
$849,000|3 bd|3.0 ba|House
$164,900|3 bd|1.0 ba|House
$348,900|3 bd|3.0 ba|House