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$875,000 Just Listed
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Property Description
Prime investment opportunity with excellent visibility on S. Austin Avenue, just minutes from Downtown Denison! This income-producing property features a leased restaurant offering Vietnamese cuisine plus a separate updated 2-bedroom, 1.5-bath residence, also leased-providing two potential income streams. Recent improvements include a new TPO roof, new grease trap, and updated plumbing. Situated on approximately 0.32 acres with ample parking and Commercial-Residential zoning. Ideal for an investor or owner-user looking for a versatile property with established rental income and a high-visibility location. Don't miss this unique commercial + residential opportunity!
Full Property Details
Full Property Details for 1018 S Austin Ave
General
- Price: $875,000
- Taxes: $6,980
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21354173
- Updated: 8/11/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Restaurant
Interior
- Flooring: Engineered Hardwood, Tile
Additional Information
- Security/Safety: Security System, Fire Alarm, Security Lights
Parking
- Parking Features: Additional Parking, Asphalt
Location
- County: Grayson
- Subdivision: Dumas J P Add
- Driving Directions: GPS, 1018 S AUSTIN AVENUE, DENISON, TX
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Frame
- Roof: Flat, Other
- Stories/Levels: 2
- Square Feet: 2,601
- Sq. Ft. Source: Assessor
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939.2
- Lot Size Source: Assessor
- Frontage: City Street, Asphalt
- Topography: Level
- Lot Features: Corner Lot, Flat
- Potential Use: Restaurant
- Zoning: Commercial and Residential
Financial Considerations
- Tax Amount: $6,980
- Terms: Cash, Conventional, Contract
- Owner Pays: Insurance, Taxes
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: DUMAS J P ADDN, BLOCK 20, LOT 10 & PT 9, ACRE
- Inclusions: Land & Improvements
- Disclosures/Rstr.: Other
- Property ID: 147119
- Block: 20
- Lot Number: 10
Listed by C-21 Dean Gilbert, Realtors, Houston Stanley
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Schools
Schools serving 1018 S Austin Ave
School District:Denison Independent School District
| Name | Grades | Distance |
|---|---|---|
Lamar Elementary School, Denison, TX 1000 South 5th Avenue, Denison, TX 75020 | PK-4 | 0.5 mi |
Henry Scott Middle 1901 South Mirick Avenue, Denison, TX 75020 | 7-8 | 0.8 mi |
Denison High School 4200 Texas 91, Denison, TX 75020 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1018 S Austin Ave
Date
Details
Price
Change
Source
8/11/2026
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1018 S Austin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,996
3%
$301,111
—
2023
$6,822
14%
$301,111
—
2022
$5,983
—
$301,111
20%
2022
$5,983
43%
$251,800
47%
2021
$4,196
-7%
$171,370
-4%
2020
$4,490
-3%
$178,038
6%
2018
$4,620
-3%
$167,912
-2%
2017
$4,746
-3%
$171,076
-2%
2016
$4,885
—
$174,605
1%
2015
$4,904
9%
$173,597
2%
2019
$4,497
-11%
$170,475
-5%
2014
$5,043
-4%
$178,508
-4%
2013
$5,233
—
$185,227
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1018 S Austin Ave
1018 S Austin Avenue, Denison, TX 75020 (MLS# 21354173) is a Business property. 1018 S Austin Avenue is currently listed for $875,000 and was received on August 11, 2026. Want to learn more about 1018 S Austin Avenue? Do you have questions about finding other Business real estate for sale in Denison? You can browse all Denison real estate or contact a Coldwell Banker agent to request more information.

