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$450,000 -$25,000 (-5.26%) Price Reduced

  • For Sale
  • Active
  • Commercial Institutional
  • 4,508 Sq. Ft.
  • 0.172 Acres
  • Updated 1 day ago
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This property is currently used to house the Pathways School. The one (1) lot is approximately 50'x150'. With approximately 4,508 s.f., it features three (3) central electric cooling and gas heat units, one (1) mini-split , three (3) multi-toilet half baths, a private half-bath, and a monitored fire alarm system. All city services are available. The current zoning is Multi-Family-1. A survey is NOT Available. It is the sole responsibility of the Buyer to determine the suitability of the property with the City of Denison for any future use, including, but not limited to, the possibility of a specific use permit or rezoning. Possession of the property is anticipated no later than December 31, 2026. A lease-back from the District could be considered for an earlier closing. As required by law, this property must be advertised for sale through a sealed bid process. All new bids must be received by a new date TBD at 1201 S. Rusk Avenue, Denison, Texas, 75020. Local Government Code 272.001 does not require the Board of Trustees to accept any bid or offer. Any and all offers will be reviewed at a date and time TBD, at 1201 S. Rusk Avenue, Denison. Please contact the listing agent for additional information.

Full Property Details for 318 W Morgan St

General

  • Price: $450,000
  • Taxes: $7,621
  • Status: Active
  • Type: Commercial Institutional
  • Source: NTREIS
  • MLS ID: 21222300
  • Updated: 5/28/2026
  • Added to Site: 61 day(s) ago

Business

  • Business Type: Education/School, Other

Interior

  • Flooring: Carpet

Additional Information

  • Security/Safety: Security System, Fire Sprinkler System

Parking

  • Parking Features: Asphalt, Open, On Street

Location

  • County: Grayson
  • Subdivision: Otp Denison
  • Driving Directions: Located just south of Munson Stadium on Morgan Street. Locally know as Pathways School.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, Multi Units, Other
  • Heating Type: Central, Natural Gas, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Overhead Utilities, Phone Available, Sewer Available, Underground Utilities, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Block, Metal Siding
  • Roof: Metal
  • Stories/Levels: 1
  • Square Feet: 4,508
  • Sq. Ft. Source: Assessor
  • Year Built: 1985

Lot Features

  • Lot Size (Acres): 0.172
  • Lot Size (Sq. Ft.): 7,492.32
  • Lot Size Source: Assessor
  • Lot Dimensions: 50' x 150'
  • Frontage: City Street, All Weather Road, Asphalt
  • Sidewalks: Yes
  • Potential Use: Other
  • Zoning: Multi-Family 1

Financial Considerations

  • Tax Amount: $7,621
  • Tenant Pays: Other

Disclosures and Reports

  • Legal Description: OTP DENISON, BLOCK 71, LOT 5, ACRES .1722
  • Exclusions: Access card reader will be removed prior to possession.
  • Inclusions: Land & Improvements
  • Property ID: 146003
  • Block: 71
  • Lot Number: 5

Listed by Paragon, Realtors, NORMAN GORDON

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Listing agent

— 318 W Morgan St —

  • NORMAN GORDON

    Paragon, Realtors

903-893-8174

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 318 W Morgan St

School District:Denison Independent School District
NameGradesDistance
Terrell Elementary School
230 Martin Luther King Street, Denison, TX 75020
PK-40.9 mi
Henry Scott Middle
1901 South Mirick Avenue, Denison, TX 75020
7-81.1 mi
Denison High School
4200 Texas 91, Denison, TX 75020
9-122.9 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 318 W Morgan St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/27/2026
Price Reduced
$450,000
-5.26%
MLS
3/29/2026
Listed
$475,000
—
MLS
Get Price Alerts and Save Property
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 for 318 W Morgan St

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$328,742
-1%
2023
100%
$330,736
-4%
2022
100%
$345,566
63%
2021
100%
$211,610
30%
2020
100%
$162,950
40%
2015
-100%
$116,283
-12%
2018
$3,636
-5%
$132,123
-4%
2017
$3,828
37%
$137,983
38%
2016
$2,798
-6%
$100,011
-5%
2015
$2,982
-9%
$105,551
-15%
2019
$3,289
2%
$124,687
10%
2014
$3,217
-7%
$113,861
-7%
2013
$3,451
—
$122,171
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Paragon, Realtors, NORMAN GORDON

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318 W Morgan Street, Denison, TX 75020 (MLS# 21222300) is a Commercial Institutional property. 318 W Morgan Street is currently listed for $450,000 and was received on March 29, 2026. Want to learn more about 318 W Morgan Street? Do you have questions about finding other Commercial Institutional real estate for sale in Denison? You can browse all Denison real estate or contact a Coldwell Banker agent to request more information.

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