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$289,900 -$10,000 (-3.33%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 4.855 Acres
  • 1 Car Garage
  • Updated 1 day ago
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Property is REO - Bring Your Ideas and Unlock the Potential of This Rare 4.855 Acre Opportunity in Denison! Investor Special! Incredible opportunity to bring this property back to life. This 3-bedroom, 1-bath home includes a living room, dining area, and 1-car garage, providing a solid foundation for a full renovation or complete redesign. Nestled on 5 beautiful acres, the property offers endless potential for expansion, outdoor living, or future development. The home requires a total rehab and is ideal for investors, fix-and-flip projects, or homeowners looking for a rural retreat they can customize from the ground up. Enjoy peaceful country living while still being just a short drive from town amenities. Surrounded by mature trees and open space, this property offers privacy, room to grow, and the freedom to create your vision. Perfect For Investors, Fix & Flip, Rehab Projects and Country Living Enthusiasts. Buyer and buyer's agent to verify all information including schools, measurements, HOA, etc.

Full Property Details for 492 Richerson Rd

General

  • Price: $289,900
  • Taxes: $6,395
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 20940518
  • Updated: 1/14/2026
  • Added to Site: 35 day(s) ago

Interior

  • Interior Features: Cedar Closet(s), Chandelier, Granite Counters, Kitchen Island, Paneling/Wainscoting, Cable TV
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Decorative, Family Room, Living Room, Other
  • Appliances: Electric Cooktop, Electric Oven
  • Flooring: Ceramic Tile, Other

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Common Area, In Kitchen

Exterior

  • Exterior Features: Other, Private Yard
  • Porch/Patio/Deck: Covered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Carports: Yes
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Door-Single, Garage, Outside

Location

  • County: Grayson
  • Subdivision: Y S Dl & Ha Coleman Surv Abs #
  • Driving Directions: Hwy 75 to Denison, spur 503 to Hwy 69 East on 69, North on Bells Blvd., right on Texas Street to FM 1953, right on 1753 to Richerson Road, right on Richerson Road to property on right. House on hill in trees.

School Information

  • Elem School District: Denison ISD
  • Midd School District: Denison ISD
  • High School District: Denison ISD
  • Elementary School: Lamar
  • High School: Denison

Heating & Cooling

  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Community/Coop, Well
  • Well: Yes
  • Cable Available: Yes
  • Utility Description: Septic Available, Water Available, Cable Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: A-Frame, Other, Ranch, Traditional, Detached, Farmhouse
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Frame, Other
  • Stories/Levels: 1
  • Living Area: 1,300 Sq. Ft.
  • Year Built: 1960

Additional Structures

  • Other Structures: Poultry Coop, Shed(s)

Lot Features

  • Lot Size (Acres): 4.855
  • Lot Size (Sq. Ft.): 211,483.8
  • Lot Features: Acreage
  • Fencing (Description): Metal, Partial, Wire

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $6,395
  • Terms: Cash

Disclosures and Reports

  • Legal Description: G-1460 COLEMAN H A & Y S A-G1460, ACRES 4.855
  • Property ID: 113276

Listed by Vylla Home, Karen Peoples

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Listing agent

— 492 Richerson Rd —

  • Karen Peoples

    Vylla Home

214-244-5088

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 492 Richerson Rd

School District:Denison Independent School District
NameGradesDistance
Lamar Elementary School, Denison, TX
1000 South 5th Avenue, Denison, TX 75020
PK-41.6 mi
Henry Scott Middle
1901 South Mirick Avenue, Denison, TX 75020
7-82.5 mi
Denison High School
4200 Texas 91, Denison, TX 75020
9-124.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 492 Richerson Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$289,900
-3.33%
MLS
12/11/2025
Listed
$299,900
—
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 492 Richerson Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,395
4%
$386,144
-2%
2023
$6,177
18%
$396,001
4%
2022
$5,222
—
$381,947
26%
2022
$5,222
39%
$302,232
45%
2021
$3,748
-1%
$208,137
3%
2020
$3,775
47%
$201,345
56%
2019
$2,576
3%
$129,384
10%
2018
$2,498
9%
$117,622
10%
2017
$2,295
9%
$106,929
10%
2016
$2,100
2%
$97,208
3%
2015
$2,054
7%
$94,294
7%
2014
$1,928
10%
$88,507
10%
2013
$1,753
—
$80,461
—
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.

Estimate the Cost for 492 Richerson Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Vylla Home, Karen Peoples

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492 Richerson Road, Denison, TX 75021 (MLS# 20940518) is a Single Family property with 3 bedrooms and 1 full bathroom. 492 Richerson Road is currently listed for $289,900 and was received on December 11, 2025. Want to learn more about 492 Richerson Road? Do you have questions about finding other Single Family 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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