This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/29
$500,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/29
Property Description
Turn-key income-producing duplex in a high-demand downtown location with a proven history of minimal vacancy and premium rent pricing. This low-maintenance property offers an ideal opportunity for investors seeking stable cash flow in a market with strong tenant demand for both short and long term. Each unit features a well-designed 3-bedroom, 2.5-bath layout with an attached 2-car garage, a rare and highly desirable amenity that supports higher rental rates. The design maximizes tenant privacy with the only shared wall located at the garage and entrances on opposite ends-helping reduce tenant turnover and increase long-term retention. Interior features include a first-floor primary suite, additional flex spaces ideal for home offices, raised ceilings, granite countertops, stainless steel appliances, luxury vinyl flooring throughout, designer finishes, separate utility room and full blinds package. Energy-efficient foam insulation keeps operating costs low while maintaining tenant comfort. Outdoor amenities include a covered porch and patio, fenced courtyard, and park-facing views, adding lifestyle appeal in an urban setting. The property's walkable location to historic downtown Denison, restaurants, grocery stores, festivals, and major employers drives consistent demand. Centrally located near Texoma Medical Center, Sherman, Lake Texoma, and Choctaw Casino. With strong rental demand, low operating expenses, and an excellent location, this property is well-suited for both long-term hold investors and those seeking a high-quality asset in a growth corridor. A rare opportunity to acquire a low-maintenance duplex in an area where rental inventory is limited and demand remains strong.
Full Property Details
Full Property Details for 500-502 Owings St
General
- Price: $500,000
- Taxes: $8,726
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21145741
- Updated: 1/8/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: High Speed Internet, Cable TV, Wired for Sound
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Front Porch, Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 4
- Parking Features: Additional Parking, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side
Location
- County: Grayson
- Subdivision: Stevens Addition
- Driving Directions: GPS
School Information
- Elem School District: Denison ISD
- Midd School District: Denison ISD
- High School District: Denison ISD
- Elementary School: Terrell
- Middle School: Henry Scott
- High School: Denison
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Heat Pump
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Frame, Wood Siding
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,038
- Sq. Ft. Source: Assessor
- Year Built: 2021
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Dimensions: 50 x 117
- Sidewalks: Yes
- Lot Features: Corner Lot, Few Trees
- Fencing (Description): Wood
Green Features
- Energy Efficient: Appliances, HVAC, Insulation, Thermostat, Windows
Financial Considerations
- Tax Amount: $8,726
- Terms: Cash, Conventional
Disclosures and Reports
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: TBD
- Block: 21
- Lot Number: 1
Listed by Exp Realty, Philip Martin
Get Pre-Approved Today
Schools
Schools serving 500-502 Owings St
School District:Denison Independent School District
| Name | Grades | Distance |
|---|---|---|
Terrell Elementary School 230 Martin Luther King Street, Denison, TX 75020 | PK-4 | 0.8 mi |
Henry Scott Middle 1901 South Mirick Avenue, Denison, TX 75020 | 7-8 | 1.1 mi |
Denison High School 4200 Texas 91, Denison, TX 75020 | 9-12 | 2.8 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 500-502 Owings St
Date
Details
Price
Change
Source
1/08/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500-502 Owings St
500-502 Owings Street, Denison, TX 75020 (MLS# 21145741) is a Duplex property with 6 bedrooms, 4 full bathrooms and 2 partial bathrooms. 500-502 Owings Street is currently listed for $500,000 and was received on January 08, 2026. Want to learn more about 500-502 Owings Street? Do you have questions about finding other Duplex real estate for sale in Denison? You can browse all Denison real estate or contact a Coldwell Banker agent to request more information.

