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617 W Gandy Street

Denison, Texas 75020
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Bed 6

Bed

Bath 5

Bath

Acres0.17

Acre(Lot)

Unit 1 is downstairs to the left a Two-bedroom one bathroom unit $1000 PM. Unit 2 downstairs to the right is a one bedroom and one-bathroom $850 PM. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater $1100 PM. Unit 4 upstairs to the right is a one bedroom one-bathroom unit $850 PM. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show t he renovation of each unit in the past 4 years. Roof is about 6 years old. Owner will finance at 8.5 % interest over 30 years with min 25% downpayment. Monthly payment $2306 + Insurance $250 PM + Property Tax = $3025 Per month payment Total income is $3800 per month leaves a net income of about $775 a month net or a Cap Rate of 7.75%

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Detail Ic Property Details

Property Type : Residential Income

Price : $399,000

AD Id : 76720715

MLS Id : 555986987

Beds : 6

Lot Size : 0.17 Acre

Year Built : 1890

County : Grayson

Subdivision: Millers 1st Add

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 5 Full Baths: 5 Half Baths: 0
  • Interior Features

    Other

    Appliances

    Gas Range,Refrigerator,None

    Utilities

    City Sewer,City Water
  • Cooling Features

    Central Air,Wall/Window Unit(s),Window Unit(s)

    Heating Source

    Central,Space Heater

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1890 Building Area Total: 3,838 Construction: Siding,Vinyl Siding Roof Type: Composition
  • Foundation

    Pillar/Post/Pier

    Security Features

    Carbon Monoxide Detector(s),Smoke Detector(s)
  • Construction Materials

    Siding,Vinyl Siding

  • Lot Information

    Lot Size (Acr): 0.1720 Lot Size Units: Acres Lot Size Square Feet: 7,492
  • Property Information

    Property Type: Residential Income Property Sub Type: Quadruplex Subdivision: Millers 1st Add City: Denison State: Texas Directions: Austin west to Gandy to 617W Gandy (Large Grey House) Property Status: Active Levels: Two Property Age: 136 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $399,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 142943 Tax Block: 10 Tax Legal Description: MILLERS 1ST ADDN, BLOCK 10, LOT 10, ACRES .17 Tax Lot: 10 Unexempt Taxes: $3,658

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking: 4 Parking Features: Common,On Street
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Lamar High School: Denison Intermediate School: Mcdaniel School District: Denison ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/10/2026 @ 16:56

MLS: 555986987 LISTED BY: Colin Rosenthal, DFW Metro Housing 214-704-4005 SOURCE: NTREIS - North Texas Real Estate Information

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