Active

4931 Texoma Parkway

Denison TX, 75090

$1,485,000


$217.42 per sqft

Active

6,830 sqft

Condo

Built in 1950

Marvin Gardens is 26-unit Multifamily property with 100% occupancy and wait list. This Multifamily property is located in the booming Denison, Sherman market. Investor GEM in a high growth location and will provide high cash flow. 20x efficiency units, 3x - 1 bedroom, and 1x - 2 bedrooms, 2 Commercial Metal buildings and 7 storage units. Total of 26 units with 100% occupancy. All bills paid property with on-site Property manager. There are 3 single family home on the adjacent lots that are also available for sale.

Texas Instruments is building $30B fab in Sherman and more future jobs in the area. 40 mins drive from NE Dallas fastest growing suburbs - Frisco and McKinney. A great cash flow investment opportunity in Denison, Sherman market. Pro-forma and Current Financials available on request. Please do NOT disturb tenants or management.

20675644

MLS ID

August 23, 2024

Updated

Map

4931 Texoma Parkway
Denison TX, 75090

Interior Features

Total Stories

1


Interior Features

Other


Appliances

Electric Cooktop


Floor Description

Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

1.7 Acres


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Denison ISD


High School

Denison


Elementary School

Hyde Park

Other Property Details

Taxes

$9,541


Tax Frequency

Annually


Days on Market

32


Garage

No


Parking

Common, Gravel


Parking Total

35


View

No


County

Grayson


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

8/17/2024

Price change

$1,485,000

-5%

Listed by Vic Reddy Pasham with Colleen Frost Real Estate Serv
Listing Contact: 469-280-0008 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 8/23/2024 at 6:06 PM UTC

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