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500-502 Owings Street
Denison TX 75020 US

$500,000

Active Listing ID 21145741
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6 bed
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6.00 Bath (4 Full , 2 Half)
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Lot: 0.17 Acres
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Duplex

$500,000

Active Listing ID 21145741
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500-502 Owings Street 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 2
  • Cooling System: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Exterior Finish: Covered Patio/Porch, Rain Gutters, Fence
  • Floor Covering: Carpet, Tile, Tile - Ceramic, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Central, Electric (Heating), Heat Pump (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Terrell(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 500000
  • unparsedaddress: 500-502 Owings Street
  • postalcity: Denison
  • stateorprovince: TX
  • country: US
  • postalcode: 75020
  • bathroomsfull: 4
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.752456
  • longitude: -96.541869
  • listagentfullname: Philip Martin
  • listagentemail: philm@martinht.com
  • listagentkey: 3yd-NTREIS-0635201
  • listagentmlsid: 0635201
  • listagentpreferredphone: 8885197431
  • listagentofficephone: 8885197431
  • listofficekey: 3yd-NTREIS-PXE01C
  • listagentstatelicense: 0635201
  • listofficemlsid: PXE01C
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2021
  • listagenturl: https://www.SearchTexasHomes.com
  • countyorparish: Grayson
  • parcelnumber: TBD
  • elementaryschool: Terrell
  • appliances: Dishwasher, Garbage Disposer, Microwave, Range, Washer
  • cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • constructionmaterials: Frame
  • flooring: Carpet, Tile, Tile - Ceramic, Vinyl
  • heating: Central, Electric (Heating), Heat Pump (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Driveway, Garage
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: Cable Tv Available, Flat Screen Wiring, High Speed Internet Available
  • exteriorfeatures: Covered Patio/Porch, Rain Gutters, Fence
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • utilities: Cable Available
  • patioandporchfeatures: Patio, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.54187, 33.752457
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"philm@martinht.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NTREIS/a4df6be1390711e89ce40242ac110004/20250408191556947.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(888) 519-7431", "ListBrokeragePostalCode":"78759", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 150W", "ListBrokerageUnparsedAddress":"9600 Great Hills Trail", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"5605 N MacArthur Blvd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0508111", "ListOfficeCity":"Irving", "ListOfficeCountry":"US", "ListOfficeEmail":"Listhub@exprealty.com", "ListOfficePostalCode":"75038", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Duplex - Denison, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/500-502-Owings-St_Denison_TX_75020_M98878-16125?f=listhub&s=NTREIS&m=21145741&c=rexren", "MLSModificationTimestamp":"2026-01-08T16:10:41Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/9/2026 2:39:24 AM GMT
Source Updated Date: 1/16/2026 12:55:13 PM GMT

Courtesy of: Philip Martin, EXP REALTY, philm@martinht.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.