121 S Austin Avenue, Denison, TX 75020
SINGLE_FAMILY - Denison, TX
- Added:
- Mar 11, 2026
- Days on Market:
- 92
- Last Refresh:
- Jun 10 at 4:06 am
Property Features for 121 S Austin Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- 143168
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Description
- OTP DENISON, BLOCK 52, LOT S 100FT 31 & 32, A
- Tax Annual Amount
- 5727
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick, Block
- Roof type
- Flat, Asphalt
Listing agent Cory Meals License #0636222 (888) 519-7431
Listing office eXp Realty LLC Austin, TX (888) 519-7431
Listing date Mar 11, 2026
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.
HighLights
- Commercial office building with approx. 1,677 SF on a hard corner of Austin Ave & Chestnut St in downtown Denison.
- Two private offices plus a large conference room, open flex space, and dedicated storage/equipment closet.
- Includes 2 restrooms; interior layout configured for a law practice with flexible space for other business uses.
- Construction materials include brick and block; flooring is concrete.
- Central heating and central air; roof is flat and asphalt.
- On‑site private parking lot plus off‑street parking; utilities include public water and public sewer.
Overview
The property’s corner positioning on Austin Avenue and Chestnut Street provides strong street presence and visibility on two sides, supporting walkable downtown access. A key benefit is the inclusion of its own private parking lot, offering convenient parking for owners, employees, and customers in a central business district.
For buyers or operators seeking a ready-to-use professional office in a recognizable downtown setting, the existing room mix offers flexibility for multiple business types that value both client-facing space and private offices. The dedicated parking and practical layout can help reduce friction for daily operations while maintaining a professional environment for meetings and appointments.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $30.72 |
| − Vacancy | −$14.1k | −$8.42 |
| EGI | $37.4k | $22.30 |
| − OpEx | −$9.4k | −$5.58 |
| NOI | $28.1k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denison
- County
- Grayson
- State
- Texas
- Longitude
- -96.537101
- Latitude
- 33.754636
