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    509 E Shepherd St Denison, TX 75021

    Sponsored
    For Sale
    $42,500

    Improved Land - Denison, TX

    Lot size:
    0.18 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 10 at 2:06 am

    Property Features for 509 E Shepherd St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    146392
    Lot size
    0.18 Acres

    Building Details

    Architectural style
    Other

    Easy Life Realty (903) 224-5171 [email protected]

    Listing agent Lisa Hitchcock (903) 224-5171 License #0611932

    Listing date Jan 1, 2026

    MLS# 20987486 Listing URL

    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.

    Overview

    Denison, Texas Homesite Opportunity

    Located in Denison, Texas, the property at 509 E Shepherd Street is a 0.178-acre homesite, presenting an opportunity for building a new home in an established neighborhood near downtown Denison. The level and mostly cleared lot is suited for new construction, with utilities available at the street. There are no HOA restrictions. The property is situated on a quiet street with mature trees, offering peaceful surroundings near shopping, dining, schools, and local events. This property is suitable for building a primary residence or investing in the area's growth, appealing to those seeking community connection and outdoor activities. Lake Texoma, approximately 10 miles away, provides over 89,000 acres of open water and more than 1,000 miles of shoreline for boating, fishing, and paddleboarding. Eisenhower State Park offers hiking trails, campgrounds, and lake views. Local parks such as Munson Park and Forest Park provide playgrounds, green spaces, and sports facilities. The neighborhood is part of the growing Texoma region, which continues to attract new development, cultural attractions, and community initiatives.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.528483
    Latitude
    33.749461

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    FAQs

    What type of property is this?
    Land - Prime homesite near downtown Denison and Lake Texoma.
    Where is this land located?
    The property is located at 509 E Shepherd St Denison, TX.
    What is the asking price?
    The asking price for this property is $42,500.
    What are key features of this property?
    This property features: - Prime location just minutes from vibrant downtown Denison.; - Close proximity (10 miles) to Lake Texoma, offering extensive recreational opportunities (boating, fishing, etc.).; - Level and mostly cleared .178-acre lot, ideal for new construction.
    (903) 224-5171
    Request Owner's contact information
    509 E Shepherd St Denison, TX 75021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 E Shepherd St Denison, TX 75021
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