1901 W Morton Street Denison, TX 75020
SINGLE_FAMILY - Denison, TX
Property Features for 1901 W Morton Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Active Under Contract
- APN
- 140811
- Size
- 2,432 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Description
- G-0630 JONES HARDIN A-G0630, ACRES .53, 155X1
- Tax Annual Amount
- 8553
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Wall Unit(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Combination, Linoleum, Clay
- Building materials
- Rock, SteelSiding, Stone
- Roof type
- Metal, Synthetic, Flat, Mixed
Listing agent Megan Christensen License #0682136 (903) 821-9678
Listing office Texas Life Real Estate Pottsboro, TX (903) 818-6079
Listing date Jul 9, 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.
Investment Insights
Based on property information with market context.
The site is positioned at the highly visible corner of W. Morton St. (FM 120) and Juanita Drive. Public remarks state the property is along a primary commercial corridor with over 14,000 vehicles traveling Morton St. daily, and FM 120 connects Denison and Pottsboro. The location is also described as approximately 1.4 miles east of Hwy 75.
For sale as a ready-to-operate restaurant option in a retail-dense area, with nearby operators listed in the remarks including Chick-fil-A, CVS, QuikTrip, Starbucks, Burger King, McDonald’s, Walmart, Braum’s, Best Western, and others.
Key Highlights
- Corner location on W. Morton St. (FM 120) and Juanita Drive with over 14,000 vehicles traveling Morton St. daily (per public remarks)
- About 1.4 miles east of Hwy 75 for regional access
- Watson Burger currently operational at the location, seating 52 guests with additional seating capacity
Local Financial Insights For Specialty Retail
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 | $60.7k | $24.96 |
| − Vacancy | −$3.0k | −$1.25 |
| EGI | $57.7k | $23.71 |
| − OpEx | −$14.4k | −$5.93 |
| NOI | $43.3k | $17.78 |
