Two-Story
2526 S Fannin Avenue #2600, Denison, TX 75020
For Sale
New
$379,900
Both residences offer three bedrooms and three full bathrooms, with current leases in place.
Property Size2,505 SF
Price / SF$151.66
Days on Market6
Property Features for 2526 S Fannin Avenue #2600
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Highway Access
Multifamily Units
Tenant in Place
Building Details
Year Built
Buildings
Listing Agency:
Call It Closed Realty
(833) 242-7007
Listed By:
Keely Harris Group
(817) 412-0941
Source:
Keelyharris
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 8 at 6:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Call It Closed Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2021, this duplex contains two residences arranged across two stories. Each residence has three bedrooms and three full bathrooms, and the property totals 2,505 square feet. Both units are currently leased, providing in-place rental income.
The property is located in Denison, Texas, in an area described as experiencing new development, with access to major highways.
The property is located in Denison, Texas, in an area described as experiencing new development, with access to major highways.
Key Highlights
- Two residences, each with a two‑story layout
- 3 bedrooms and 3 full bathrooms in each unit
- 2,505 square feet total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,203
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,060
$384.1K
Cap Rate 7%
$274,329
$274.3K
Cap Rate 9%
$213,367
$213.4K
Market Conditions
NOI Build-Up for 2,505 SF
Gross rent
$31.0K $12.36/SF
− Vacancy
−$3.5K −$1.41/SF
EGI
$27.4K $10.95/SF
− OpEx
−$8.2K −$3.29/SF
NOI
$19.2K $7.67/SF
Area
Grayson County, TX
Vacancy
11.40%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,060
Cap Rate 7%
$274,329
Cap Rate 9%
$213,367
Alternative Uses
Best Use
Multifamily LT 5
$274.3K
$240.0K – $320.1K
NOI $19,203 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$243.2K
$212.8K – $283.7K
NOI $17,022 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$881.2K
$771.0K – $1.03M
NOI $61,683 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 75020, TX
23,782
Population
10,802
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
390
Density / Sq Mi
$66,308
Median Household Income
$38,656
Median Earnings
$1,136
Median Rent
$187,200
Median Home Value
Market
Properties on Market for Duplexes in Denison
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms and three full bathrooms, with current leases in place.
Where is this duplex located?
The property is located at 2526 S Fannin Avenue #2600 Denison, TX.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two residences, each with a two‑story layout; 3 bedrooms and 3 full bathrooms in each unit; 2,505 square feet total
