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School Property with Multi-Family Zoning

318 W Morgan Street Denison, TX 75020

Claim this Listing
For Sale
$450,000

SINGLE_FAMILY - Denison, TX

Type:Office
Property size:
4,508 SF
Lot size:
0.17 Acres
Price / SF:
$99.82/SF
Added:
Jun 30, 2026
Days on Market:
15
Last Refresh:
Jul 14 at 12:06 pm

Property Features for 318 W Morgan Street

General Information

Property type
Residential
Property subtype
Office
Parking features
Open, On Street
Security features
Security
Standard status
Active
APN
146003
Lot size
0.17 Acres

Taxes and HOA fees

Tax Description
OTP DENISON, BLOCK 71, LOT 5, ACRES .1722
Tax Annual Amount
7621

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air, Multi Units
Water source
Public

Building Details

Year built
1985
Floors in Building
1
Number of units
1
Flooring type
Carpet
Building materials
Block, MetalSiding
Roof type
Metal

Listing agent NORMAN GORDON License #0450725

Listing office PARAGON, REALTORS Sherman, TX

Listing date Jun 30, 2026

MLS# 21222300

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.

This property is currently used to house the Pathways School. The offering consists of one lot measuring approximately 50' by 150', with approximately 4,508 square feet of gross living area in place. Current zoning is Multi-Family-1. A survey is not available, and the buyer is responsible for verifying all suitability with the City of Denison for any future use, including the need for any specific use permit or rezoning.

The address is 318 W Morgan Street in Denison, Texas, Grayson County (ZIP 75020). Possession is anticipated no earlier than December 31, 2026. The remarks note that a lease-back to the Denison Independent School District could be considered for an earlier closing.

This is a specialized school-use property that may also appeal to buyers evaluating redevelopment options under the existing Multi-Family-1 zoning classification. Any potential future use—including whether a permit or rezoning is required—must be determined by the buyer with the City of Denison. As required by law, the property must be marketed and sold through a sealed bid process administered by the District, with bid packets available in the provided TransactionDesk materials.

Key Highlights

  • Multi‑family‑1 zoned property currently used to house Pathways School
  • Approximately 50' x 150' lot (one lot) with approximately 4,508 SF gross living area
  • Construction materials include block and metal siding; roof is metal

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Schools

Suggested Use

Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility Pharmacy HVAC Service Law Firm Nail Salon Hair Salon Veterinary Clinic

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

FAQs

What type of property is this?
School - Formerly used as a Pathways School, this Denison property offers 4,508 sf of existing facilities on a single lot.
Where is this school located?
The property is located at 318 W Morgan Street Denison, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Multi‑family‑1 zoned property currently used to house Pathways School; Approximately 50' x 150' lot (one lot) with approximately 4,508 SF gross living area; Construction materials include block and metal siding; roof is metal
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More about this property
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