500 W Woodard Street Denison, TX 75020
Renovated 1920s home and carriage house with outdoor space.
Property Features for 500 W Woodard Street
General Information
- Standard status
- Active
- Size
- 3,711 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing office Tracy Realty (903) 786-3115
Listing date Apr 22, 2026
Source Signaturere
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Investment Insights
Based on property information with market context.
Key Highlights
- Completely renovated 1920s home and carriage house, offering versatile space for creative workspace, retreat center, restaurant, office, retail, or B&B.
- Located in Denison, a business‑friendly city with planned growth and potential grants.
- Features outdoor event space.
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 | $114.0k | $30.72 |
| − Vacancy | −$31.2k | −$8.42 |
| EGI | $82.8k | $22.30 |
| − OpEx | −$20.7k | −$5.58 |
| NOI | $62.1k | $16.73 |
