4-Unit Two-Bedroom
526 W Munson Street, Denison, TX 75020
For Sale
New
$349,000
ResidentialIncome, Denison, TX
Property Size3,114 SF
Lot Size0.17 Acres
Price / SF$112.07
Days on Market1
Property Features for 526 W Munson Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Listing Agency:
Texas Ally Real Estate Group
Listed By:
Nir Sheinbein · License TX #0795672
(512) 763-2559
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 21435894
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.
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Investment Insights
Based on property information with market context.
This 3,114-square-foot quadplex contains four two-bedroom units, with four bathrooms across the property. Two units are leased and two are vacant. Built in 1910, the building has vinyl flooring, window-unit cooling, gas ovens, and microwaves. Public water and sewer serve the property, and parking is on the street.
The property occupies a 0.172-acre lot in Denison, near downtown, shopping, dining, and local amenities.
The property occupies a 0.172-acre lot in Denison, near downtown, shopping, dining, and local amenities.
Key Highlights
- Four units, each with two bedrooms
- Two units leased and two vacant
- 3,114 square feet on a 0.172‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,871
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,420
$477.4K
Cap Rate 7%
$341,014
$341.0K
Cap Rate 9%
$265,233
$265.2K
Market Conditions
NOI Build-Up for 3,114 SF
Gross rent
$38.5K $12.36/SF
− Vacancy
−$4.4K −$1.41/SF
EGI
$34.1K $10.95/SF
− OpEx
−$10.2K −$3.29/SF
NOI
$23.9K $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%
$477,420
Cap Rate 7%
$341,014
Cap Rate 9%
$265,233
Alternative Uses
Best Use
Multifamily LT 5
$341.0K
$298.4K – $397.9K
NOI $23,871 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$302.3K
$264.5K – $352.7K
NOI $21,161 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$1.10M
$958.5K – $1.28M
NOI $76,679 @ 7.0% cap · market cap 21.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two residences are leased, while the other two are vacant and available for occupancy.
Where is this quadplex located?
The property is located at 526 W Munson Street Denison, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Four units, each with two bedrooms; Two units leased and two vacant; 3,114 square feet on a 0.172‑acre lot
