Back to Search

Denison Townhome Portfolio Opportunity

705 W Crawford Street, Denison, TX 75020

View on Map

For Sale

$928,000

Six connected townhomes with remodeling and value-add potential in Denison.

Type:Commercial

Property size:

7,508 SF

Price / SF:

$123/SF

HighLights

Six connected townhomes offered as a single purchase, a rare opportunity.
Five units are fully remodeled with updated flooring, paint, and appliances.
Immediate rental income from five leased units.
Value‑add potential from one unit operating at a lower rate.
Prime location near schools, football field, and revitalizing downtown Denison.
Professionally managed, turnkey investment.

We can help!

Listing Contact

Kathy Spillyards

Learn more

For Sale

$928,000

Six connected townhomes with remodeling and value-add potential in Denison.

Type:Commercial

Property size:

7,508 SF

Price / SF:

$123/SF

Added:: Apr 22, 2026
Days on Market:: 60
Last Refresh:: Apr 22 at 5:31 pm

Property Features for 705 W Crawford Street

General Information

Standard status: Active
Size: 7,508 SF
Property subtype: Commercial

Building Details

Year Built: 1990

We can help!

Listing Contact

Kathy Spillyards

Listing agent Kathy Spillyards

Listing office Integrity Plus Realty LLC

Listing date Apr 22, 2026

Source Signaturere

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 Integrity Plus Realty LLC

HighLights

Six connected townhomes offered as a single purchase, a rare opportunity.
Five units are fully remodeled with updated flooring, paint, and appliances.
Immediate rental income from five leased units.
Value‑add potential from one unit operating at a lower rate.
Prime location near schools, football field, and revitalizing downtown Denison.
Professionally managed, turnkey investment.

Overview

This offering presents a unique opportunity to acquire six connected townhomes located in Denison, TX. Five of the units have been fully remodeled, featuring updated flooring, paint, and appliances. The remaining unit presents a value-add opportunity, currently operating at a lower rate. The property is professionally managed by a local company, offering a turnkey investment. Each townhome includes a large two-car garage. Five units feature 2 bedrooms and 2.5 bathrooms, while one larger unit includes 3 bedrooms and 3.5 bathrooms. The 3-bedroom unit is currently vacant and available for lease. All five 2-bedroom units are leased. The property's location is near schools, the football field, and a revitalizing downtown area. The property is suitable for an owner occupant looking to generate rental income from the other five units. The complex is positioned for long-term growth due to growing rental demand in Denison.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$105.4k	$14.04
− Vacancy	−$12.6k	−$1.68
EGI	$92.8k	$12.36
− OpEx	−$41.7k	−$5.56
NOI	$51.0k	$6.80

7,508 SF · lease $14.04/SF/yr · vacancy 12.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$728.9K

$637.8K – $850.3K (±1% cap)

NOI $51,020 @ 7.0% cap · market cap 5.50%

Second Best

—

no second resolved use

Theoretical Best

Hotel Hospitality

$3.85M

$3.37M – $4.49M (±1% cap)

NOI $269,612 @ 7.0% cap · market cap 29.05%

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

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Location Insight

Map
Local Demand

City: Denison
County: Grayson
State: Texas
Longitude: -96.545204
Latitude: 33.75399

Nearby Similar for Sale

$2,203,600

14,730 SF

Light Industrial Warehouse with New TPO Roof

Flex warehouse zoned light industrial with a new TPO roof and newly constructed storefront/office space.

613 S Armstrong Avenue, Denison, TX 75020

View Details
$675,000

10,850 SF

Retail Building with Open-Span Space

Large open-span retail building on a half-acre along a main access road near Historic Downtown Denison.

3000 & 3006 S Woodlawn Boulevard, Denison, TX 75020

View Details
$650,000

4,428 SF

Single-Story Brick Office Building

Visible corner building with multiple open rooms, a commercial kitchen, and flexible site space across two combined parcels.

1500 W Crawford Street, Denison, TX 75020

View Details
$699,000

3,706 SF

Renovated Creative Office Compound

Completely renovated 1920s home with carriage house, suited for creative tenants and outdoor events in Denison.

500 W Woodard Street, Denison, TX 75020

View Details
$499,900

2,432 SF

Drive-Through Restaurant Corner Property

Turnkey restaurant on a highly visible corner with drive-through service, walk-in storage, and ample on-site parking.

1901 W Morton Street, Denison, TX 75020

View Details
$1,200,000

Two-Story Adaptive Reuse Building

Flexible two-story structure with expansive open spans, high ceilings, and a private lot with about 20 spaces.

114 N Houston Avenue, Denison, TX 75021

View Details
$525,000

Downtown Office Building with Parking

Corner-exposed office layout with open flex space, private offices, conference room, and dedicated parking for clients and staff.

121 S Austin Avenue, Denison, TX 75020

View Details
$2,700,000

36,000 SF

Historic Office Building with Elevator

Four-story historic building with move-in ready offices, elevator service, and restored restrooms across every floor.

531 W Main Street, Denison, TX 75020

View Details
$550,000

Industrial Office Building with Parking

Flexible office and open areas on a partially restored industrial site, supported by 45–50 parking spaces.

307 W Coffin Street, Denison, TX 75020

View Details
$1,800,000

4,764 SF

Turnkey Daycare Facility with Real Estate

Established, fully operational childcare center with licensed capacity, indoor classrooms, and an oversized outdoor playground.

117 N Lillis Lane, Denison, TX 75020

View Details
$449,900

Drive-Through Restaurant Building

Renovated restaurant building with functional drive-through, dining space, and extensive cooking and prep areas.

2400 Woodlawn Boulevard, Denison, TX 75020

View Details
$120,000

Office Building with Central HVAC

Used as the Denison Alumni Museum, this building offers central electric HVAC, drop ceiling, and two half baths.

1730 S Mirick Avenue, Denison, TX 75020

View Details

For sale
Multifamily properties
TX
Denison
75020
705 W Crawford Street

What type of property is this?

Multifamily property - Six connected townhomes with remodeling and value-add potential in Denison.

Where is this multifamily property located?

The property is located at 705 W Crawford Street Denison, TX.

What is the asking price?

The asking price for this property is $928,000.

What are key features of this property?

This property features: Six connected townhomes offered as a single purchase, a rare opportunity.; Five units are **fully remodeled with updated flooring, paint, and appliances.**; **Immediate rental income from five leased units.**