616 & 618 Rice Street, Denison, TX 75020

3 beds |
1 bath |
1,964 sqft

Single-Family Home
Built in 1930
0.29acre lot
—— car garage
$76/sqft
Listed 1 month ago

Property Description

This unique investment opportunity includes two tenant-occupied properties on Rice Street, being sold together as part of a 7-property portfolio. The first home, built in 1930, features 3 bedrooms, 1 bath, and 1,268 sqft of living space. It offers solid rental income with room for added value through light rehab. The second home, built in 1985, is a newer 2-bedroom, 2-bath property with 1,184 sqft, requiring only minor cosmetic updates to maximize its potential. Both properties are cash-flowing and ideal for investors seeking turnkey rentals with upside. Please note: these properties will not qualify for FHA or VA financing. A 1-week notice is required for all showings, and proof of funds or a pre-approval letter must be submitted prior to scheduling. Do not disturb tenants.

Listing Status:: Active
Listing Office:: eXp Realty LLC : 888-519-7431
Listing Agent:: Cory Meals :
MLS ID:: 20945604

General: High Speed Internet
Fireplace: Wood BurningFireplaceFireplaces: 1

This listing courtesy of Cory Meals, eXp Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lamar Elementary School

1000 S 5th Ave, Denison, TX, 75021

Grades PK-4

1.40 miles away

Scott Middle School

1901 S Mirick Ave, Denison, TX, 75020

Grades 7-8

0.39 miles away

Denison High School

4200 N State Highway 91, Denison, TX, 75020

Grades 9-12

4.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.