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$600,000

2570 Randell Lake Rd, Denison, TX, 75020

$711,225 ARVInfo
On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,962 Sq Ft
Year BuiltBuilt in 1960

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size9.71 acres

Building Information

Year Built1960
Garage Spaces2

Land Information

APN046 8418001
Lot Number1
SubdivisionCreekside Acres
Land UseReal-Non Qual Open Space Land & Residential I
Legal DescriptionCREEKSIDE ACRES, BLOCK A, LOT 1, ACRES 9.706
Census Tract000302
Assessed Land Value$379,675
Assessed Improvement Value$121,961
Assessment Year2025

About this property

Beautiful 9.706-acre wooded tract with rolling terrain and a seasonal creek is full of potential and a country experience. The property offers approximately 300 feet of road frontage and a private setting, while remaining close to the city, schools, and everyday amenities. Utilities include a permanent 320-amp meter base, 200-amp service panel, two 50-amp RV plugs, four 110-volt outlets, new water meter on road, and city sewer. This is a perfect RV set up. New pipe fencing along the road frontage, and barbed-wire fencing along one side help define the borders. The property is conveniently located about half a mile from Highway 75, with easy access to Denison, as well as the planned Preston Harbor development on Lake Texoma and Grandpappy Point Marina. There is an existing three-bedroom farmhouse at the rear of the property which may provide an opportunity for reconstruction as a residence.

Investor Tools

$0Estimated Mortgage Balance
$728,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$711,225
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,628
$501,636
2025
$379,675
$121,961
$501,636
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,628
$501,636

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$728,000
100%
0%
$0/mo

City: Denison

2570 Randell Lake Rd | Property Details | No Agent List