← All homes

2614 & 2616 Fannin Avenue

Denison, TX 75020

$400,000

2 units · 2022

Units2
Building area2,648 sq ft
Year built2022
Gross income$32,400/yr
Cap rate7.35% as listed
Parking4 spaces
Lot size0.567 acres
TypeDuplex

What it costs to own

Taxes$9,892 per year
HOANone listed
Insurance$3,000 per year — as listed
Net operating income$29,400 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Great investment opportunity in Denison! This income-producing duplex offers a functional, well-designed floor plan with 3 bedrooms and 3 full bathrooms in each unit, including a full bathroom on the first floor. Each side features a large living area, perfectly sized kitchen with stainless steel appliances and a full-size refrigerator, plus a spacious low-maintenance backyard. With 2,648 SF of combined living space, the two units are identical in layout and simply mirrored. Both units are leased at $1,350 per month, generating $2,700 in monthly rental income. Unit 2614 is leased through July 2027, while Unit 2616 is leased through November 30, 2027, offering immediate cash flow with future flexibility. Conveniently located near Lake Texoma, shopping, dining, and Texas Instruments in Sherman, this property is well positioned for continued rental demand. Whether you’re looking to expand your investment portfolio or eventually live in one side and lease the other, this low-maintenance, income-producing duplex is an opportunity worth considering. Appraisal report available in TransactionDesk.

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Ceramic Tile, Laminate
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Interior featuresEat-in Kitchen, Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)

Construction materialsBrick, Concrete, Siding, Wood, Other
RoofComposition
FoundationSlab

Water sourceCity Water, Individual Water Meter
SewerCity Sewer

SubdivisionCouch-Sims 3rd Add

ElementaryHyde Park
Middle schoolHenry Scott
High schoolDenison
DistrictDenison ISD

Gross income$32,400 per year
Insurance$3,000 per year
Cap rate7.35% — as listed
Net operating income$29,400 per year

MLS #21347089
Source
Price changeReduced by $15,000 · Oct 17, 2026
On the market78 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryAlbertsons · 1.6 mi
Nearest parkEisenhower Brithplace State Historic Site · 1.4 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of DHS Realty — Nazanin Zandi.

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 2614 & 2616 Fannin Avenue Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21347089. Information last updated October 17, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Scroll to Top