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1471 Cathey Drive

Denison, TX 75020

$1,400,000

4 units · 2022

Units4
Building area6,416 sq ft
Year built2022
Gross income$100,800/yr
Cap rate6.86% as listed
Parking16 spaces
Lot size0.158 acres
TypeResidential Income

What it costs to own

Taxes$5,613 per year
HOANone listed
Operating expenses$4,800 per year — as listed
Insurance$9,000 per year — as listed
Net operating income$96,000 per year — as listed

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

About this home

**Welcome to Cathey Dr a unique opportunity featuring four beautiful homes with connected property lines. These charming residences offer the perfect blend of comfortable living, modern amenities, and convenient access to town. Each home features 4 bedrooms and 3 full bathrooms, providing plenty of space for families, guests, or rental opportunities. Inside each home, you’ll find spacious, inviting interiors with well-appointed kitchens, open and comfortable living areas, and thoughtful layouts designed for everyday living and entertaining. The primary suites feature dual vanities, oversized showers, and walk-in closets, while the secondary bedrooms are thoughtfully split for added privacy. Each home also offers a separate utility room with ample space and a 2-car garage, providing convenient parking and additional storage. Located close to town, these properties provide easy access to shopping, dining, recreation, and everyday amenities while still offering a peaceful residential setting. All four homes have connected property lines, creating a rare opportunity for an investor, extended family, or buyer looking for multiple residences in one convenient location. Whether you're looking for income-producing properties, housing for multiple generations, or a unique investment opportunity, these four homes offer flexibility and tremendous potential.

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air
FlooringCarpet, Laminate
AppliancesDishwasher, Disposal, Electric Range, Other
Interior featuresCable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Other, Vaulted Ceiling(s), Walk-In Closet(s)

Construction materialsBoard & Batten Siding
RoofComposition
FoundationSlab

Lot featuresInterior Lot
FencingWood, Other, None
Water sourceCity Water
SewerCity Sewer
UtilitiesCable Available

SubdivisionSims Couch

ElementaryHyde Park
Middle schoolHenry Scott
High schoolDenison
DistrictDenison ISD

Gross income$100,800 per year
Operating expenses$4,800 per year
Insurance$9,000 per year
Cap rate6.86% — as listed
Net operating income$96,000 per year

MLS #21385801
Source
On the marketListed today
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 1.4 mi
Nearest parkLoy Park · 0.7 mi

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Listing courtesy of RangePoint Realty, LLC — Samuel Holloway.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21385801. Information last updated September 15, 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.

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