About 492 Richerson Road
Property is REO – Bring Your Ideas and Unlock the Potential of This Rare 4.855 Acre Opportunity in Denison! Investor Special! Incredible opportunity to bring this property back to life. This 3-bedroom, 1-bath home includes a living room, dining area, and 1-car garage, providing a solid foundation for a full renovation or complete redesign. Nestled on 5 beautiful acres, the property offers endless potential for expansion, outdoor living, or future development. The home requires a total rehab and is ideal for investors, fix-and-flip projects, or homeowners looking for a rural retreat they can customize from the ground up. Enjoy peaceful country living while still being just a short drive from town amenities. Surrounded by mature trees and open space, this property offers privacy, room to grow, and the freedom to create your vision. Perfect For Investors, Fix & flip, rehab projects, and Country Living Enthusiasts. Buyer and buyer's agent to verify all information, including schools, measurements, HOA, etc.
Status Change History
| Date | Details | Status |
|---|---|---|
| Jun 23, 2026 | Status Changed from Pending to Closed | Closed |
| May 28, 2026 | Status Changed from Active to Pending | Pending |
Price Change History
| Date | Details | Price |
|---|---|---|
| May 12, 2026 | Price Reduced from $239,900 to $209,900 | $209,900 |
| Apr 13, 2026 | Price Reduced from $254,900 to $239,900 | $239,900 |
| Mar 12, 2026 | Price Reduced from $274,900 to $254,900 | $254,900 |
| Feb 13, 2026 | Price Reduced from $289,900 to $274,900 | $274,900 |
Features of 492 Richerson Road
| MLS® # | 20940518 |
|---|---|
| Price | $209,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,300 |
| Acres | 4.86 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | A-Frame, Ranch, Traditional, Other |
| Status | Closed |
Community Information
| Address | 492 Richerson Road |
|---|---|
| Subdivision | Y S Dl & Ha Coleman Surv Abs # |
| City | Denison |
| County | Grayson |
| State | Texas |
| Zip Code | 75021-7600 |
Amenities
| Utilities | Co-op Water, Outside City Limits, Septic, Well |
|---|---|
| # of Garages | 1 |
| Garages | Garage, Garage Single Door, Outside |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Cedar Closet(s), Chandelier, Granite Counters, Kitchen Island, Paneling |
|---|---|
| Heating | Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Decorative, Family Room, Living Room, Other |
Exterior
| Exterior Features | Private Yard, Other |
|---|---|
| Lot Description | Acreage |
| Construction | Frame, Siding, Other |
School Information
| District | Denison ISD |
|---|---|
| Elementary | Lamar |
| High | Denison |
Additional Information
| Date Listed | December 10th, 2025 |
|---|---|
| Date Sold | June 23rd, 2026 |
| Days on Market | 302 |
Listing Details
| Agent | Karen Peoples |
|---|---|
| Office | Vylla Home |
| Contact Info | 214-244-5088 |