500-502 W Owings Street, Denison, Texas

$479,000

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6

Beds

4.2

Baths

3,038

Square feet

0.17

Acres

About 500-502 W Owings Street

Unique and Rare Opportunity-Ideal for an owner-occupant looking to live comfortably in one side and collect premium rent as the landlord of the other in this beautiful duplex in Historic Denison, TX. Unit 500 is available to the new owner. 502 is occupied by a long range tenant. Situated in a highly sought after location, each unit of this thoughtfully designed duplex is 3-bedroom, 2.5-bath, 1,505sf, with an attached 2-car garage. This property qualifies for FHA & VA owner-occupant financing, making it an excellent option for first-time homebuyers or those on fixed income seeking a smart way to reduce housing costs while building long-term wealth through real estate. Designed for privacy and low-maintenance living, the duplex lives more like a single-family home with the only shared wall located at the garage. Front entrances are positioned on opposite ends of the property. The primary bedroom is conveniently located on the first floor, along with a utility room, half bath, and flexible office or bonus space. Upstairs features two additional bedrooms, a full bath, and a second flex area—perfect for a study, play area, or home office. High-end finishes include raised ceilings, granite countertops, stainless steel appliances, luxury vinyl flooring throughout, designer color selections, foam insulation for maximum efficiency, and a full blinds package. Enjoy outdoor living with a covered patio, privacy fenced courtyard, and views of a charming downtown park. Located within walking distance to historic downtown Denison, restaurants, grocery stores, and year-round events, this property benefits from a high-demand rental market, minimal vacancy, and premium rent pricing. Just minutes from Texoma Medical Center, Sherman, Lake Texoma, and Choctaw Casino, with convenient access to McKinney. Whether you’re purchasing your first home, your first investment, or both at the same time, this is a smart owner-occupant opportunity in a location where properties rarely stay vacant.

Status Change History

Mar 31, 2026 Status Changed from Pending to Closed Closed
Mar 13, 2026 Status Changed from Active Under Contract to Pending Pending
Mar 9, 2026 Status Changed from Active to Active Under Contract Active Under Contract

Price Change History

Jan 21, 2026 Price Reduced from $500,000 to $479,000 $479,000

Features of 500-502 W Owings Street

MLS® # 21145822
Price $479,000
Bedrooms 6
Bathrooms 4.20
Full Baths 4
Half Baths 2
Square Footage 3,038
Acres 0.17
Year Built 2021
Type Residential
Sub-Type Single Family Residence
Style Craftsman
Status Closed

Community Information

Address 500-502 W Owings Street
Subdivision Stevens Addition
City Denison
County Grayson
State Texas
Zip Code 75020

Amenities

Utilities Asphalt, City Sewer, City Water, Curbs, Individual Water Meter, Sidewalk
# of Garages 4
Garages Additional Parking, Driveway, Garage, Garage Door Opener, Garage Faces Side, Garage Single Door
Is Waterfront No
Has Pool No

Interior

Interior Features Cable TV Available, Flat Screen Wiring, High Speed Internet Available
Heating Central, Electric, Heat Pump
Fireplace No

Exterior

Exterior Features Covered Patio/Porch, Rain Gutters
Lot Description Corner Lot, Few Trees
Roof Composition
Construction Frame, Siding, Wood
Foundation Slab

School Information

District Denison ISD
Elementary Terrell
Middle Henry Scott
High Denison

Additional Information

Date Listed January 8th, 2026
Date Sold March 31st, 2026
Days on Market 250

Listing Details

AgentPhilip Martin
OfficeRealty of America, LLC
Contact Info972-768-5664

Listing Map

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