617 W Gandy Street, Denison, TX 75020
617 W Gandy Street, Denison, TX 75020
617 W Gandy Street, Denison, TX 75020
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Amanda Phillips

Amanda Phillips

+1(903) 267-9704
$399,000
Est. payment /mo
6 Beds
5 Baths
7,492 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Millers 1St Add

MLS Listing ID 21227047

Bedrooms 6

Full Baths 5

HOA Y/N None

Total Fin. Sqft 3838

Year Built 1890

Annual Tax Amount $3,658

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Quadruplex

Property Description

Unit 1 is downstairs to the left a Two-bedroom one bathroom unit $1000 PM. Unit 2 downstairs to the right is a one bedroom and one-bathroom $850 PM. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater $1100 PM. Unit 4 upstairs to the right is a one bedroom one-bathroom unit $850 PM. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years. Roof is about 6 years old. Owner will finance at 8.5 % interest over 30 years with min 25% downpayment. Monthly payment $2306 + Insurance $250 PM + Property Tax = $3025 Per month payment Total income is $3800 per month leaves a net income of about $775 a month net or a Cap Rate of 7.75%

Location

State TX

County Grayson

Direction Austin west to Gandy to 617W Gandy (Large Grey House)

Interior

Interior Features Other

Heating Central, Space Heater

Cooling Central Air, Wall/Window Unit(s), Window Unit(s)

Flooring Laminate

Appliance Gas Range, Refrigerator, None

Heat Source Central, Space Heater

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Siding,Vinyl Siding

Schools

Elementary Schools Lamar

High Schools Denison

School District Denison Isd

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21227047

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©2026 North Texas Real Estate Information Systems.
Listed by Colin Rosenthal • DFW Metro Housing

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617 W Gandy Street