Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$274,000

For Sale - Active
715 E Hanna St, Denison, TX 75021
3 Beds
2 Baths
1,398 Square Feet
0.17 Acres Lot
Built in 2024
For Sale - Active
Units n/a
Checked: 23 hours ago
Updated: Sep 21, 2025 at 08:08PM

Investment Summary


Monthly Cash Flow
-$59
Cap Rate
5.4%
Cash-on-Cash Return
-1.1%
Debt Coverage Ratio
0.95
Internal Rate of Return (5 years)
2.9%

Property Description


0.17 Acres Lot
Built in 2024
For Sale - Active
Units n/a

Welcome to this stunning, newly built home, thoughtfully crafted to embody modern luxury with an open-concept design. From the moment you step inside, the spacious layout captivates you, seamlessly blending comfort and sophistication. The expansive living area boasts soaring cathedral ceilings and flows effortlessly into the dining and kitchen spaces—perfect for both entertaining and everyday living. The primary suite provides a serene retreat with picturesque backyard views, while the two additional bedrooms offer ample space, complete with walk-in closets. The master bath features a stylish barn door, adding a touch of rustic elegance. Enjoy outdoor living with a covered patio, perfect for relaxation. Tucked away in Denison, this home offers the ideal balance of small-town charm and modern amenities. The revitalized downtown district showcases historic 19th-century architecture along charming brick-paved streets, home to antique shops, boutiques, art galleries, and a vibrant dining scene.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Carport
  • Details: Concrete, Driveway, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: D0413162007
  • Lot Size: 7492 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2024

Tax Information

  • Annual Tax: $1,699

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Location

  • County: Grayson

Listing Details


Listed by:
Nicole Donaho
Homes By Lainie Real Estate Group
(903) 744-5251

Source:
North Texas Real Estate Information Systems (NTREIS)
MLS#: 21047310
North Texas Real Estate Information Systems (NTREIS)

Investment Summary


Monthly Cash Flow
-$59
Cap Rate
5.4%
Cash-on-Cash Return
-1.1%
Debt Coverage Ratio
0.95
Internal Rate of Return (5 years)
2.9%

Purchase Details

Find an Agent

Purchase price:
$274,000
Amount financed:
-$219,200
Down payment:
$54,800
Closing costs:
$8,220
Rehab costs:
$0
Initial cash invested:
$63,020
Square feet:
1,398
Cost per square foot:
$196
Monthly rent per square foot:
$1.43

Financing Details

Find a Lender

Loan amount:
$219,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,297
Property tax:
$142
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,579

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$142-$1,699
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (32%)
32%-$642-$7,699

Cash Flow


Monthly Yearly
Net operating income:
$1,238 $14,856
Mortgage payments:
-$1,297 -$15,564
Cash flow:
-$59 -$708