This unique investment opportunity includes two tenant-occupied properties on Rice Street, being sold together as part of a 7-property portfolio. The first home, built in 1930, features 3 bedrooms, 1 bath, and 1,268 sqft of living space. It offers solid rental income with room for added value through light rehab. The second home, built in 1985, is a newer 2-bedroom, 2-bath property with 1,184 sqft, requiring only minor cosmetic updates to maximize its potential. Both properties are cash-flowing and ideal for investors seeking turnkey rentals with upside. Please note: these properties will not qualify for FHA or VA financing. A 1-week notice is required for all showings, and proof of funds or a pre-approval letter must be submitted prior to scheduling. Do not disturb tenants.
For sale
Price cut: $5K (7/25)
$145,000
616 & 618 Rice St, Denison, TX 75020
3beds
1,964sqft
Est.:
Single Family Residence
Built in 1930
0.29 Acres Lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
- 73 days
- on Zillow |
- 217 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 07:29am
Listed by:
Cory Meals 0636222,
eXp Realty LLC 888-519-7431
Source: NTREIS,MLS#: 20945604
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Features
- High Speed Internet
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,964 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.29 Acres
Details
- Parcel number: 150160
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Sunny Side Sub
HOA
- Has HOA: No
Location
- Region: Denison
Financial & listing details
- Price per square foot: $74/sqft
- Annual tax amount: $1,729
- Date on market: 5/23/2025
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