About This Home

This 9-bedroom, 6-bathroom multi-family at 406 W Morgan Street in Denison, TX is listed for $199,000 ($55 per sqft). Built in 1980, the home offers 3,640 sqft of living space on a 0.34 acres lot.

Key Features

  • Built in 1980
  • 0.34 acre lot
  • 6 parking spaces

Property Details

1 story
6 full
6 spaces
1980
Listing Description

Investor opportunity at 406 W Morgan Street in Denison! Offered AS-IS, with the existing building taken down to the studs for a four-unit residential conversion. Seller reports that the full architectural plan set and required permits are approved, with the project ready to begin renovation.

Bring your contractor and execute the approved plans, or ask about an introduction to the contractor who has provided an approximately $250,000 proposal to complete the conversion. Construction is NOT included in the purchase price, and use of the seller's contractor is optional.

Buyer to independently confirm contractor scope, pricing and availability, permit validity and transfer requirements, zoning, dimensions, and all requirements for completion and occupancy. This is an unfinished renovation project, not a completed or currently rentable fourplex. Any images identified as conceptual renderings show proposed improvements, not current condition; final finishes may vary.

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

406 W Morgan Street

Denison, TX 75020

OTP Denison

Property Details

Construction

Brick MetalSiding

Parking

Driveway

Questions & Answers

This 9-bedroom, 6-bathroom multi-family at 406 W Morgan Street is listed at $199,000 ($55/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.34 acre lot, 6 parking spaces.

This property is listed by Nir Sheinbein.

NS

Nir Sheinbein

Agent at Texas Ally Real Estate Group

Listed by Texas Ally Real Estate Group · Broker phone: (512) 763-2559 · View on Broker Site · Broker website

MLS# 21394114· Source: North Texas Real Estate Information Systems, Inc.· 3 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

406 W Morgan Street, Denison, TX 75020

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