Property is REO – Bring Your Ideas and Unlock the Potential of This Rare 4.855 Acre Opportunity in Denison!
Investor Special! Incredible opportunity to bring this property back to life. This 3-bedroom, 1-bath home includes a living room, dining area, and 1-car garage, providing a solid foundation for a full renovation or complete redesign. Nestled on 5 beautiful acres, the property offers endless potential for expansion, outdoor living, or future development.
The home requires a total rehab and is ideal for investors, fix-and-flip projects, or homeowners looking for a rural retreat they can customize from the ground up. Enjoy peaceful country living while still being just a short drive from town amenities. Surrounded by mature trees and open space, this property offers privacy, room to grow, and the freedom to create your vision.
Perfect For Investors, Fix & flip, rehab projects, and Country Living Enthusiasts. Buyer and buyer's agent to verify all information, including schools, measurements, HOA, etc.
Pending
Price cut: $30K (5/13)
$209,900
492 Richerson Rd, Denison, TX 75021
3beds
1,300sqft
Single Family Residence
Built in 1960
4.86 Acres Lot
$-- Zestimate®
$161/sqft
$-- HOA
What's special
Dining areaSurrounded by mature treesOpen space
- 184 days |
- 216 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Karen Peoples 0582405 214-244-5088,
Vylla Home 713-647-2349
Source: NTREIS,MLS#: 20940518
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 13 x 12
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 12 x 12
Dining room
- Level: First
- Dimensions: 1 x 1
Other
- Features: Built-in Features
- Level: First
- Dimensions: 10 x 10
Kitchen
- Features: Breakfast Bar, Built-in Features, Eat-in Kitchen, Stone Counters
- Level: First
- Dimensions: 13 x 13
Living room
- Level: First
- Dimensions: 19 x 12
Utility room
- Features: Closet
- Level: First
- Dimensions: 1 x 1
Heating
- Central, Electric
Appliances
- Included: Electric Cooktop, Electric Oven
- Laundry: Common Area, In Kitchen
Features
- Cedar Closet(s), Chandelier, Granite Counters, Kitchen Island, Paneling/Wainscoting, Cable TV
- Flooring: Ceramic Tile, Other
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Decorative, Family Room, Living Room, Other
Interior area
- Total interior livable area: 1,300 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Garage, Outside
- Attached garage spaces: 1
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Other, Private Yard
- Pool features: None
- Fencing: Metal,Partial,Wire
Lot
- Size: 4.86 Acres
- Features: Acreage
Details
- Additional structures: Poultry Coop, Shed(s)
- Parcel number: 113276
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame,Other,Ranch,Traditional,Detached,Farmhouse
- Property subtype: Single Family Residence
Materials
- Frame, Other
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop, Well
- Utilities for property: Septic Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Y S Dl & Ha Coleman Surv Abs #
HOA
- Has HOA: No
Location
- Region: Denison
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $386,144
- Annual tax amount: $6,395
- Date on market: 12/12/2025
- Cumulative days on market: 180 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,347/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Pending sale | $209,900$161/sqft |
Source: NTREIS #20940518 Report a problem | ||
| 5/13/2026 | Price change | $209,900-12.5%$161/sqft |
Source: NTREIS #20940518 Report a problem | ||
| 4/14/2026 | Price change | $239,900-5.9%$185/sqft |
Source: NTREIS #20940518 Report a problem | ||
| 3/12/2026 | Price change | $254,900-7.3%$196/sqft |
Source: NTREIS #20940518 Report a problem | ||
| 2/13/2026 | Price change | $274,900-5.2%$211/sqft |
Source: NTREIS #20940518 Report a problem | ||
| 1/14/2026 | Price change | $289,900-3.3%$223/sqft |
Source: NTREIS #20940518 Report a problem | ||
| 12/12/2025 | Listed for sale | $299,900+33.3%$231/sqft |
Source: NTREIS #20940518 Report a problem | ||
| 7/3/2019 | Sold | -- |
Source: Ebby Halliday solds #14081024_75021 Report a problem | ||
| 7/2/2019 | Pending sale | $225,000$173/sqft |
Source: EBBY HALLIDAY, REALTORS #14081024 Report a problem | ||
| 5/2/2019 | Listed for sale | $225,000$173/sqft |
Source: EBBY HALLIDAY, REALTORS #14081024 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,216 -2.8% | $386,144 -2.5% |
| 2024 | $6,395 +3.5% | $396,001 +3.7% |
| 2023 | $6,177 +18.3% | $381,947 +26.4% |
| 2022 | $5,222 +38.3% | $302,232 +45.2% |
| 2021 | $3,775 | $208,137 +3.4% |
| 2020 | -- | $201,345 +55.6% |
| 2019 | -- | $129,384 +0.9% |
| 2018 | $1,034 +0% | $128,236 +7.2% |
| 2017 | $1,034 | $119,654 +23.1% |
| 2016 | $1,034 -12.6% | $97,208 +3.1% |
| 2015 | $1,183 | $94,294 +6.2% |
| 2014 | $1,183 | $88,786 +10.3% |
| 2013 | -- | $80,461 -3.6% |
| 2012 | -- | $83,461 |
| 2011 | -- | $83,461 -2.1% |
| 2010 | -- | $85,285 |
| 2009 | -- | $85,285 -11.9% |
| 2008 | -- | $96,850 +38.8% |
| 2007 | -- | $69,801 |
| 2006 | -- | $69,801 +25.6% |
| 2005 | -- | $55,560 +10% |
| 2004 | -- | $50,509 +21% |
| 2002 | -- | $41,743 |
| 2001 | -- | $41,743 +6.1% |
| 2000 | -- | $39,352 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75021
Nearby schools
GreatSchools rating
- 6/10Lamar Elementary SchoolGrades: PK-4Distance: 1.6 mi
- 5/10Henry Scott MiddleGrades: 7-8Distance: 2.4 mi
- 5/10Denison High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Lamar
- Middle: Mcdaniel
- High: Denison
- District: Denison ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Grayson County
- Denison
- 75021
- 492 Richerson Rd
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