1231 Morton, Denison, Texas

$1,050,000
Active
1231 Morton, Denison, Texas
1231 Morton, Denison, Texas
1231 Morton, Denison, Texas
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Property Details

MLS ID: 21191195
Status: Active
Price: $1,050,000
Acres: 1±
Type: Apartment, Residential
Address: 1231 Morton
City, State: Denison, TX
County: Grayson County
ZIP Code: 75020
Lat/Long: 33.76031, -96.55353
Parcel Number: 141548
Bedrooms: 24
Bathrooms: 12
Year Built: 1955

Description

Rare opportunity to acquire a 12-unit multifamily property in a high-demand North Texas rental market with immediate upside potential. This property in Denison consists of six duplex buildings, offering operational efficiency, diversified income streams, and strong tenant appeal.

Positioned on W Morton Street with excellent access and visibility, the asset is strategically located near downtown Denison, retail corridors, schools, and major commuter routes—driving consistent rental demand.

Six duplexes, 12 units. Two units updated with high end finishes, granite, hardwood, stainless appliances, windows, HVAC, detached 2-car garage. Remaining 10 units include upgrades and repairs, hardwood, ample parking and tenant paid utilities. Room for value add presents greater rental upside with full rehab. Very convenient proximity to Denison and Lake Texoma visitors.

Directions: From 75 North, turn right on Morton St, property located on the left.

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Steve Ruffner, DVM

Steve Ruffner, DVM

Capitol Ranch Real Estate, LLC

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Steve Ruffner, DVM
Steve Ruffner, DVM
Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: March 6, 2026 at 12:00:00 PM UTC

Listed By: Prasanthi Morusupalli of Powerstar Realty