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Marissa Fontanez

[email protected] +1(214) 789-9187

$260,000

Est. payment - /mo

3 Beds

2 Baths

2,116 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,116 sqft

Subdivision Belmont

MLS Listing ID 21277783

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1930

Lot Size 10,410 Sqft

Acres 0.239

Property Sub-Type Single Family Residence

Property Description

Fantastic investment opportunity—perfect for investors seeking immediate cash flow! This unique property has 2 properties, both tenant-occupied. Unit 509 is occupied at $1,200 per month through June 2027, and Unit 511 is tenant-occupied through 4-30-2027 for $1010 per month.

Welcome to this beautifully updated 1930s home with an ADU that adds instant rental income or additional space for guest house or separate home office! Full of character, timeless charm and thoughtfully updated throughout, this home blends the craftsmanship and charm of its original era with the conveniences of today.

Inside, you'll find luxury vinyl plank wood-look flooring throughout (NO CARPET), fresh interior updates, and abundant natural light that highlights the home's inviting atmosphere. The spacious living area offers a comfortable place to gather and relax, while subtle architectural details reflect the home's original charm and personality.

The kitchen has been updated with modern finishes, featuring sleek countertops, ample cabinetry, and updated appliances—creating a functional and welcoming space for cooking, entertaining, and everyday living.

The bedrooms are generously sized and offer flexibility for guests, a home office, or additional flex space to fit your lifestyle needs. Updated bathrooms feature clean, contemporary finishes while still complementing the home's classic character.

This unique property also features a 792 sqft ADU! Inside you'll find a living space, 1 bedroom loft, full bath and full kitchen space. Keep as rental for additional income or use as extra guest space, home office, hobby space, or home gym. The options are endless!

Step outside to enjoy a private backyard with room for outdoor entertaining, gardening, pets, or simply relaxing outdoors.

This property is available for individual sale as well as offered as part of an Investor Package Deal.

Location

State TX

County Grayson

Direction from hwy 75 go east on 503 follow 503 until you turn right on hwy 69 from hwy 69 turn left on S. Bells Dr. from S Bells Dr turn Right on E Monterey St From E Monterey St Turn left on E Heron St House will be on the left.

Rooms

Dining Room 2

Interior

Interior Features Built-in Features, Cable TV Available, Decorative Lighting, High Speed Internet Available, Other

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Luxury Vinyl Plank

Fireplaces Number 1

Fireplaces Type Living Room

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch, Private Yard

Utilities Available Cable Available, City Sewer, City Water, Electricity Available, Individual Water Meter

Roof Type Composition,Shingle

Garage No

Building

Lot Description Landscaped, Lrg. Backyard Grass

Story One and One Half

Level or Stories One and One Half

Structure Type Siding

Schools

Elementary Schools Lamar

Middle Schools Henry Scott

High Schools Denison

School District Denison Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Owner/ Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21277783

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Mallory Adams • OmniKey Realty, LLC.

NEARBY SCHOOL & BUSINESS

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

509 E Heron Denison, TX 75021