Listing ID: 20048125
Price: $2,975,000
Address: 7 Ray Drive
City: Denison
State: Texas
Postal Code: 75020
Bedrooms: 42
Total Baths: 20
Full Baths: 20
Acres: 1.680
County: Grayson
Great opportunity to add to your portfolio. 7 duplexes all on individual parcels and all next to each other for convenience. These 14 units will make nice returns. Location is wonderful with easy access to Highway, schools and shopping. Builders have taken the time to make sure these are very well thought out plans to keep the units low maintenance as well as keep the tenants happy. One of the three floor plans is one story and other two are two stories with a unique feature that includes a first floor bedroom and full bath. All units will have top of the line cabinetry, granite counters, stainless steel appliances, upgraded tile for backsplash and tub surrounds, luxury vinyl plank through out main living area, and carpet in bedrooms and upstairs. 2 one story Zachariah floor plans (4 units) featuring 3 bedrooms, 2 baths, 2 two story Sophia floor plan (4 units) featuring 3 bedroom, 3 bath, 3 two story Remi floor plan (6 units) featuring 3 bedrooms, and 3 baths.

Primary Features

County: Grayson
Property Sub Type: Multi Family
Property Type: Residential Income
Year Built: 2022


Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed for Ice Maker, Other
Cooling: Ceiling Fan(s), Central Air, Electric
Flooring: Carpet, Luxury Vinyl Plank
Heating: Central, Electric
Interior Features: Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Other
Levels: Two


Attached Garage: no
Construction Materials: Fiber Cement
Exterior Features: Covered Patio/Porch, Lighting
Fencing: None
Foundation Details: Slab
Garage: no
Horse Permitted: no
Lot Features: Corner Lot, Few Trees, Interior Lot, Landscaped, No Backyard Grass
Lot Size: 1 to < 3 Acres
Lot Size Area: 1.68
Lot Size Square Feet: 73180.8
Lot Size Units: Acres
Number Of Buildings: 7
Number Of Parking Spaces: 28
Number Of Units Total: 14
Parking Features: Concrete, Driveway, Off Street, Parking Pad, Other
Patio And Porch Features: Front Porch, Other
Pool: no
Roof: Composition
Utilities: Asphalt, Cable Available, City Sewer, City Water


Association Type: None
Building Area Source: Plans
Building Area Total: 7
Country: United States
Directions: Hwy 75 to Morton, East on Morton, North on Trout Ln, East on Walker St, Left on Ray Dr, go past Washington St and lots will be located on the left.
High School Name: Denison
Intermediate School Name: Mcdaniel
Middle School Name: Henry Scott
School District: Denison ISD


Accessibility Features: no
Complex Name: Bailey Brother Builders,
Consent Required to Record: Audio, Video
Dual Variable Compensation: yes
Green Energy Efficient: 12 inch+ Attic Insulation, Appliances, Drought Tolerant Plants, HVAC, Insulation, Lighting, Low Flow Commode, Thermostat, Waterheater, Windows
Municipal Utility District: no
Notice Surveillance Devices Present: Audio, Video
Second Mortgage: no
Smart Home Features: no
Status: Active
Will Subdivide: No
Year Built Details: New Construction - Incomplete


Current Price/Lot Size: 1770833.33333
Listing Terms: Cash, Conventional, Other
Possession: Closing/Funding, Upon Completion

Zoning Info

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#IDX-primaryPhoto,#idx-details-header Listed by: Samuel Holloway from Frontier Properties 9038212350

Contact - Listing ID 20048125

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Rhine Realty

101 E Main Street
Decatur, TX 76234
Phone: 9406269770
Phone Alt: 9406269770

Data services provided by IDX Broker