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509 E Heron

Denison, TX 75021

Listing courtesy of Mallory Adams, OmniKey Realty, LLC.

$260,000
Active
Beds
3
Baths
2
Sqft
2,116
Year Built
1930

About this home

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.

Schools

Elementary
Lamar
Middle
Henry Scott
High
Denison

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21277783
Property Type
Residential
Status
Active
County
Grayson
Subdivision
BELMONT
Lot Size
10,410.84 sqft
HOA Dues
None
Days on Market
36 days
Listed
May 21, 2026
Price per Sqft
$123

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$1,850/mo
Principal & interest
$1,384
Property taxes (est.)
$390
Homeowner's insurance (est.)
$76

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed May 21, 2026