509 E Heron
Denison, TX 75021
Listing courtesy of Mallory Adams, OmniKey Realty, LLC.
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.
- 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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Listing courtesy of Sarah Halterman, Real Broker, LLC