Bluebonnet Avenue

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Bluebonnet Avenue

Denison, TX 75020
Asking Price
$900K
Asset Type
Residential Land
Class
Class B

What's Special

Exceptional 9.6-Acre Residential Development & Estate Opportunity-Waterloo Lake, Denison, TX <p><span style="color: rgba(0, 0, 0, 1)"> Rarely does a property of this size, location, and potential become available in the heart of Denison. This unimproved land tract offers a unique opportunity to create a premier residential development or establish a private estate surrounded by natural beauty. Positioned along Debra Avenue with approximately 671 feet of road frontage, the property enjoys excellent accessibility and development flexibility. Currently zoned Single-Family SF-7.5, the site

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493

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