417 E Morton St

Beds
1,184 Sq. Ft.
$887 / Sq. Ft.
1,184
Sq. Ft.
$887
per Sq. Ft.

Description

Calling all investors! Excellent investment opportunity to acquire a portfolio of 9 single-family rental homes. All properties are currently occupied and income producing, providing immediate cash flow for a new owner. The portfolio is being offered together and presents a strong investment opportunity with projected returns. Properties are located in established rental areas with consistent tenant demand. This portfolio offers investors the opportunity to acquire stabilized assets with potential...Calling all investors! Excellent investment opportunity to acquire a portfolio of 9 single-family rental homes. All properties are currently occupied and income producing, providing immediate cash flow for a new owner. The portfolio is being offered together and presents a strong investment opportunity with projected returns. Properties are located in established rental areas with consistent tenant demand. This portfolio offers investors the opportunity to acquire stabilized assets with potential for long-term appreciation and continued rental growth. Photos are for all 9 and addresses are in the documents for you to review.
  1. Listed by Greg Parks • TREC #0691443 • Milestone Premier Properties • 903-462-0282

Property Details for 417 East Morton Street

Subdivision Name
Perrys Ed
Pool
No
Number Of Parking Spaces
9
LISTING UPDATED: 03/06/2026 04:10 AM

Property Details for 417 East Morton Street

StatusActive
MLS #21199844
Days on Market86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built1958
Lot Size0.12 AC / 5,248 SF
CountyGrayson County

Location

Listing Courtesy of Milestone Premier Properties, Greg Parks
Add your commute

Building Information for 417 East Morton Street

Stories1Residences9Year Built1958Building Size-Lot Size0.12 AC / 5,248 SF

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Principal and Interest

$5,232

Property Taxes

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Property Information for 417 East Morton Street

Summary
Location and General Information
  • Complex Name: Morton
  • Directions: Main Street across RR tracks to Travis. Turn left on Travis, right on Morton. GPS is available for all addresses.
  • Elementary School: Terrell
  • Elementary School Name: Terrell
  • High School: Denison
  • High School Name: Denison
  • Middle School: Henry Scott
  • Year Built Details: Preowned
  • School District: Denison ISD
  • Geocode Confidence: High
  • Latitude: 33.76
  • Longitude: -96.53
  • State: Texas
Parking
  • Parking Features: Other
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Other
  • Heating: Other
  • Interior Features: Cable TV Available
  • Appliances: Other
  • Cooling: Other
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Foundation Details: Other
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 9
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Available
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.1205
  • Lot Size Area: 0.1205
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5248.98
  • Multi Parcel ID: No
  • Parcel Number: 142337
Multi Family
Multi-Family Information
  • Number Of Buildings: 9
  • Capitalization Rate: 6.95%
  • Gross Annual Expenses: $39,270
  • Gross Annual Income: $112,200
  • Insurance Expense: $1,000
  • Net Operation Income: $72,930.00
Unit 1
  • Approximate SQFT: 1184.0
  • Average Lease Amount: $1,150.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1188.0
  • Average Lease Amount: $1,300.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 1682.0
  • Average Lease Amount: $850.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Approximate SQFT: 2377.0
  • Average Lease Amount: $850.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 5
  • Approximate SQFT: 1038.0
  • Average Lease Amount: $750.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 6
  • Approximate SQFT: 1106.0
  • Average Lease Amount: $1,500.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 7
  • Approximate SQFT: 1044.0
  • Average Lease Amount: $1,200.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 8
  • Approximate SQFT: 832.0
  • Average Lease Amount: $800.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 9
  • Approximate SQFT: 1406.0
  • Average Lease Amount: $950.00
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 417 East Morton Street

DateEvent & SourcePriceAppreciation
Mar 5, 2026

Listed (Active)

NTREIS #21199844

$1,050,000
DateEvent & SourcePrice
03/05/2026

Listed (Active)

NTREIS #21199844

$1,050,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 417 East Morton Street

Taxable ValueLand$26,145Additions$52,835Total$78,980
Tax Record2024$1,804 ($150 / month)
Home Facts
Beds0Total Finished SqFt1,184 SqFtAbove Grade Finished SqFt1,184 SqFtLot Size5,249 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated1981CountyGRAYSONAPND012 3156028

Schools near 417 East Morton Street

This home is within Denison Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Terrell Elementary School
PublicPK to 4

Henry Scott Middle
Public7 to 8

Denison High School
Public9 to 12

Pathways High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

417 East Morton Street is a multi-family home for sale in Denison, TX 75021. This property was listed for sale on March 5, 2026 by Milestone Premier Properties, it's currently listed at $1,050,000. This listing's school district is Denison Independent School District. Nearby schools include Terrell Elementary School, Henry Scott Middle and Denison High School. 417 East Morton Street is a 0-bed, 9-bath, 1,184 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Milestone Premier Properties, Greg Parks

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 03/06/2026 04:10 AM