Land with Home for Sale in Denison, Texas
492 Richerson Rd, Denison, TX 75021
Property is REO - Bring Your Ideas and Unlock the Potential of This Rare 4.855 Acre Opportunity in Denison! Investor Special! Incredible opportunity to bring this property back to life. This 3-bedroom, 1-bath home includes a living room, dining area, and 1-car garage, providing a solid foundation for a full renovation or complete redesign. Nestled on 5 beautiful acres, the property offers endless potential for expansion, outdoor living, or future development. The home requires a total rehab and is ideal for investors, fix-and-flip projects, or homeowners looking for a rural retreat they can customize from the ground up. Enjoy peaceful country living while still being just a short drive from town amenities. Surrounded by mature trees and open space, this property offers privacy, room to grow, and the freedom to create your vision. Perfect For Investors, Fix & flip, rehab projects, and Country Living Enthusiasts. Buyer and buyer's agent to verify all information, including schools, measurements, HOA, etc.
Location
- Street address
- 492 Richerson Rd
- County
- Grayson County
- Zip code
- 75021
- Community
- Y S Dl & Ha Coleman Surv Abs #
- School district
- Denison ISD
- Elevation
- 739 feet
Directions
Hwy 75 to Denison, spur 503 to Hwy 69 East on 69, North on Bells Blvd., right on Texas Street to FM 1953, right on 1753 to Richerson Road, right on Richerson Road to property on right. House on hill in trees.
Property details
- Acreage
- 4.855 acres
- MLS #
- NTREIS 20940518
- Posted
Property taxes
- Recent
- $6,395
Parcels
- 113276
Legal description
G-1460 COLEMAN H A & Y S A-G1460, ACRES 4.855
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Independent
Lot
- Features
- Acreage
Exterior
- Parking
- Garage
- Structures
- Shed(s)
- Features
- Private Yard
Structure
- Style
- Ranch
- Stories
- 1
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Central, Electric
- Materials
- Frame
Interior
- Rooms
- Bathroom, Bedroom x 3, Dining Room, Laundry Room, Utility Room
- Flooring
- Tile
- Fireplaces
- Yes
- Appliances
- Electric Cooktop, Electric Oven
- Features
- Cable Tv, Cedar Closets, Chandelier, Granite Counters, Kitchen Island, Paneling Wainscoting
Nearby schools
| Name | Type | District |
|---|---|---|
| Lamar | Elementary | Denison ISD |
| McDaniel | Middle | Denison ISD |
| Denison | High | Denison ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 29, 2026 | Under contract | $209,900 | — | NTREIS |
| May 14, 2026 | Price drop | $209,900 | $30,000 -12.5% | NTREIS |
| Apr 15, 2026 | Price drop | $239,900 | $15,000 -5.9% | NTREIS |
| Mar 13, 2026 | Price drop | $254,900 | $20,000 -7.3% | NTREIS |
| Feb 14, 2026 | Price drop | $274,900 | $15,000 -5.2% | NTREIS |
| Jan 15, 2026 | Price drop | $289,900 | $10,000 -3.3% | NTREIS |
| Dec 13, 2025 | New listing | $299,900 | — | NTREIS |