Tour
$1,781 Closing Credit¹
#20918271, Kelli Valle, Listing Office: Keller Williams Legacy
$165,000 List price
616 Rice St Denison, TX 75020
$1,959
Closing credit¹
3 beds
1 full
1,964 sqft
0.3 acres
$84 / sqft
House
Property details
About 616 Rice St
This unique investment opportunity includes two tenant-occupied properties on Rice Street, being sold together as part of a 7-property portfolio. The first home, built in 1930, features 3 bedrooms, 1 bath, and 1,268 sqft of living space. It offers solid rental income with room for added value through light rehab. The second home, built in 1985, is a newer 2-bedroom, 2-bath property with 1,184 sqft, requiring only minor cosmetic updates to maximize its potential. Both properties are cash-flowing and ideal for investors seeking turnkey rentals with upside. Please note: these properties will not qualify for FHA or VA financing. A 1-week notice is required for all showings, and proof of funds or a pre-approval letter must be submitted prior to scheduling. Do not disturb tenants.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,964 sqft
Lot size0.292 Acres
Year built1930
ParkingOpen
MLS #20945604
FireplaceWood Burning
Summary
- Full Bathrooms: 1
- Basement: No
- Interior: High Speed Internet
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Open
- Architectural Style: Detached
- List Price: $165,000
- Price/SqFt: $84
- Annual Tax Amount: $1,721
- Tax Year: 2024
- Directions: GPS
- Year Built: 1930
- Living Area: 1,964 SqFt
- Lot Size: 0.292 Acres
- MLS Number: 20945604
- MLS Name: NTR
- Office Name: eXp Realty LLC
- Office Phone: (888) 519-7431
- Listing Agent: Cory Meals
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/29/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$165,000
616 Rice St
$1,959
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $74,416 | $1,721 |
| 2023 | $85,412 | $1,721 |
| 2022 | $72,466 | $1,721 |
| 2021 | $52,270 | $867 |
| 2020 | $34,411 | $867 |
| 2019 | $40,049 | $1,226 |
| 2018 | $44,556 | $1,226 |
| 2017 | $7,297 | $202 |
History based on county public records data.
Nearby schools
4
Lamar Elementary School
Public District PK-4
1.4 mi
•1000 S 5th Ave
7
Houston Elementary School
Public District PK-4
1.5 mi
•1100 W Morgan St
7
Hyde Park Elementary School
Public District PK-4
1.9 mi
•1701 S Hyde Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,506. Most Denison, TX residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
50%
35k-100k
3%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
42%
Single, No Kids
18%
Single, with Kids
24%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 616 Rice St
The listing price of 616 Rice St property is $165,000.
The property 616 Rice St is a house located in Denison, Texas, 75020.
Active Listing: 616 Rice St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 616 Rice St are: Lamar Elementary School (GreatSchools Rating 4/10), Houston Elementary School (GreatSchools Rating 7/10), Hyde Park Elementary School (GreatSchools Rating 7/10), Scott Middle School (GreatSchools Rating 4/10), Sherman Middle School (GreatSchools Rating 4/10), Pottsboro Middle School (GreatSchools Rating 7/10), Pathways High School (GreatSchools Rating 3/10), Denison High School (GreatSchools Rating 6/10), Sherman High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,721 (source: MLS/based on county public records data).
The property at 616 Rice St has 3 bedrooms and 1 bathroom.
The property 616 Rice St is 1,964 SqFt (source: MLS/tax record).
The year of construction for 616 Rice St is 1930.
This home is located at 616 Rice St in Denison, TX and zip code 75020. This 1,964 square foot home, which was built in 1930, sits on a 0.29 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $165,000.
The inventory of homes for sale in Denison, TX between March and April 2025 increased by 8.5%. The median list price of listings available in April 2025 was $246,247, while the average time on the real estate market was 100 days.
From Rocket Homes Real Estate and based on county public records data.