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.
Est. $1,465 per month, based on comparable rentals
Sale and tax history for 492 Richerson Rd
Sale History
Tax History
Date
Event
Price
NTREIS #20940518
Jun 23, 2026
Sold
*
May 28, 2026
Pending
—
May 12, 2026
Price Changed
$209,900
$161/sq ft
Apr 13, 2026
Price Changed
$239,900
$185/sq ft
Mar 12, 2026
Price Changed
$254,900
$196/sq ft
Feb 13, 2026
Price Changed
$274,900
$211/sq ft
Jan 14, 2026
Price Changed
$289,900
$223/sq ft
Dec 10, 2025
Listed
$299,900
$231/sq ft
Public Records
Jul 8, 2019
Sold
*
NTREIS #14081024
Jul 3, 2019
Sold
*
Jul 2, 2019
Pending
—
May 16, 2019
Contingent
—
May 2, 2019
Listed
$225,000
$173/sq ft
House located on a hill with lots of Oak trees and wooded area with walking trails. No neighbors in sight. Winter view of lake across road when leaves are off of trees. Small barn for storage. Well on property but pump was removed when the house got coop water with Oak Ridge. On septic with lines through the gate in back yard. Circle drive with a level area which could be used for future barn or shop. Fenced backyard with covered patio for relaxing or entertaining. Updated kitchen with dining area and closet for washer and dryer. Living area with mock fireplace and mantle. Great views from the hill. Lots of wildlife and birds. Come enjoy the country life.
Public Records
Jul 14, 2010
Sold
*
Public Records
Aug 14, 2007
Sold
*
Public Records
Dec 28, 1946
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$6,216 (−2.8%)
$187,255 + $198,889
$386,144
2024
$6,395 (−3.1%)
$179,350 + $216,651
$396,001
2023
$6,600 (+26.4%)
$183,621 + $198,326
$381,947
2022
$5,222 (+39.3%)
$141,220 + $161,012
$302,232
2021
$3,748 (−0.7%)
$77,049 + $131,088
$208,137
2020
$3,775 (+46.6%)
$68,762 + $132,583
$201,345
2019
$2,576 (+3.1%)
2018
$2,498 (+8.8%)
2017
$2,295 (+9.3%)
2016
$2,100 (+2.3%)
2015
$2,053 (+6.5%)
$40,000 + $57,208
$97,208
2014
$1,927 (+6.9%)
2012
$1,803 (+0.6%)
$34,500 + $45,961
$80,461
2011
$1,792 (+7.8%)
$37,500 + $45,961
$83,461
2010
$1,663 (−0.4%)
2009
$1,670
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
4.86 Acres
Year renovated
2006
Sq. Ft.
1,300
Year built
1960
Style
Single Family Residential
County
Grayson County
APN
000000113276
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 7, 2026.
Property details
Parking
Parking Information
Carport Spaces: 1
Covered Spaces: 1
Parking Features: Garage, 2-Car Single Door, Outside
Parking & Garage
Has Garage
Has Attached Garage
Garage Spaces: 1
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 1
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Bedroom Information
Bedrooms Total: 3
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Decorative, Family Room, Living Room, Other
Heating & Cooling
Heating: Central, Electric
Interior Features
Room Count: 8
Appliances: Electric Cooktop, Electric Oven
Number Of Living Areas: 1
Number Of Dining Areas: 1
Living Area: 1300.00
Levels: One
Flooring: Ceramic Tile, Other
Interior Features: Cable TV Available, Cedar Closet(s), Chandelier, Granite Counters, Kitchen Island, Paneling
Laundry Features
Laundry Features: In Kitchen, Full Size W/D Area, On Site
Room 1 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 19 x 12
Room Length: 19.00
Room Width: 12.00
Room 2 Information
Room Type: Bedroom
Room Level: 1
Room Dimensions: 12 x 10
Room Length: 12.00
Room Width: 10.00
Room 3 Information
Room Type: Primary Bedrm
Room Level: 1
Room Dimensions: 13 x 12
Room Length: 13.00
Room Width: 12.00
Room 4 Information
Room Type: Bedroom
Room Level: 1
Room Dimensions: 12 x 12
Room Length: 12.00
Room Width: 12.00
Room 5 Information
Room Type: Kitchen
Room Level: 1
Room Features: Breakfast Bar, Built-in Cabinets, Eat-in Kitchen, Natural Stone/Granite Type
Room Dimensions: 13 x 13
Room Length: 13.00
Room Width: 13.00
Room 6 Information
Room Type: Bathroom
Room Level: 1
Room Features: Built-in Cabinets
Room Dimensions: 10 x 10
Room Length: 10.00
Room Width: 10.00
Room 7 Information
Room Type: Dining Room
Room Level: 1
Room Dimensions: 1 x 1
Room Length: 1.00
Room Width: 1.00
Room 8 Information
Room Type: Utility Room
Room Level: 1
Room Features: Utility Closet
Room Dimensions: 1 x 1
Room Length: 1.00
Room Width: 1.00
Exterior
Building Information
Construction Materials: Frame, Siding, Other
Exterior Features
Exterior Features: Private Yard, Other
Fencing: Metal, Partial, Wire
Patio And Porch Features: Covered
Farm Information
Barns Count: 0
Lot Information
Easements: Pipeline
Lake Pump YN: No
Lot Features: Acreage
Lot Size: 3 to < 5 Acres
Lot Size Acres: 4.8550
Lot Size Area: 4.8550
Lot Size Square Feet: 211483.8000
Lot Size Units: Acres
Other Structures: Poultry Coop, Shed(s)
Parcel Number: 113276
RATIO List Price By Lot Size Acr: 43233.77961
Will Subdivide: No
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Security Features: Unknown
Property Attached YN: No
Accessory Unit YN: No
Multi Parcel IDYN: No
Property Key: 48181|113276|1|60993429
Property Match: APN
US Property MUI: 406147560
Building Information
Year Built: 1960
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Legal Description: G-1460 COLEMAN H A & Y S A-G1460, ACRES 4.855
Unexempt Taxes: 6395
Financial Information
Buyer Financing: Cash
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: Co-op Water, Outside City Limits, Septic, Well
Location
HOA Information
Association Type: None
School Information
Elementary School: Lamar
Elementary School Name: Lamar
High School Name: Denison
Intermediate School Name: Mcdaniel
School District: Denison ISD
Location Information
County Or Parish: Grayson
Country: United States
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.
Latitude: 33.73703900
Longitude: -96.50229900
Geocode Confidence: High
Subdivision Name: Y S Dl & Ha Coleman Surv Abs #
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,300
Stories: —
Lot Size: 4.86 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 2006
County: Grayson County
APN: 000000113276
Home facts updated by county records on Jul 7, 2026