For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Grayson 75021
2233 Shannon Road
$400,000
● House - Off Market

2233 Shannon Road

Denison, TX 75021
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,495 Ft²
$2,666
Est. Monthly
4.69%
Cap Rate

About This Property

OUTSIDE CITY LIMITS!  Just under 17 acres scattered with mature trees and a seasonal creek. Escape the hustle and bustle of city life with this secluded oasis that is just off of Texoma Parkway. This charming 4 bedroom, 2.5 bathroom home offers the perfect blend of modern comfort and homestead charm. Cozy up by the wood burning fireplace in the spacious living room or enjoy fresh air and sunshine in your very own garden space. With plenty of room to raise animals or simply relax in peace, this property is a nature lover's dream. Conveniently located close to both Sherman and Denison, you'll have easy access to shopping, dining, and entertainment while still enjoying the serenity of country living. Don't miss out on this unique opportunity to make this house your forever home!
Unit Size
1,495 Ft²
Days on Market
-
Land Size
16.90 acres
Price per sqft
$278
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
2007

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20678141)

Price History

Date / Event Date Event Price
Nov 20, 2024 Sold
Premium
Sold
Nov 4, 2024 In contract -
In contract
Oct 16, 2024 Price Decreased $414,900
↓ $10K (2.4%)
Price Decreased
Jul 18, 2024 Listed by C-21 DEAN GILBERT, REALTORS $424,900
Listed by C-21 DEAN GILBERT, REALTORS

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 185,566
  • Total Building Area: 1,495
  • Building Area: 1,495
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,495
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JONES THOMAS A-G0634
  • Land Acres: 0000004260
  • Standard Land Use Code: 1000
  • County Land Use Code: E
  • State Land Use Code: E
  • Mobile Home Indicator: T
  • Legal Description 1: G-0634 JONES THOMAS A-G0634, ACRES 4.26

Neighborhood

  • School District Name: Sherman Independent School District
  • Census Tract: 000600

Geography

  • Assessors Map Reference: 218-E
  • Parcel: 115876
  • Municipality: UNINCORPORATED
  • Latitude: 33.7088
  • Longitude: -96.5575

    Address

  • Full Address: 2233 Shannon Rd
  • Address - House Number: 2233
  • Address - Street Name: Shannon
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Denison
  • Carrier Code: R005
  • 4-Digit Zip Code: 3171
  • Zip Code: 75021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $170,458
  • Tax Rate Code Area: SSH

    Appraisal Valuation

  • Standard Deviation: 0.2587
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 292,175
  • High Value: 367,767
  • Low Value: 216,582

    Market Valuation

  • Market Total Value: $50,814
  • Market Land Value: $50,814

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,814
  • Assessed Land Value: $50,814
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grayson

Stats & Trends

Median Asking:

$304,945

Sale Price/ft²

$171

Above Asking

0.00%

Average Days on Market

87

Average Home Size

2120 ft²

Average Home Age

31.8 years

Currently For Sale

1475 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3309 Catamount Drive, Sherman, TX, 75090

$2,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,315 ft²
3309 Catamount Drive, Sherman, TX, 75090 Listing by Saba Nizami

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Grant Gilbert, C-21 DEAN GILBERT, REALTORS
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20678141
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2233 Shannon Road built and last sold?
The property at 2233 Shannon Road was built in 2007 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2233 Shannon Road is $0.
What are some comparable homes to 2233 Shannon Road?
There are currently no comparable homes to 2233 Shannon Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
East Grayson Homes for Sale
East Grayson Houses for Sale
East Grayson Townhouses for Sale
East Grayson Multifamily for Sale
East Grayson Land for Sale
East Grayson Commercial for Sale
East Grayson Homes with Basements
East Grayson Homes with Pools
Nearby Cities
McKinney Homes for Sale
Plano Homes for Sale
Frisco Homes for Sale
Allen Homes for Sale
Carrollton Homes for Sale
Richardson Homes for Sale
Little Elm Homes for Sale
Prosper Homes for Sale
Nearby Property Records
Grayson County, TX Property Records
Fannin County, TX Property Records
Bryan County, OK Property Records
Collin County, TX Property Records
Marshall County, OK Property Records
Hunt County, TX Property Records
Johnston County, OK Property Records
Delta County, TX Property Records
Neighborhoods
Stonebridge Ranch Real Estate
Craig Ranch Real Estate
Canyon Creek Real Estate
Castle Hills Real Estate
Prestonwood 19-20-21 Real Estate
Savannah Real Estate
Eldorado Real Estate
Twin Creeks Real Estate
Nearby Counties
Plano Homes for Sale
Pilot Point-Aubrey Homes for Sale
McKinney Homes for Sale
Celina Homes for Sale
Anna Homes for Sale
The Colony Homes for Sale
Carrollton Homes for Sale
Princeton Homes for Sale
Top Real Estate Agents
Top Agents in East Grayson
Top Agents in Plano
Top Agents in Pilot Point-Aubrey
Top Agents in McKinney
Top Agents in McKinney
Top Agents in Plano
Top Agents in Frisco
Top Agents in Celina