Sherman TX Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,604
Status:
Active
Beds:
12
Lot size:
0.23 Acres
Year built:
1998
Baths:
8.00
MLS#:
20759412
Subdivision:
Gregory Place

ADDITIONAL INFORMATION

For sale: a package of 2 full duplexes located across from Fairview Park in West Sherman. Each unit offers 3 bedrooms, 2 bathrooms, and a single-car garage. 2 of the 4 units have been recently updated, while the remaining 2 are in good condition but could benefit from cosmetic improvements. All roofs were replaced in 2023. This is a fantastic opportunity for investors, with Sherman's ongoing growth driven by Texas Instruments, Global Wafers, and other major developments. Perfect for cash flow or a 1031 exchange! Please do not disturb tenants.

Type:
Duplex
Sq.Ft.:
2,517
Status:
Active
Beds:
6
Lot size:
0.16 Acres
Year built:
2018
Baths:
4.00
MLS#:
20728715
Subdivision:
Carters W P Add

ADDITIONAL INFORMATION

INVESTOR'S DELIGHT! This well-maintained duplex with identical 3 bedrooms and 2 bathrooms on each side, has been rented out consistently with no vacancies! Units were built in 2018 with granite countertops and stainless-steel Energy Star rated appliances with an open planned living style. Washer and dryer units are inside. Small backyards are located outside master bedrooms. Each unit has a 1 car attached garage with a double wide driveway for extra parking. New water heater installed in unit 800. Long term tenants have each been renting for over a year. Currently occupied.

Type:
Duplex
Sq.Ft.:
2,830
Status:
Active
Beds:
7
Lot size:
0.24 Acres
Year built:
1930
Baths:
4.00
MLS#:
20732263
Subdivision:
Stowe C L Add

ADDITIONAL INFORMATION

AWESOME income producing opportunity! 100% occupied Duplex in Sherman, Tx! $2,775 a month in monthly gross income! Unit 620 is leased 7-5-25 at $1,325 a month. Unit 622 is tenant occupied through 6-30-25 at $1,450 a month. Unit 622 is 4 bed 2 bath. Unit 620 is 3 bed 2 bath. Both units remodeled with vinyl wood floors, new kitchens, appliances, bathrooms, central HVAC, fixtures, and more! Open-concept living area with plenty of natural light and space! UPDATED Kitchen with white cabinets, granite C-tops, and tile backsplash! Large Primary Bedroom with adjoining on-suite bath featuring tile shower! All bedrooms are a good size. Shared yard and plenty of parking!

Type:
Duplex
Sq.Ft.:
2,013
Status:
Active
Beds:
4
Lot size:
0.18 Acres
Year built:
1956
Baths:
2.00
MLS#:
20655487
Subdivision:
Northwood Heights Addn

ADDITIONAL INFORMATION

Great duplex in a very desirable location. It's minutes away from Fairview Park, grocery shopping, Sherman downtown, and Sherman Town Center. Each side has 2 bedrooms, 1 bath and a carport. Duplex has new shingles in 2023. Interior painted in 2021, Exterior painted 2019, Hot water heaters replaced in 2024 and 2023, and HVAC units replaced in 2023 and 2014. Great investment property. Both sides are presently under lease.

Type:
Duplex
Sq.Ft.:
2,955
Status:
Active
Beds:
4
Lot size:
0.24 Acres
Year built:
1985
Baths:
4.00
MLS#:
20609425
Subdivision:
Westwood 8th Add

ADDITIONAL INFORMATION

Type:
Apartment
Sq.Ft.:
9,065
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1946
Baths:
MLS#:
20576286
Subdivision:
G-0056

ADDITIONAL INFORMATION

This stabilized multifamily property is an ideal investment opportunity. Boasting 100% occupancy and an average of 97.5% over the past five years, the property is well-positioned in a prime location with convenient access to the downtown square and major highways. It features a diverse unit mix, including large efficiencies, 1-bedroom, and 2-bedroom apartments, with the added convenience of on-site laundry and washer-dryer hookups in the 2-bedroom units. Residents enjoy ample parking, and recent improvements include new roofs installed in September 2024, a new fence along the south side in August 2024, and a new stairwell for the duplex added in September 2024. Currently self-managed by the owner, this property offers a secure, income-generating investment with consistent occupancy in a high-demand area.The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2024 North Texas Real Estate Information Systems



Sherman Real Estate

The median home value in Sherman, TX is $234,700. This is lower than the county median home value of $244,800. The national median home value is $338,100. The average price of homes sold in Sherman, TX is $234,700. Approximately 47.9% of Sherman homes are owned, compared to 41.51% rented, while 10.58% are vacant. Sherman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sherman real estate agent to arrange a tour today!

Sherman, Texas has a population of 43,273. Sherman is more family-centric than the surrounding county with 31.8% of the households containing married families with children. The county average for households married with children is 31.12%.

The median household income in Sherman, Texas is $53,536. The median household income for the surrounding county is $62,078 compared to the national median of $69,021. The median age of people living in Sherman is 34.5 years.

Sherman Weather

The average high temperature in July is 92.4 degrees, with an average low temperature in January of 32 degrees. The average rainfall is approximately 42.2 inches per year, with 1.2 inches of snow per year.

Sherman Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    542
    30-day change

Sherman Schools and Demographics

Education near Sherman, TX

Metric City County
High School Graduates 89.19 90.34
College Degree - 2 year 10.64 11.18
College Degree - 4 year 22.26 21.76
Graduate Degree 5.36 5.21
Expenditures per Student 16,827 16,827
Students per Teacher 13.3 13.3

Elementary Schools near Sherman, TX

School Grades Students P/T Ratio ZIP
Bells Elementary PK - 05 346 14.4 75414
Crutchfield Elementary KG - 04 398 11.7 75090
Fairview Elementary School KG - 04 346 11.5 75090
Fred Douglass Early Childhood Center PK - PK 310 19.4 75090
Henry W Sory Elementary School KG - 04 593 14.2 75092
Howe Elementary School PK - 04 410 16.7 75459
Jefferson Elementary School KG - 04 277 12.6 75090
Percy W Neblett Elementary School KG - 04 462 13.1 75090
Tom Bean Elementary School PK - 05 309 14.1 75489
Wakefield Elementary PK - 04 396 13.2 75092
Washington Elementary School KG - 04 437 13.2 75090

Middle Schools near Sherman, TX

School Grades Students P/T Ratio ZIP
Dillingham Intermediate School 05 - 06 1,036 13.6 75090
Howe Middle School 05 - 08 314 11.9 75459
Piner Middle School 07 - 08 1,004 15.3 75090
Pritchard Junior High School 06 - 08 194 11.6 75414
Tom Bean Middle School 06 - 08 155 11.4 75489

High Schools near Sherman, TX

School Grades Students P/T Ratio ZIP
Bells High School 09 - 12 212 9.7 75414
Howe High School 09 - 12 300 10.1 75459
Sherman High School 09 - 12 1,780 14.9 75090
Tom Bean High School 09 - 12 222 12.8 75489

Ungraded Schools near Sherman, TX

School Grades Students P/T Ratio ZIP
AEP Campus UG - UG 0 75459

Demographics near Sherman, TX

Metric City County
Neighborhood Type Suburban
Population 43,273 134,205
Population Density 985 144
Median Age 34.5 39.1
People per Household 2.6 2.6
Median Household Income 53,536 62,078
Average Income per Capita 26,379 31,081