Sherman, TX 75092 1408 Park Place # 1402, 1404, 1408
$575,000
35 more
- MLS# 20795147
- 12/12/2024
Presented By: Kimberly Hudgins with PARAGON, REALTORS; 903-893-8174
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 9
Baths • 6
SQFT • 3,441
Garage • 3
Year Built • 2013
Home Details
Excellent investment opportunity in rapidly growing Sherman, TX. Triplex with three units, each consisting of 3 bedrooms, 2 bathrooms, plus one car garage. Fenced backyards. Great for cash flow or 1031 exchange. Located near Fairview Park and schools. 1402 leased through February 2026 for $1395 per month, 1408 currently leased for $1395 through September 2025, 1404 leased through February 2026 for $1395.
Presented By: Kimberly Hudgins with PARAGON, REALTORS; 903-893-8174
Interior Features for 1408 Park Place # 1402, 1404, 1408
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, CeramicTile
Heating Y/NYes
Total Fireplaces
Window FeaturesWindowCoverings
General for 1408 Park Place # 1402, 1404, 1408
Additional Parcels Y/NNo
AppliancesDishwasher
Attached Garage Yes
AttributionContact903-893-8174
Cap Rate0.0
Carport Spaces0.0
Carport Y/NNo
CitySherman
Construction MaterialsBrick
CoolingCentralAir, Electric
CountyGrayson
DirectionsHwy 75 to West on Taylor Street. Proceed to left on Park Place. Property will be around corner on the left.
Electric On Property Y/NNo
Elementary SchoolFairview
Elementary School DistrictSherman ISD
ExclusionsTenant personal belongings.
Full Baths6
Garage Spaces3.0
Garage Y/NYes
Gross Income0.0
HOANo
HeatingCentral, Electric
High SchoolSherman
High School DistrictSherman ISD
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesHighSpeedInternet, MultipleStaircases, CableTv
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionFAIRVIEW PARK PATIO HOMES REPLAT LOTS 1-7, BL
LevelsThreeOrMore
Lot Size Square Feet16204.32
Lot Size UnitsAcres
Middle/Junior High SchoolPiner
Middle/Junior School DistrictSherman ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-14T21:47:51.937-00:00
Net Operating Income0.0
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow, SubjectToTenantRights
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameFairview Park Patio Homes Repl
Tax Annual Amount12502.0
Tax Lot1
Unit Number1402, 1404, 1408
UtilitiesSewerAvailable, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2013
Year Built DetailsPreowned
Exterior for 1408 Park Place # 1402, 1404, 1408
Building Area Total3441.0
Covered Spaces3.0
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSubdivision, Sloped
Lot Size Acres0.372
Lot Size Area0.372
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway, Enclosed, GarageFacesFront, Garage
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Sherman High School
Middle School
Piner Middle School
Elementary School
Fairview Elementary School
Suzanne Smith
Broker/Owner