Sherman, TX 75092 916-918 W Houston Street
$375,000
14 more
- MLS# 20863024
- 03/06/2025
Presented By: Brandy Landon with Milestone Premier Properties; 903-462-0282
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 6
Baths • 4
SQFT • 2,356
Garage • 2
Year Built • 1998
Home Details
Investment Opportunity in Sherman, TX! Presenting a fully occupied duplex at 916-918 Houston Street, a prime investment opportunity in the vibrant community of Sherman. This property boasts two units: 916 Houston renting at $1,450 has been tastefully updated - as shown in pictures. 918 Houston renting at $1,400 retains a long-standing tenant - unit has not been updated. This duplex is one of two duplexes selling and can be purchased as a package. Each unit equipped 3 bedrooms, 2 bathrooms, with rear access and a 1-car garage, offering ample space for parking. Situated in a sought-after area of Sherman, residents benefit from a host of nearby amenities including shopping, dining, parks, and schools. Fully leased and part of a potential package deal, this property presents a ready-to-go income stream for savvy investors looking for immediate returns and future growth. No sign in yard. DO NOT DISTURB TENANTS. No showings will be granted without offer to purchase.
Presented By: Brandy Landon with Milestone Premier Properties; 903-462-0282
Interior Features for 916-918 W Houston Street
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCeramicTile, LuxuryVinylPlank
Heating Y/NYes
Interior AmenitiesHighSpeedInternet
General for 916-918 W Houston Street
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Refrigerator
Attached Garage Yes
AttributionContact903-462-0282
Cap Rate6.42
Carport Y/NNo
CitySherman
Construction MaterialsBrick
CoolingCentralAir
CountyGrayson
DirectionsN Hwy 75 Sherman, TX
Get on US-75 S from N Hwy 75-N Sam Rayburn Fwy
Follow US-75 S to N Hwy 75-N Sam Rayburn Fwy. Exit from US-75 S
Continue on N Hwy 75-N Sam Rayburn Fwy. Drive to TX-56 W-W Housto
Electric On Property Y/NNo
Elementary SchoolFairview
Elementary School DistrictSherman ISD
Full Baths4
Garage Spaces2.0
Garage Y/NYes
Gross Income34200.0
HOANo
HeatingCentral
High SchoolSherman
High School DistrictSherman ISD
Home Warranty Y/NNo
Insurance Expense2346.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet7492.32
Lot Size UnitsAcres
Middle/Junior High SchoolSherman
Middle/Junior School DistrictSherman ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-16T15:41:45.887-00:00
Net Operating Income24088.0
New ConstructionNo
Number Of Units Total2
Pool FeaturesNone
PossessionCloseOfEscrow, SubjectToTenantRights
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Subdivision NameGRAYS G Y 2ND ADDN, BLOCK 3, 50X150, ACRES
Tax Annual Amount7766.0
Tax Lot5
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1998
Year Built DetailsPreowned
Exterior for 916-918 W Houston Street
Building Area Total2356.0
Covered Spaces2.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.172
Lot Size Area0.172
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway, Garage
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Sherman High School
Elementary School
Fairview Elementary School
Middle School
Sherman Middle School
Suzanne Smith
Broker/Owner