Sherman, TX 75090 701 E College Street
$200,000
1 more
- MLS# 20907983
- 04/17/2025
Presented By: Nathan McKenzie with DHS Realty; 214-789-2080
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
SQFT • 1,010
Year Built • 2004
Home Details
INVESTOR SPECIAL – LEASED & CASH-FLOWING!
Tenant just signed a 2-year lease at $1,500 per month — strong cash flow with only 20% down!
This fully renovated 3-bed, 2-bath gem sits just minutes from the heart of Sherman. Recent upgrades include a brand-new roof, fresh interior & exterior paint, and new bedroom flooring, giving the home a clean, modern edge. Don’t miss your opportunity to secure a low-hassle, high-return investment in one of Sherman’s hottest rental markets!
Presented By: Nathan McKenzie with DHS Realty; 214-789-2080
Interior Features for 701 E College Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
General for 701 E College Street
Additional Parcels Y/NNo
AppliancesBuiltInGasRange, GasRange
Attached Garage No
AttributionContact214-789-2080
Cap Rate2.5
Carport Y/NNo
CitySherman
Construction MaterialsBoardAndBattenSiding
CoolingElectric
CountyGrayson
DirectionsPlease See Maps
Electric On Property Y/NNo
Elementary SchoolDillingham
Elementary School DistrictSherman ISD
Garage Y/NNo
Gross Income18000.0
HOANo
HeatingElectric
High SchoolSherman
High School DistrictSherman ISD
Home Warranty Y/NNo
Insurance Expense1900.0
Interior FeaturesOther, Pantry
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCARTERS W P ADDN, BLOCK 12, LOT 23 & 24, ACRE
LevelsOne
Lot Size Square Feet6011.28
Lot Size UnitsAcres
Middle/Junior High SchoolPiner
Middle/Junior School DistrictSherman ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-18T10:11:08.803-00:00
Net Operating Income5000.0
New ConstructionNo
Number Of Units Total1
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Subdivision NameCarters W P Add
Tax Annual Amount2805.0
Tax Lot23
UtilitiesWaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2004
Year Built DetailsPreowned
Exterior for 701 E College Street
Building Area Total1010.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.138
Lot Size Area0.138
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesConcrete, NoGarage
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Sherman High School
Middle School
Piner Middle School
Elementary School
Dillingham Elementary School
Suzanne Smith
Broker/Owner