Sherman, TX 75090,1201 S Travis Street
Sherman, TX 75090,1201 S Travis Street
Sherman, TX 75090,1201 S Travis Street
Sherman, TX 75090,1201 S Travis Street
Sherman, TX 75090,1201 S Travis Street
Sherman, TX 75090,1201 S Travis Street
See all 30 photos

$180,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

1,728 SqFt


SOLD DATE : 09/09/2020

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,728 sqft

Price per Sqft $104

Subdivision Moore M B Add

MLS Listing ID 14402950

Sold Date 09/09/20

Bedrooms 4

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1728

Year Built 1999

Annual Tax Amount $4,458

Lot Size 0.344 Acres

Acres 0.344

Property Description

Incredibly well maintained investment property for the investor looking to purchase an asset in a fantastic rental market. Each side has 2 bed and 1 bath and side A is leased at $875mo and side B for $825mo, yielding a gross income of $20400 a year which can equate to a 7.5% cap rate. Both units are fully electric, have individual water and electric meters and have separately fenced back yards . Excellent location close to downtown Sherman and the development taking place at highway 75 and 1417. Side A has been fully remodeled and side B is in great condition. Owner has always had steady tenants and has been proactive to maintained the property when needed. Side B will be coming up for lease in September.

Location

State TX

County Grayson

Direction Located approximately 1 mile from downtown Sherman on Travis St.

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank

Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Plumbed for Ice Maker, Vented Exhaust Fan, Electric Water Heater

Heat Source Central, Electric

Exterior

Fence Chain Link, Wood

Utilities Available All Weather Road, City Sewer, City Water, Individual Water Meter

Roof Type Composition

Parking Type Covered, Garage Faces Front

Total Parking Spaces 2

Garage Yes

Building

Lot Description Corner Lot, Few Trees

Story One

Foundation Slab

Structure Type Siding

Schools

Elementary Schools Washington

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Ownership ZLM Properties, LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Terrin Bertholf • Easy Life Realty
Bought with Jibran Najmi • Corey Simpson & Associates
agent-avatar

Making real estate fast, fun and stress-free!

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.