Address
826 S Travis Street, Sherman, TX
Price
$ 1,806,000
Property Attributes
  • MLS#20487038
  • TypeMulti-Family
  • CountyGRAYSON
  • CitySherman
  • NeighborhoodHare & Randolph Add
  • Zip75090
  • StyleApartment
  • Price$ 1,806,000
  • Bedrooms22
  • Full Bathrooms14
  • Half Bathrooms0
  • Lot Size0.46 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Located in Sherman TX a growing city just 40 miles north of DFW Metroplex, one of the fastest growing metroplex in the United States. This property offers an investor an upside by increasing rental values,. This multifamily property consists of 14 units, it is a great mix between one bedroom and two bedrooms. It has maintained a healthy occupancy since ownership. All units have been renovated with new flooring, kitchen countertops, and paint. It offers residents onsite laundry and a gated entry. It is minutes away from shopping, restaurants, and Multifamily Housing is in high demand in the Sherman-Dennison Market with new wafer manufacturing facilities coming to market.

Elementary School
Washington Elementary School
Price History
12/4/2023 Listed $1,806,000

General Features

Heating Other
Complex Name Travis Park
Cooling Wall/Window Unit(s)
Utilities City Sewer,City Water,Concrete,Individual Water Meter
Possession Closing/Funding,Negotiable
Roof Composition
Appliances Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range,Microwave,Refrigerator
School District Sherman ISD
Capitalization Rate 5.83
Year Built 1965
Community Features Greenbelt,Laundry
Levels Two
Will Subdivide No
Gross Annual Expenses 46301.00
Property SubType Apartment
Subdivision Name Hare & Randolph Add
Insurance Expense 9663
County Grayson
Property Type Residential Income
Security Features Security Gate,Smoke Detector(s),Unknown
Construction Materials Other
Year Built Details Preowned
HOA Type None
# of Buildings 2
Status Active
Directions Use GPS
City Sherman
Buyer Agent Compensation 3
Elementary School Name Washington
High School Sherman
Street Name Travis
Elementary School Washington
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20487038
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Other
Flooring Carpet,Vinyl
Total Units 14
Unit Count 2
Full Baths 14
Lock Box Type See Remarks
Street Suffix Street
Total Bedrooms 22
Window Features Window Coverings

Exterior Features

Exterior Features Courtyard,Dog Run
Lot Features Landscaped,Level
Lot Size Source Public Records
Parking Features Asphalt,Assigned,Common,Lighted
Foundation Pillar/Post/Pier
Lot Size Area 0.4600
Number Of Parking Spaces 14
Lot Size Units Acres
Building Area Total 10236.00
Lot Size Square Feet 20037.6000
Lot Size Acres 0.4600
Patio And Porch Features See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 75090

Price
AVG $860K
$1.81M
Visits
AVG 54
121
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1965

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