New Construction - Seller Financing - Lease to Own
603-605 & 617-619 N Friendship Rd Road, Sherman, TX
$ 1,300,000
Property Attributes
  • MLS#20518975
  • TypeMulti-Family
  • CountyGRAYSON
  • CitySherman
  • NeighborhoodFriends Of Own Decoy Estates
  • Zip75092
  • StyleDuplex
  • Year Built2023
  • Taxes$ 21800
  • Price$ 1,300,000
  • Bedrooms12
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size2.008 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

2 ACRES!! NEW CONSTRUCTION: 2 DUPLEXES (4 units): Each unit has 3 Bedroom, 2 Bathroom, 2 Car Tandem Garage with front and rear garage doors, Concrete or Plank Flooring, Granite Countertops, 9 Foot Ceilings, Recessed Lighting, Subway Tile Backsplash, Undercabinet lights, Master Bathroom with Dual Sinks, Stainless Steel Appliances (including Refrigerator with Icemaker), Very Efficient with spray foam insulation throughout, Fenced back yards, Outdoor Security Lighting, generous Driveways and extra Parking, Covered Front and Rear Porches, Excellent Layout with the only shared wall in the garage so that families can live private lives, each unit has access to Ā½ acre of land since the building is located on 1 acre. EXCELLENT LOCATION outside of city limits (Low Property Tax Rate) with quick access to Highway 56, Highway 1417 and Highway 289. Texas Instruments, GlobiTech, Austin College, Lake Texoma...THE FUTURE OF TEXAS... (Monthly rent of $1995 to $2500 per unit) Call or TEXT 903-271-0007

Price History
1/24/2024 Listed $1,300,000

General Features

Heating Central,Electric,Heat Pump
Cooling Ceiling Fan(s),Central Air,Electric,Heat Pump
Utilities Aerobic Septic,Asphalt,Cable Available,City Water,Co-op Electric,Electricity Connected,Individual Water Meter,Outside City Limits
Possession Closing/Funding
Roof Composition,Shingle
Appliances Dishwasher,Disposal,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator
Number of Garage Spaces 8
School District Sherman ISD
Capitalization Rate 5.27
Year Built 2023
Tenancy Over 9 Months
Levels One
Unexempt Taxes 21800
Will Subdivide Subdivided
Gross Annual Expenses 27300.00
Property SubType Duplex
Insurance Expense 3000
Occupant Type Vacant
County Grayson
Operating Expense Includes Insurance,Maintenance Grounds,New Tax
Property Type Residential Income
Security Features Firewall(s),Security Lights,Smoke Detector(s)
Construction Materials Brick
Year Built Details New Construction - Complete
HOA Type None
Green Energy Efficient Appliances,Insulation,Thermostat
# of Buildings 2
Status Active
Directions Enjoy driving in the Northwest Quadrant of Sherman,Texas near Washington Street,Highway 1417,Highway 56 and Highway 289. There you will find this amazing subdivision scenically located down the stree
City Sherman
Buyer Agent Compensation 3
High School Sherman
Street Name Friendship Rd
Virtual Tour URL Unbranded
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Decorative Lighting,Double Vanity,Granite Counters,High Speed Internet Available,Kitchen Island,Open Floorplan,Walk-In Closet(s)
Flooring Concrete,Luxury Vinyl Plank,Painted/Stained
Occupancy Rate 50
Total Units 4
Unit Count 1
Full Baths 8
Lock Box Type Combo
Street Suffix Road
Total Bedrooms 12
Window Features Window Coverings

Exterior Features

Exterior Features Covered Deck,Covered Patio/Porch,Rain Gutters,Lighting,Private Yard
Lot Features Acreage,Cleared,Few Trees,Lrg. Backyard Grass
Fencing Back Yard,Fenced,Gate,Privacy,Wood
Garage Length 40
Garage Width 12
Lot Size Source Assessor
Parking Features Garage Single Door,Additional Parking,Concrete,Covered,Drive Through,Driveway,Garage,Garage Door Opener,Garage Faces Front,Garage Faces Rear,Inside Entrance,Lighted,Tandem
Lot Size 1 to < 3 Acres
Covered Spaces 8
Foundation Slab
Lot Size Area 2.0080
Number Of Parking Spaces 20
Lot Size Units Acres
Building Area Total 5802.00
Garage Y/N Yes
Lot Size Square Feet 87468.4800
Lot Size Acres 2.0080
Patio And Porch Features Covered,Front Porch,Patio,Rear Porch
Attached Garage Y/N Yes


  • 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 75092

AVG $540K
AVG $9,307
AVG 70
Data Provided by Inside Real Estate®
Year Built
AVG 1998

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