Sherman, TX 75090,1201 S Travis Street
$180,000
Est.Price: ?

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4 BD
2 BA
1,728 SqFt

1201 S Travis Street Sherman, TX 75090

Est. payment /mo
SOLD DATE : 09/09/2020

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902

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

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

Bedrooms 4

Full Baths 2

Year Built 1999

Annual Tax Amount $4,458

Lot Size 0.344 Acres

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

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank

Exterior

Fence Chain Link, Wood

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

Roof Type Composition

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

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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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

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Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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