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$899,000

1901 W Shields 1903, 1905, 1907, 1909, 1, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Beds12 Beds
Baths12 Bath
Baths7,344 Sq Ft
DuplexDuplex
price_per_sqft$122.41 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms 12Bedrooms 12
Bathrooms 12Bathrooms 12
AppliancesDishwasher, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesSport Court

About this property

Investor special! A one of a kind opportunity to own three well maintained duplexes totaling six income producing units in growing Sherman, Texas. Currently 100% leased, this property offers an established rental portfolio with practical features tenants appreciate, including carports, in unit laundry and yards with select units. Low maintenance grounds and a longtime groundskeeper located just minutes away add convenience to ongoing upkeep. Sherman’s expanding employment base includes Texas Instruments’ new semiconductor manufacturing campus and the recently opened GlobalWafers America facility. Area attractions include historic downtown Sherman’s local dining, shopping and cultural events. Whether expanding an existing portfolio or entering the multifamily market, this distinctive six unit offering combines full occupancy, well maintained improvements and a location in a community experiencing significant investment.

Investor Tools

$0Estimated Mortgage Balance
$899,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Sherman

1901 W Shields 1903, 1905, 1907, 1909, 1 | Property Details | No Agent List