NOT LISTED FOR SALE

1108 W Houston St Sherman, TX 75092

Estimated Value: $326,000

4 Beds
4 Baths
2,123 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 08, 2023

Current estimated payment $2,345/month

8 Days on Market

Highlights

  • Granite Countertops
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of May 2023

Welcome to this charming 80s build brick duplex in the heart of fast growing Sherman!

This property has 2 bedrooms and 1.5 bathroom on each side, approximately 1000 SqFt of living space per unit, and also has a carport with assigned parking for both units.

Unit 1110 is move-in ready with a brand new HVAC system and duct work, as well as fresh paint and granite countertops. The unit is currently VACANT and ready for a new tenant or owner occupant to make it their own. Since this is right across the street from Wilson N. Jones Regional Medical Center, this could be a great Short Term Rental to travel nurses. The previous tenants paid $1395 per month for this unit and that lease just ended 04-01-2023.

Unit 1108 is currently leased to a wonderful long-term tenant who pays $1300 per month, and has never missed a payment. The lease is until 04-01-2024, providing a great opportunity for a HOUSE-HACK situation where a new owner can have $1300 of the mortgage paid for by this tenant.

Last Agent to Sell the Property

Shirlen Garcia Llanes

Fathom Realty, LLC License #0703005 Listed on: 04/03/2023

Fathom Realty, LLC

Last Buyer's Agent

Daniel Uselton

eXp Realty License #0720456

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,826

Year Built

  • Built in 1981

Lot Details

  • 6,438

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Wakefield Elementary School
  • Piner Middle School
  • Sherman High School

Additional Features

  • 1-Story Property
  • 6,438 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • 2,123 Sq Ft Building
  • Talltree Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,826

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 15600
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 146.01978
  • Attribution Contact: 469-231-8088
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Interior Amenities: Granite Counters
  • Appliances: Dishwasher, Gas Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 2
  • Parking Features: Carport

Utilities

  • Heating: Central
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Wakefield
  • Middle School: Piner
  • High School: Sherman
  • School District: Sherman ISD
  • Elementary School: Wakefield

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 6438.0000
  • Parcel Number: 162526
  • Lot Size Acres: 0.1478
  • Lot Size Sq Ft: 6438.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1981
  • Units Total: 2

Multi Family

  • Gross Annual Income: 15600.00
  • Insurance Expense: 1900
  • Unit Count: 2

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Wakefield
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 8, 2023
Sold by
Austin John
Bought by
Nance Devin
Seller's Agent
Shirlen Garcia Llanes
Fathom Realty, LLC
Buyer's Agent
Daniel Uselton
eXp Realty
List Price
$349,900
Views
10
Current Estimated Value
$326,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$225,000
Outstanding Balance
$218,906
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$107,094

Purchase Details

Closed on
Jun 24, 2022
Sold by
Jwatx Equities Llc
Bought by
Austin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2022
Sold by
James Richards
Bought by
Jwatx Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
May 15, 2015
Sold by
Norwood Elizabeth Michell
Bought by
Richards James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nance Devin -- Lawyers Title
Austin John -- Shaddock & Associates Pc
Jwatx Equities Llc -- None Listed On Document
Richards James A -- Grayson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nance Devin $225,000
Previous Owner Austin John $208,500
Previous Owner Jwatx Equities Llc $217,000
Previous Owner Richards James A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold -- -- --
04/11/2023 04/11/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $349,900 -- $165 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,826 $282,558 $47,137 $235,421
2024 $6,826 $311,217 $47,137 $264,080
2023 $5,195 $236,620 $41,706 $194,914
2022 $5,258 $224,363 $41,911 $182,452
2021 $4,852 $193,598 $37,735 $155,863
2020 $4,067 $154,969 $18,224 $136,745
2019 $3,030 $112,396 $9,208 $103,188
2018 $2,668 $106,355 $6,311 $100,044
2017 $2,128 $85,487 $6,311 $79,176
2016 $2,199 $88,351 $6,311 $82,040
2015 $0 $97,524 $6,311 $91,213
2014 -- $89,993 $6,311 $83,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20295042

North Texas Real Estate Information Systems (NTREIS)

APN: 162526