$419,000
$80K PRICE DROP

116 S Holly Ave Unit 118 Sherman, TX 75092

Estimated payment $2,967/month

Total Views 6,255
6 Beds
4 Baths
2,862 Sq Ft
$146 Price per Sq Ft

Highlights

  • Wood Flooring
  • Interior Lot
  • Central Heating and Cooling System
  • Private Yard
  • Patio
  • High Speed Internet

About This Home

Calling all Investors! Fully occupied duplex with each unit offering 3 bedrooms with 1 full bath and 1 half bathroom. Each unit has a private, fenced, backyard area. Parking is shared in the back as well as street parking. New roof in 2023! Close to local parks, hospitals, schools and more! Sherman is a growing community and these properties are in high demand. The current lease expirations are as follows: Unit 116 is up March 1, 2025 and Unit 118 is up April 8, 2025.

Listing Agent

Robert Blackman

Solvent Realty Group Brokerage Phone: 214-327-0894 License #0482162 Listed on: 12/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,073

Year Built

  • Built in 2000

Lot Details

  • 8,407 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Private Yard

Home Design

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

Interior Spaces

  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Shared Driveway
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Patio

Schools

  • Henry W Sory Elementary School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 3
  • Assessor Parcel Number 162533

Community Details

Overview

  • 2 Units
  • 2,862 Sq Ft Building
  • Elliotts Gray Hillreplat Subdivision

Building Details

  • Gross Income $33,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,073

Year Built

Built in 2000

Lot Details

0

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 214-327-0894
  • Co List Office Mls Id: NXHR01
  • Special Features: VirtualTour
  • Year Built: 2000

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Ceramic Tile, Laminate, Wood
  • Appliances: Dishwasher, Electric Cooktop, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Private Yard
  • Pool Features: None
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Driveway, On Site, Shared Driveway, On Street
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Henry W Sory
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.193
  • Parcel Number: 162533
  • Lot Size Acres: 0.193
  • Lot Size Sq Ft: 8407.08

Building Info

  • Year Built: 2000
  • Units Total: 2

Tax Info

  • TaxBlock: 3
  • Tax Lot: 4
  • Tax Annual Amount: 8073.0

Multi Family

  • Annual Gross Income: 33300.0

MLS Schools

  • MiddleOrJuniorSchool: Piner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,073 $363,163 $60,312 $302,851
2024 $8,073 $368,070 $60,144 $307,926
2023 $7,962 $362,656 $53,068 $309,588
2022 $7,017 $299,392 $49,239 $250,153
2021 $7,230 $288,454 $44,016 $244,438
2020 $6,186 $235,719 $22,680 $213,039
2019 $5,506 $204,278 $10,164 $194,114
2018 $4,951 $197,335 $7,980 $189,355
2017 $3,951 $158,724 $7,980 $150,744
2016 $4,086 $164,128 $7,980 $156,148
2015 $0 $160,363 $7,980 $152,383
2014 -- $147,781 $7,980 $139,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Price Changed $419,000 -6.7% $146 / Sq Ft
04/09/2025 04/09/25 Price Changed $449,000 -2.2% $157 / Sq Ft
03/27/2025 03/27/25 Price Changed $459,000 -1.3% $160 / Sq Ft
01/23/2025 01/23/25 Price Changed $465,000 -2.1% $162 / Sq Ft
01/10/2025 01/10/25 Price Changed $475,000 -4.8% $166 / Sq Ft
12/08/2024 12/08/24 For Sale $499,000 +26.3% $174 / Sq Ft
06/30/2023 06/30/23 Sold -- -- --
06/07/2023 06/07/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $395,000 0.0% $138 / Sq Ft
02/23/2018 02/23/18 Rented $975 0.0% --
02/16/2018 02/16/18 Under Contract -- -- --
12/05/2017 12/05/17 For Rent $975 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Deed -- Red River Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,500 New Conventional
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20793273

North Texas Real Estate Information Systems (NTREIS)

APN: 162533