$292,500
SOLD APR 29, 2025
Last list price

1821 N Alexander St Sherman, TX 75092

4 Beds
2 Baths
2,013 Sq Ft
8,006 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

266 Days on Market

Highlights

  • Eat-In Kitchen
  • 1-Story Property
  • Wood Fence
  • Tile Flooring
  • Central Heating and Cooling System
  • Back Yard

About This Home

As of April 2025

Great duplex in a very desirable location. It's minutes away from Fairview Park, grocery shopping, Sherman downtown, and Sherman Town Center. Each side has 2 bedrooms, 1 bath and a carport. Duplex has new shingles in 2023. Interior painted in 2021, Exterior painted 2019, Hot water heaters replaced in 2024 and 2023, and HVAC units replaced in 2023 and 2014. Great investment property. Both sides are presently under lease.

Last Agent to Sell the Property

Dale LaFoy

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0655784 Listed on: 06/26/2024

Last Buyer's Agent

Layla Fain

Easy Life Realty License #0704289

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 1956

Lot Details

  • 8,006 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Back Yard

Home Design

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

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Driveway

Schools

  • Fairview Elementary School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 2
  • Assessor Parcel Number 157806

Community Details

Overview

  • 2 Units
  • 2,013 Sq Ft Building
  • Northwood Heights Addn Subdivision

Building Details

  • Gross Income $28,680
  • Net Operating Income $22,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,194

Year Built

Built in 1956

Lot Details

0

Listing Details

  • OWNERNAME: Hoover
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 903-893-5188
  • CapRate: 7.75
  • Co List Office Mls Id: GILB00TO
  • Special Features: VirtualTour
  • Year Built: 1956

Interior Features

  • Interior Amenities: Eat-in Kitchen, Cable TV
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Gas Water Heater

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs
  • Fencing: Back Yard, Chain Link, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Carport, Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Utilities: Electricity Connected, Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Fairview
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1838
  • Parcel Number: 157806
  • Lot Size Acres: 0.1838
  • Lot Size Sq Ft: 8006.33

Building Info

  • Year Built: 1956
  • Units Total: 2

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 28680.0
  • Property Net Operating Income: 22680.0

Tax Info

  • TaxBlock: 2
  • Tax Lot: 10
  • Tax Annual Amount: 1194.0

MLS Schools

  • MiddleOrJuniorSchool: Piner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2016
Sold by
Alvarez Ruben and Alvarez Adriana
Bought by
Hoover Samantha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,750
Outstanding Balance
$64,237
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,732

Purchase Details

Closed on
Nov 6, 2006
Sold by
Varis Properties Llc
Bought by
Alvarez Ruben and Alvarez Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
R T D Properties Llc
Bought by
Varis Properties Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Red River Title Co
Vendors Lien -- Red River Title Co
Warranty Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,750 Purchase Money Mortgage
Previous Owner $91,500 Unknown
Previous Owner $87,875 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $1,295 -3.7% $1 / Sq Ft
06/25/2025 06/25/25 Price Changed $1,345 -3.6% $1 / Sq Ft
05/30/2025 05/30/25 Price Changed $1,395 -3.8% $1 / Sq Ft
04/30/2025 04/30/25 For Rent $1,450 0.0% --
04/29/2025 04/29/25 Sold -- -- --
03/20/2025 03/20/25 Pending -- -- --
12/03/2024 12/03/24 Price Changed $292,500 -2.5% $145 / Sq Ft
09/30/2024 09/30/24 For Sale $300,000 0.0% $149 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $300,000 -- $149 / Sq Ft
01/01/1970 01/01/70 Off Market -- -- --
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
2024 $5,264 $240,000 $0 $0
2023 $4,391 $200,000 $44,994 $155,006
2022 $4,565 $194,782 $49,042 $145,740
2021 $4,233 $168,865 $43,784 $125,081
2020 $2,429 $92,567 $21,612 $70,955
2019 $3,241 $120,241 $10,166 $110,075
2018 $3,546 $141,341 $7,684 $133,657
2017 $2,811 $112,911 $7,684 $105,227
2016 $2,196 $88,210 $7,684 $80,526
2015 $0 $85,437 $7,684 $77,753
2014 -- $79,017 $7,684 $71,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20655487

North Texas Real Estate Information Systems (NTREIS)

APN: 157806