$449,000
$54K PRICE DROP

216 E Cherry St Sherman, TX 75090

Estimated payment $3,139/month

Total Views 6,439
6 Beds
4 Baths
3,288 Sq Ft
$137 Price per Sq Ft

Highlights

  • Open Floorplan
  • Walk-In Closet
  • Central Air
  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

Charming Brick Duplex Near Vibrant Downtown Sherman – A Prime Investment Opportunity
Nestled just blocks from the thriving heart of downtown Sherman, this beautifully crafted brick duplex offers the perfect blend of modern comfort and exceptional investment potential.
Each thoughtfully designed unit features 3 spacious bedrooms and 2 full bathrooms, complemented by sleek stainless steel appliances and contemporary finishes throughout. Enjoy the privacy of individually fenced backyards, ideal for outdoor gatherings, gardening, or simply unwinding in your own serene space.
Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property presents a rare and versatile opportunity in one of Sherman’s most sought-after locations. Schedule your tour today and check out everything this property has to offer!

Listing Agent

Luis Moran

EXP REALTY Brokerage Phone: 903-821-5803 License #0729612 Listed on: 04/15/2025

EXP REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard

Parking

  • Carport

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Washington Elementary School
  • Sherman High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 163271

Community Details

Overview

  • 2 Units
  • 3,288 Sq Ft Building
  • G 0056 Blagg Samuel A G0056 Subdivision

Building Details

  • Gross Income $40,800
  • Net Operating Income $32,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0

Listing Details

  • OWNERNAME: Graciela Moran
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 903-821-5803
  • CapRate: 7.31
  • Co List Office Mls Id: PXE01C
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:163271
  • Special Features: VirtualTour
  • Year Built: 2019

Interior Features

  • Interior Amenities: Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard
  • Roof: Asphalt
  • Construction Materials: Brick, Fiber Cement, Frame
  • Pool Features: None
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Heat Pump
  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Heating: Heat Pump
  • Utilities: Electricity Available, Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.16
  • Parcel Number: 163271
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6

Building Info

  • Year Built: 2019
  • Units Total: 2

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 40800.0
  • Property Net Operating Income: 32800.0

MLS Schools

  • MiddleOrJuniorSchool: Piner

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $9,360 $451,956 $56,320 $395,636
2024 $9,360 $426,769 $47,802 $378,967
2023 $9,160 $417,184 $21,044 $396,140
2022 $8,014 $341,929 $21,044 $320,885
2021 $8,517 $339,816 $18,797 $321,019
2020 $493 $18,797 $18,797 $0
2019 $264 $9,786 $9,786 $0
2018 $159 $6,336 $6,336 $0
2017 $133 $5,350 $5,350 $0
2016 $133 $5,350 $5,350 $0
2015 $0 $5,350 $5,350 $0
2014 -- $5,350 $5,350 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2025 06/25/25 Price Changed $449,000 -8.4% $137 / Sq Ft
05/22/2025 05/22/25 Price Changed $490,000 -2.6% $149 / Sq Ft
04/15/2025 04/15/25 For Sale $503,000 0.0% $153 / Sq Ft
02/16/2022 02/16/22 Rented $1,597 0.0% --
02/06/2022 02/06/22 For Rent $1,597 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20905359

North Texas Real Estate Information Systems (NTREIS)

APN: 163271

Texas Grayson County Sherman 75090

216 E Cherry St, Sherman, TX

For Sale

MultiFamily

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Listing Agent
Luis Moran
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EXP REALTY
(903) 821-5803