NOT LISTED FOR SALE

224 E Lake St Unit 226 Sherman, TX 75090

Estimated Value: $243,616 - $280,000

2 Beds
1 Bath
1,779 Sq Ft
$147/Sq Ft Est. Value

Highlights

  • 1-Story Property
  • Ceiling Fan
  • Dogs and Cats Allowed
  • Central Heating and Cooling System

About This Home

As of March 2023

Amazing renovated half duplex available for rent now. Remodeled kitchen with granite countertops and stainless appliances, vinyl wood flooring, new fixtures, remodeled bathrooms, and so much more.

Pets OK with deposit. Must make approximately 3x the rent as income.

FYI First month’s rent isn’t due until move in. Security deposit is equal to one month’s rent and is due when approved and signing your lease.

Last Agent to Rent the Property

Michael Slaughter

OmniKey Realty, LLC. License #0554015 Listed on: 03/21/2023

Last Renter's Agent

Non-NTREIS MLS Licensee

NON MLS

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1968

Lot Details

  • 6,882

Home Design

  • Duplex
  • Half Duplex
  • Attached Home
  • Siding

Interior Spaces

  • 1,779 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Jefferson Elementary School
  • Sherman Middle School
  • Sherman High School

Additional Features

  • 6,882 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,150
  • Tenant pays for all utilities
  • $75 Application Fee
  • Assessor Parcel Number 166553
  • Tax Block 2

Community Details

Overview

  • Southside Add Subdivision

Pet Policy

  • Pet Deposit $300
  • $20 Monthly Pet Rent
  • 3 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Year Built

Built in 1968

Lot Details

0

Rental Info

  • PetsAllowed: Yes, Breed Restrictions, Cats OK, Dogs OK, Number Limit
  • Deposit Amount: 1150
  • Pet Deposit: 300
  • Lease Conditions: Application Fee, Written Application (+)
  • Lease Type: Yearly, 1 Year Plus
  • Monthly Pet Fee: 20
  • Number Of Pets Allowed: 3
  • Tenant Pays: All Utilities
  • Application Fee: 75

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Structural Style: Attached or 1/2 Duplex
  • Unit Levels: One
  • Restrictions: No Smoking, No Sublease, No Waterbeds, Pet Restrictions
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 972-480-8280
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Square Footage: 1779.00
  • Appliances: Dishwasher, Disposal, Electric Range
  • Basement YN: No
  • Number Of Living Areas: 1
  • Room Count: 2
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Construction Materials: Siding, Other

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Vehicles: 2
  • Parking Features: On Street
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Association Type: None
  • Number Of Days Guests Allowed: 14

Schools

  • School District: Sherman ISD
  • Elementary School: Jefferson

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size Units: Acres
  • Lot Size Area: 0.1580
  • Parcel Number: 166553
  • Lot Size Acres: 0.1580
  • Lot Size Sq Ft: 6882.4800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1968

Tax Info

  • TaxBlock: 2

MLS Schools

  • Middle School Name: Sherman
  • Elementary School Name: Jefferson
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jan 27, 2023
Sold by
Evolution Realty Llc
Bought by
Real Income Properties Texas I Llc
Seller's Agent
Michael Slaughter
OmniKey Realty, LLC.
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
Current Estimated Value
$258,821

Purchase Details

Closed on
May 17, 2021
Sold by
Latva Michael and Latva Terry
Bought by
Evolution Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2006
Sold by
Hamers Linda F
Bought by
Latva Michael and Latva Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,912
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Real Income Properties Texas I Llc -- Kane Title
Evolution Realty Llc -- Alamo Title Company
Latva Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evolution Realty Llc $170,000
Previous Owner Latva Michael $52,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2023 03/21/23 Rented $1,150 0.0% --
03/21/2023 03/21/23 For Rent $1,150 -- --
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 $5,325 $228,929 $58,512 $170,417
2024 $5,325 $242,799 $56,373 $186,426
2023 $3,223 $146,802 $41,289 $105,513
2022 $3,105 $132,505 $42,567 $89,938
2021 $2,605 $103,923 $26,151 $77,772
2020 $2,308 $87,953 $14,214 $73,739
2019 $1,842 $68,322 $9,729 $58,593
2018 $1,285 $51,207 $6,279 $44,928
2017 $1,127 $45,267 $2,760 $42,507
2016 $1,373 $55,143 $2,760 $52,383
2015 $1,221 $49,166 $2,760 $46,406
2014 -- $49,166 $2,760 $46,406
Source: Public Records

Agents Affiliated with this Home

  • Michael Slaughter

    Landlord's Agent in 2023

    Michael Slaughter

    OmniKey Realty, LLC.

    (833) 666-4539

    4 in this area

    46 Total Sales

    Michael Slaughter
    Section Image

  • N

    Tenant's Agent in 2023

    Non-NTREIS MLS Licensee

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20284676

North Texas Real Estate Information Systems (NTREIS)

APN: 166553

Texas Grayson County Sherman 75090

224 E Lake St Unit 226, Sherman, TX

Not Listed for Sale

Townhouses

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