$408,500
SOLD JUL 3, 2025
Last list price

2829-2833 Peony Dr Sherman, TX 75092

6 Beds
4 Baths
2,190 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

9 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of July 2025

Great investment opportunity in a solid location! This duplex features two spacious 3 bedroom, 2 bathroom units, each with a 1 car attached garage. One side is currently occupied with a long-term tenant lease in place, providing immediate rental income, while the other unit will be vacant at the end of June, perfect for owner occupancy or new tenant placement at market rent. Each unit offers a functional layout with open living areas, ample storage, and private garages. The property offers strong rental potential in a desirable area close to schools, shopping, and major roadways.

Last Agent to Sell the Property

Clay Gilbert

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0731330 Listed on: 05/20/2025

Last Buyer's Agent

Shelly Jacob

Beyond Homes, LLC License #0575836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,237

Year Built

  • Built in 2022

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Henry W Sory Elementary School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 438103
  • Tax Block B

Community Details

Overview

  • 2 Units
  • 2,190 Sq Ft Building
  • Grove Add Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,237

Year Built

Built in 2022

Lot Details

0

Parking

1

Listing Details

  • OWNERNAME: TRP SHERMAN LP
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 903-893-5188
  • Co List Office Mls Id: GILB00TO
  • Special Features: VirtualTour
  • Year Built: 2022

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Cable TV
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 1.0
  • Total Covered Spaces: 1.0
  • Parking Features: Concrete, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance, Kitchen Level
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Electricity Connected, 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 Size Units: Acres
  • Lot Size Area: 0.17
  • Parcel Number: 438103
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2

Building Info

  • Year Built: 2022
  • Units Total: 2

Tax Info

  • TaxBlock: B
  • Tax Annual Amount: 7237.0

MLS Schools

  • MiddleOrJuniorSchool: Piner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
Jul 2, 2025
Sold by
Trp Sherman Lp
Bought by
Varghese Sujith Mathew
Seller's Agent
Clay Gilbert
C-21 DEAN GILBERT, REALTORS
Buyer's Agent
Shelly Jacob
Beyond Homes, LLC
List Price
$408,500
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,375
Outstanding Balance
$306,375
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$143,625

Purchase Details

Closed on
Nov 14, 2022
Sold by
Grove Addition Development Joint Venture
Bought by
Trp Sherman Gp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
7.08%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed -- Sentinel Title
Deed -- Red River Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,375 New Conventional
Previous Owner $1,012,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold -- -- --
05/29/2025 05/29/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $408,500 -- $187 / 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 $7,237 $318,217 $50,800 $267,417
2024 $7,237 $329,958 $56,724 $273,234
2023 $7,575 $345,000 $48,745 $296,255
2022 $69 $2,928 $2,928 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20942235

North Texas Real Estate Information Systems (NTREIS)

APN: 438103