Seller's Agent in 2025
Brandy Landon
Milestone Premier Properties
(903) 818-7589
147 Total Sales
Last list price
407-409 N Burdette Ave Sherman, TX 75090
6
Beds
4
Baths
--
Sq Ft
9,148
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Central Heating and Cooling System
- High Speed Internet
- 1-Story Property
About This Home
As of April 2025Turnkey Income-Producing Duplex in Prime Sherman Location! Investors, take note! This fully leased duplex at 407-409 N Burdette Ave offers an incredible opportunity to step into a cash-flowing property with long-term tenants already in place. Each unit features 3 bedrooms, 2 bathrooms, over 1,200 sq. ft. of living space per unit and stable rental income:
Unit 407: Leased at $1,450 per month - since 2007 through 10-31-2025. We do not have current photos due to long-standing 18+ years.
Unit 405: Leased at $1,425 per month - since 2023, through 2-8-2026.
Located near major shopping, dining, and downtown Sherman, this duplex is in a high-demand rental area, making it a smart addition to any portfolio. Great residents, great location, and strong rental history-don’t miss this one!
Fully leased and part of a potential package deal, this property presents a ready-to-go income stream for savvy investors looking for immediate returns and future growth. No sign in yard. DO NOT DISTURB TENANTS. No showings will be granted without offer to purchase.
Last Agent to Sell the Property
Milestone Premier Properties Brokerage Phone: 903-462-0282 License #0690856 Listed on: 03/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,482
Year Built
- Built in 2005
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Siding
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Schools
- Henry W Sory Elementary School
- Sherman Middle School
- Sherman High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Additional Features
- 1-Story Property
- 9,148 Sq Ft Lot
Community Details
- 2 Units
- 2,414 Sq Ft Building
- Belmont Addition Replat, Lot 42 R, Subdivision
Listing and Financial Details
- Tax Lot 40-42
- Assessor Parcel Number 254966
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Apr 2, 2025
Sold by
West Legacy Llc
Bought by
Hodadea Ioan and Hodadea Dan Elena
Seller's Agent
Brandy Landon
Milestone Premier Properties
Buyer's Agent
George Milos
Nord Realty LLC
List Price
$365,000
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Grayson County Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | -- | -- | -- |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | For Sale | $365,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $6,482 | $329,875 | $48,762 | $281,113 |
| 2024 | $6,482 | $295,553 | $0 | $0 |
| 2023 | $5,408 | $246,294 | $42,475 | $203,819 |
| 2022 | $4,628 | $197,458 | $37,521 | $159,937 |
| 2021 | $4,349 | $173,527 | $13,608 | $159,919 |
| 2020 | $4,554 | $173,527 | $13,608 | $159,919 |
| 2019 | $4,145 | $153,782 | $5,085 | $148,697 |
| 2018 | $3,865 | $154,050 | $3,735 | $150,315 |
| 2017 | $2,991 | $120,139 | $1,980 | $118,159 |
| 2016 | $2,981 | $119,746 | $1,980 | $117,766 |
| 2015 | $0 | $119,746 | $1,980 | $117,766 |
| 2014 | -- | $122,422 | $3,960 | $118,462 |
Source: Public Records
Agents Affiliated with this Home
-
Brandy Landon
-
George Milos
Buyer's Agent in 2025
George Milos
Nord Realty LLC
(469) 269-2988
8 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20873910
APN: 254966
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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