NOT LISTED FOR SALE

524 N Woods St Sherman, TX 75092

8 Beds
8 Baths
-- Sq Ft
0.52 Acres

Last Sold November 21, 2022

7 Days on Market

Highlights

  • 4 Fireplaces
  • Granite Countertops
  • Tile Flooring
  • Corner Lot
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of November 2022

Incredible investment opportunity! Two duplexes in the heart of Sherman conveniently located to downtown and highway 75. Each unit has 2 bedrooms and 2 full bathrooms with 2 separate living areas and access to fenced-in back patio. Each unit has two parking spots, one covered and one open. All units are currently tenant occupied with leases not expiring until 2023. Some upgrades have been made to each unit including updated vinyl flooring and granite countertops in #530. Don't miss this great opportunity!

Last Agent to Sell the Property

Stacey Olmstead

PARAGON, REALTORS License #0480076 Listed on: 10/07/2022

PARAGON, REALTORS

Last Buyer's Agent

Cody Carson

License #0643418

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.52 Acre Lot
  • Wood Fence
  • Corner Lot

Home Design

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

Interior Spaces

  • 1-Story Property
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • Common or Shared Parking
  • Open Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Wakefield Elementary School
  • Piner Middle School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Buildings
  • 4 Units
  • 5,653 Sq Ft Building
  • Shannon T J Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162419
  • Tax Block 3
  • $13,826 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 32200
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 97.29347
  • Attribution Contact: 903-893-8174
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Windows: Window Coverings
  • Fireplace Features: Brick, Wood Burning
  • Interior Amenities: Granite Counters, High Speed Internet Available, Tile Counters
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Fireplaces: 4

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Waterfront: No
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Number Of Parking Spaces: 8
  • Parking Features: Carport, Common, Covered, Open
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: All Weather Road, City Sewer, City Water, Curbs

Condo/Co-op/Association

  • Complex Name: n-a
  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Wakefield

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.5160
  • Parcel Number: 162419
  • Lot Size Acres: 0.5160
  • Lot Size Sq Ft: 22476.9600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1965
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 23000.00
  • Gross Annual Income: 55200.00
  • Insurance Expense: 3868
  • Tenancy: No Smoking, Over 9 Months, Other
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 13826
  • Special Taxing Entities: No
  • TaxBlock: 3

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Wakefield
  • High School Name: Sherman

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold -- -- --
10/14/2022 10/14/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $574,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stacey Olmstead

    Seller's Agent in 2022

    Stacey Olmstead

    PARAGON, REALTORS

    (903) 893-8174

    97 Total Sales

    Stacey Olmstead
    Section Image
  • Cody Carson

    Buyer's Agent in 2022

    Cody Carson

    (512) 866-3795

    40 Total Sales

    Cody Carson
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20178385

North Texas Real Estate Information Systems (NTREIS)
Texas Grayson County Sherman 75092

524 N Woods St, Sherman, TX

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