NOT LISTED FOR SALE

612 N Walnut St Sherman, TX 75090

Estimated Value: $167,493 - $220,000

4 Beds
2 Baths
2,100 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 23, 2024

Current estimated payment $1,306/month

92 Days on Market

Highlights

  • Wood Flooring
  • Interior Lot
  • Ceiling Fan
  • Covered Patio or Porch
  • 1-Story Property
  • High Speed Internet

About This Home

As of September 2024

Fantastic opportunity here! Offered for sale are TWO duplexes Next Door to each other. This duplex is 612 and 614 N Walnut and next door also for sale same owner is 620 and 622 N Walnut. For seller's other duplex next door See MLS 20606428. Great income producing duplex with same tenants for many years. Each unit has two bedrooms and 1 bath. Both rent for $750 per month and the lease on both units ends in June. Only 5 blocks to fabulous downtown Sherman. Excellent investment opportunity to own any real estate in fast growing Sherman, TX! The original hardwood flooring throughout that has been refinished. Also some recent painting. Nice roomy kitchen and living area. Washer, dryer and refrigerator included. More information and pictures to come. Note, Pictures 16 through 29 are for seller's other duplex next door.

Last Agent to Sell the Property

Ben Williams

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0472370 Listed on: 05/07/2024

Co-Listed By

Allyn Steele

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0777292

Last Buyer's Agent

Jacob Byrd

LM Dorman Group License #1342812

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Chain Link Fence
  • Interior Lot
  • Many Trees

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Dillingham Elementary School
  • Piner Middle School
  • Dillingham Middle School
  • Sherman High School

Utilities

  • Window Unit Cooling System
  • Gas Jet Heater
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • 2,100 Sq Ft Building
  • Bonds 1St Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Assessor Parcel Number 161782
  • $3,059 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,435

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Unknown
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 1
  • Notice Surveillance Devices Pres: Audio
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 95.23810
  • Attribution Contact: 903-893-5188
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Vinyl, Wood
  • Appliances: Electric Range, Gas Water Heater

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link, Cross Fenced, Partial, Partial Cross
  • Roof: Composition
  • Construction Materials: Fiber Cement
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Window Unit(s)
  • Number Of Parking Spaces: 4
  • Parking Features: Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Gas Jets, Natural Gas
  • Utilities: Asphalt, Cable Available, City Sewer, Electricity Connected, Phone Available

Condo/Co-op/Association

  • Complex Name: Walnut St
  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Dillingham
  • Intermediate School: Dillingham

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.2730
  • Parcel Number: 161782
  • Lot Size Acres: 0.2730
  • Lot Size Sq Ft: 11891.8800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1900
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 1.00
  • Gross Annual Income: 9000.00
  • Insurance Expense: 1
  • Tenancy: Lease While on Market, Month to Month, Over 9 Months, None
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 3059
  • TaxBlock: 4
  • Tax Lot: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Sep 23, 2024
Sold by
Richard Mashek Family Limited Partnershi
Bought by
298 Investments Llc
Seller's Agent
Ben Williams
C-21 DEAN GILBERT, REALTORS
Buyer's Agent
Jacob Byrd
LM Dorman Group
List Price
$260,000
Views
30
Current Estimated Value
$193,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.26%
Original Mortgage
$170,000
Outstanding Balance
$168,089
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$25,658
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
298 Investments Llc -- Chapin Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 298 Investments Llc $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold -- -- --
08/08/2024 08/08/24 Pending -- -- --
07/04/2024 07/04/24 Price Changed $219,900 0.0% $105 / Sq Ft
06/14/2024 06/14/24 Price Changed $220,000 -15.4% $105 / Sq Ft
05/07/2024 05/07/24 For Sale $260,000 -- $124 / 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 $3,435 $196,375 $82,650 $113,725
2024 $3,435 $156,616 $0 $0
2023 $2,866 $130,513 $28,255 $102,258
2022 $2,794 $119,230 $28,255 $90,975
2021 $2,636 $105,168 $26,656 $78,512
2020 $2,340 $89,146 $26,656 $62,490
2019 $1,882 $69,807 $9,234 $60,573
2018 $1,669 $66,536 $7,521 $59,015
2017 $1,517 $60,936 $7,521 $53,415
2016 $1,255 $50,414 $7,521 $42,893
2015 $0 $45,758 $7,521 $38,237
2014 -- $45,758 $7,521 $38,237
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Ben Williams

    C-21 DEAN GILBERT, REALTORS

    (903) 892-8177

    110 Total Sales

    Ben Williams
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Allyn Steele

    C-21 DEAN GILBERT, REALTORS

    (903) 819-2207

    60 Total Sales

    Allyn Steele
    Section Image

  • J

    Buyer's Agent in 2024

    Jacob Byrd

    LM Dorman Group

    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20606392

North Texas Real Estate Information Systems (NTREIS)

APN: 161782

Texas Grayson County Sherman 75090

612 N Walnut St, Sherman, TX

Not Listed for Sale

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