$279,000
$20K PRICE DROP

617 S Elm St Sherman, TX 75090

Estimated payment $1,872/month

Total Views 4,027
2 Beds
2 Baths
1,216 Sq Ft
$229 Price per Sq Ft

Highlights

  • Open Floorplan
  • Wood Flooring
  • Private Yard
  • Deck
  • Granite Countertops
  • Covered Patio or Porch

About This Home

Sitting in the historic district of Sherman, this duplex is ready for new owners. Both units are rented. Each side is 1 bedroom and 1 bathroom. Property was totally gutted and renovated 2 years ago. New roof in 2023. Everything is practically new. Comes with washer, dryer and fridge for each unit. 615 Elm Rent is $1,095; Lease expiration is July 26, 2025. 617 Elm-Rent $1,175; Lease is expired and on a month to month. Pictures speak for themselves. Each side is IDENTICAL to the other. Easy access to 75 and downtown Sherman.

Listing Agent

Robert Blackman

Solvent Realty Group Brokerage Phone: 214-327-0894 License #0482162 Listed on: 03/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 1940

Lot Details

  • 7,492 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Private Yard
  • Back Yard

Home Design

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

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Washington Elementary School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 26 / 9
  • Assessor Parcel Number 163538

Community Details

Overview

  • 2 Units
  • 1,216 Sq Ft Building
  • Hare & Randolph Add Subdivision

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,122

Year Built

Built in 1940

Lot Details

0

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 214-327-0894
  • Co List Office Mls Id: NXHR01
  • Special Features: VirtualTour
  • Year Built: 1940

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV
  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Electric Cooktop, Electric Oven, Microwave, Refrigerator

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Exterior Features: Private Yard, Rain Gutters
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Driveway, No Garage
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Washington
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Lot Info

  • Lot Features: Back Yard, Interior Lot, Lawn
  • Lot Size Units: Acres
  • Lot Size Area: 0.172
  • Parcel Number: 163538
  • Lot Size Acres: 0.172
  • Lot Size Sq Ft: 7492.32

Building Info

  • Year Built: 1940
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 1.0
  • Annual Gross Income: 1.0
  • Property Net Operating Income: 1.0

Tax Info

  • TaxBlock: 9
  • Tax Lot: 26
  • Tax Annual Amount: 4122.0

MLS Schools

  • MiddleOrJuniorSchool: Piner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,122 $187,959 $59,550 $128,409
2023 $4,659 $212,219 $49,180 $163,039
2022 $5,127 $218,783 $46,110 $172,673
2021 $4,460 $177,945 $27,750 $150,195
2020 $1,377 $52,454 $15,975 $36,479
2019 $1,219 $45,208 $9,975 $35,233
2018 $958 $38,183 $6,600 $31,583
2017 $816 $32,766 $4,275 $28,491
2016 $674 $27,083 $4,275 $22,808
2015 $598 $24,054 $4,275 $19,779
2014 -- $24,054 $4,275 $19,779
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Price Changed $279,000 -5.1% $229 / Sq Ft
03/27/2025 03/27/25 Price Changed $294,000 -1.7% $242 / Sq Ft
03/11/2025 03/11/25 For Sale $299,000 -- $246 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed -- Independence Title
Warranty Deed -- Independence Title
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Vendors Lien -- Old Republic Title
Vendors Lien -- Old Republic Title
Vendors Lien -- Red River Title Co
Vendors Lien -- Red River Title Co
Vendors Lien -- Sherman Title
Vendors Lien -- Sherman Title
Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,750 New Conventional
Previous Owner $144,800 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $34,000 Seller Take Back
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20866837

North Texas Real Estate Information Systems (NTREIS)

APN: 163538