NOT LISTED FOR SALE

904 W Houston St Sherman, TX 75092

Estimated Value: $401,000

6 Beds
4 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold May 31, 2024

Current estimated payment $2,740/month

8 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • High Speed Internet
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of May 2024

Investment Opportunity in Sherman, TX! Presenting a fully occupied duplex at 904-906 Houston Street, a prime investment opportunity in the vibrant community of Sherman. This property boasts two units: 904 Houston renting at $1,400 retains a long-standing tenant - unit has not been updated. 906 Houston renting at $1,375 per month has been tastefully updated - as shown in pictures. This duplex is one of three duplexes selling and can be purchased as a package. Each unit equipped with rear access and a 1-car garage, offering ample space for parking. Situated in a sought-after area of Sherman, residents benefit from a host of nearby amenities including shopping, dining, parks, and schools. 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 DISBURB TENANTS. No showings will be granted without offer to purchase.

Last Agent to Sell the Property

Brandy Landon

Milestone Premier Properties Brokerage Phone: 903-462-0282 License #0690856 Listed on: 05/08/2024

Last Buyer's Agent

Terri Chase

LPT Realty, LLC License #0651296

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,521

Year Built

  • Built in 1998

Lot Details

  • 7,492

Parking

  • 2 Car Attached Garage
  • Driveway

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

Schools

  • Fairview Elementary School
  • Sherman Middle School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • 1-Story Property
  • 7,492 Sq Ft Lot

Community Details

  • 2 Units
  • 2,432 Sq Ft Building
  • Grays G Y 2Nd Addn, 904 & 906 W Ho Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 3
  • Assessor Parcel Number 162169
  • $7,920 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,521

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 22984
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 158.30592
  • Attribution Contact: 903-462-0282
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Interior Amenities: High Speed Internet Available
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Siding

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Fairview

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1720
  • Parcel Number: 162169
  • Lot Size Acres: 0.1720
  • Lot Size Sq Ft: 7492.3200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1998
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 7920.00
  • Gross Annual Income: 33300.00
  • Insurance Expense: 2396
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 7920
  • TaxBlock: 3
  • Tax Lot: 2

MLS Schools

  • Middle School Name: Sherman
  • Elementary School Name: Fairview
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
May 30, 2024
Sold by
West Legacy Llc
Bought by
Bruce Barker Investments Llc
Seller's Agent
Brandy Landon
Milestone Premier Properties
Buyer's Agent
Terri Chase
LPT Realty, LLC
List Price
$385,000
Views
4
Current Estimated Value
$401,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Aug 19, 2021
Sold by
Dupuis Robert J
Bought by
West Legacy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 29, 2016
Sold by
Land Water Group Llc
Bought by
Dupuis Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,065
Interest Rate
3.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2015
Sold by
Klemm Ronald H
Bought by
Land Water Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bruce Barker Investments Llc -- Grayson County Title
West Legacy Llc -- Red River Title
Dupuis Robert J -- Red River Title Co
Land Water Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Legacy Llc $213,000
Previous Owner Dupuis Robert J $159,065
Previous Owner Land Water Group Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold -- -- --
05/17/2024 05/17/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $385,000 -- --
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 $7,521 $380,568 $54,300 $326,268
2024 $7,521 $342,908 $54,300 $288,608
2023 $7,920 $360,720 $46,655 $314,065
2022 $7,605 $324,502 $48,495 $276,007
2021 $7,089 $282,816 $43,200 $239,616
2020 $5,789 $220,592 $20,250 $200,342
2019 $5,286 $196,121 $9,975 $186,146
2018 $4,950 $197,281 $7,275 $190,006
2017 $3,905 $156,859 $7,275 $149,584
2016 $3,953 $158,793 $7,275 $151,518
2015 $0 $133,137 $7,275 $125,862
2014 -- $122,745 $7,275 $115,470
Source: Public Records

Agents Affiliated with this Home

  • Brandy Landon

    Seller's Agent in 2024

    Brandy Landon

    Milestone Premier Properties

    (903) 818-7589

    147 Total Sales

    Brandy Landon
    Section Image

  • T

    Buyer's Agent in 2024

    Terri Chase

    LPT Realty, LLC

    (214) 399-3319

    53 Total Sales

    Terri Chase
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20611566

North Texas Real Estate Information Systems (NTREIS)

APN: 162169

Texas Grayson County Sherman 75092

904 W Houston St, Sherman, TX

Not Listed for Sale

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