1201 S Travis Street
Sherman, TX 75090

  • 4 beds
  • 2 baths
  • 1,728 sqft
  • 14,984 sqft lot
  • $104 per sqft
  • 1999 build
  • on site

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Incredibly well maintained investment property for the investor looking to purchase an asset in a fantastic rental market. Each side has 2 bed and 1 bath and side A is leased at $875mo and side B for $825mo, yielding a gross income of $20400 a year which can equate to a 7.5% cap rate. Both units are fully electric, have individual water and electric meters and have separately fenced back yards . Excellent location close to downtown Sherman and the development taking place at highway 75 and 1417. Side A has been fully remodeled and side B is in great condition. Owner has always had steady tenants and has been proactive to maintained the property when needed. Side B will be coming up for lease in September.

North Texas Real Estate Information Systems, Inc. logo Listing courtesy of NTREIS / Easy Life Realty

Last checked: Checking… • Last updated Mar 27, 2024 •

MLS# 14402950 —

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Sale history

Date Event Source Price % Change
9/9/20
Sold NTREIS

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Multifamily Sold on 9/9/2020

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Listing provided by broker:

Terrin Bertholf

Easy Life Realty

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