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Sold almost 3 years ago

$265,000

5+ bd 2 ba 2200 sqft

419 N Grand, Sherman, TX 75090

Residential Duplex Needs Repairs

Current Rent **

N/A

Projected Rent **

$2,650

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Jeffrey McKee

Real Estate Agent
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Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1200 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1000 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: No

Sherman Texas Duplex

Move-in ready duplex across the street from Austin College in the rapidly growing sherman texas. Start your investment journey via an owner-occupied house hack or scoop up another great property for your portfolio in the bustling community in North Texas. Get in early on the economic development of a lifetime as Texas Instruments adds 4.7 Million square feet onto its existing property. Grayson County Judge Bill Magers says, There will be 3200 jobs, good-paying jobs, that people will live here locally, will spend their money locally, and that will have a cascading effect across our community, so it’s a fantastic day in Grayson County and in Sherman. Nov 17, 2021

Location:

419 N Grand, Sherman, TX 75090

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.