517-523 S Travis St, Sherman, TX, 75090

Location

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517-523 S Travis St, Sherman$1,100,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAsphalt

Year Built1946

HeatingCentral, Electric

CoolingCentral Air, Electric

MLS #20576286

Lot Size0.25 Acres

StatusActive

About 517-523 S Travis St

This stabilized multifamily property is an ideal investment opportunity. Boasting 100% occupancy and an average of 97.5% over the past five years, the property is well-positioned in a prime location with convenient access to the downtown square and major highways. It features a diverse unit mix, including large efficiencies, 1-bedroom, and 2-bedroom apartments, with the added convenience of on-site laundry and washer-dryer hookups in the 2-bedroom units. Residents enjoy ample parking, and recent improvements include new roofs installed in September 2024, a new fence along the south side in August 2024, and a new stairwell for the duplex added in September 2024. Currently self-managed by the owner, this property offers a secure, income-generating investment with consistent occupancy in a high-demand area.The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.

Property Details

Property Features

Property Information:

Year Built: 1946

Listing Office:

Office Name: Vissute Real Estate, LLC
Office Phone: (214) 882-0398
Listing Agent: Jacqueline Green

Interior Features

Interior Information:

Appliances: Electric Range, Refrigerator
Flooring Type: Concrete
Interior: Built-in Features

Exterior Features

Parking Information:

Attached Garage: No
Parking: Asphalt

Virtual/3D Tour

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Lot Features

Lot Information:

Lot Size: 0.25 Acres

Utilities

Utilities Information:

Heating: Central, Electric
Cooling: Central Air, Electric

Other

Directions Information:

Directions: Directions: Hwy 75 to Lamar Street exit. Take W. Lamar to S. Travis, make right turn and go South to 517 & 523 S. Travis.

Price Information

Listing Price Info

Price Summary:

List Price: $1,100,000

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Housing Market Comparison

See how this home compares to others in Sherman, TX.

Sherman, TX

City

Med. List Price

$310K

Med. Price/SqFt

$173

Avg. Days On Market

# of Sold Homes

517-523 S Travis St vs Sherman

264 DAYS ON ROCKET

+172 Days

$1,100,000

+$790K More

KEY TAKEAWAY

This property is $790K more than the Median List Price in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

MLS Name: NTR
MLS Number: #20576286

Listing Office:

Office Name: Vissute Real Estate, LLC
Office Phone: (214) 882-0398
Listing Agent: Jacqueline Green

©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 12/22/2024, 12:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Washington Elementary School
815 S Travis St
Distance between this listing and this school1.95 miles
Public District Grades KG-5

/10

Henry Sory Elementary School
120 Binkley Park Dr
Distance between this listing and this school2.46 miles
Public District Grades KG-5

/10

Crutchfield Elementary School
521 S Dewey Ave
Distance between this listing and this school2.70 miles
Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

34%

<35k

62%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 52%
Post Secondary: 48%

What types of families live nearby?

37%

Single, No Kids

14%

Single, with Kids

25%

Married, No Kids

24%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 75%
Renters: 25%

How old are people in this area?

18%

<11 yrs old

12-17 yrs old

23%

18-34 yrs old

36%

35-64 yrs old

15%

65+ yrs old

What do the neighbors do for fun?

Extreme Sports
Figure Skating
College Football

Where do the neighbors shop?

Academy Sports & Outdoors
Kmart
Express/Express For Men

Where do the neighbors go to eat?

Little Caesars
Bob Evans
Sonic

What do the neighbors drive?

Chevrolet
Buick
Kia

What do the neighbors listen to?

Country
Oldies
New Country

The neighbors living near this home have an average income of $43,534. Typical income of Sherman, TX residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 517-523 S Travis St

What is the listing price of this property?

The listing price of 517-523 S Travis St property is $1,100,000.

What type of property is this?

The property 517-523 S Travis St is a condo located in Sherman, Texas, 75090.

Is this property for sale now?

Active Listing: 517-523 S Travis St is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 517-523 S Travis St is 1946.

Rocket Homes›Texas›Grayson County›Sherman›75090›517-523 S Travis St

This home is located at 517-523 S Travis St in Sherman, TX and zip code 75090. This home, which was built in 1946, sits on a 0.25 acre lot. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $1,100,000.

The number of homes for sale in Sherman, TX increased by 5.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $310,000, while the average time on the real estate market was 92 days.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Virtual/3D Tour

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 517-523 S Travis St

More Resources

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