517-523 South Travis Street

Sherman, TX 75090

$1,300,000
Price
Beds
9,065 Sq. Ft.
$143 / Sq. Ft.
9,065
Sq. Ft.
$143
per Sq. Ft.

Description

The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.
  1. Listed by Taylor Thomas • TREC #0773787 • Vissute Real Estate, LLC • 214-882-0398

Property Details for 517-523 South Travis Street

Subdivision Name
G-0056
Pool
No
Number Of Parking Spaces
20

Location

Listing Courtesy of Vissute Real Estate, LLC, Taylor Thomas
Add your commute
LISTING UPDATED: 04/02/2024 10:10 PM

Property Details for 517-523 South Travis Street

StatusActive
MLS #20576286
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1946
Lot Size0.25 AC / 10,933 SF
CountyGrayson County

Location

Listing Courtesy of Vissute Real Estate, LLC, Taylor Thomas
Add your commute

Building Information for 517-523 South Travis Street

Stories2Residences13Year Built1946Building Size-Lot Size0.25 AC / 10,933 SF

Payment Calculator

$7,095 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 517-523 South Travis Street

Summary
Location and General Information
  • Complex Name: The Welling Apartments
  • 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.
  • Elementary School: Washington
  • Elementary School Name: Washington
  • High School: Sherman
  • High School Name: Sherman
  • Intermediate School: Dillingham
  • Middle School: Piner
  • Year Built Details: Preowned
  • School District: Sherman ISD
  • Geocode Confidence: Medium
  • Latitude: 33.63
  • Longitude: -96.61
  • State: Texas
Parking
  • Parking Features: Asphalt
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Concrete
  • Heating: Central, Electric
  • Interior Features: Built-in Features
  • Appliances: Dryer, Washer
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Owner
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition, Mixed
  • Number Of Units Total: 13
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Property and Assessments
  • Financing Proposed: Cash
  • Handicap: No
  • Loan Type: Treat As Clear
Lot Information
  • Lot Size Acres: 0.251
  • Lot Size Area: 0.251
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10933.56
  • Multi Parcel ID: Yes
  • Parcel Number: 163302 213579
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 10.01%
  • Gross Annual Expenses: $42,546
  • Gross Annual Income: $87,593
  • Insurance Expense: $7,824
  • Net Operation Income: $130,139.00
Unit 1
  • Living Area Length: 510.0
  • Unit Type Type: Efficiency
  • Unit Type Units Total: 4
Unit 2
  • Living Area Length: 675.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 7
Unit 3
  • Living Area Length: 1100.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 2

Property History for 517-523 South Travis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 517-523 South Travis Street

This home is within Sherman Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 4

Dillingham Intermediate School
Public5 to 6

Piner Middle School
Public7 to 8

Sherman High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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517-523 South Travis Street is a multi-family home for sale in Sherman, TX 75090. This property was listed for sale on April 2, 2024 by Vissute Real Estate, LLC, it's currently listed at $1,300,000. This listing's school district is Sherman Independent School District. Nearby schools include Washington Elementary School, Dillingham Intermediate School and Piner Middle School. 517-523 South Travis Street is a 0-bed, 0-bath, 9,065 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vissute Real Estate, LLC, Taylor Thomas

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