603-605 & 617-619 N Friendship Rd Road

Sherman, TX 75092

$1,300,000
Price
12
Beds
8
Baths
5,802 Sq. Ft.
$224 / Sq. Ft.
5,802
Sq. Ft.
$224
per Sq. Ft.

Description

2 acres! NEW CONSTRUCTION: 2 DUPLEXES (4 units): Each unit has 3 Bedroom, 2 Bathroom, 2 Car Tandem Garage with front and rear garage doors, Concrete or Plank Flooring, Granite Countertops, 9 Foot Ceilings, Recessed Lighting, Subway Tile Backsplash, Undercabinet lights, Master Bathroom with Dual Sinks, Stainless Steel Appliances (including Refrigerator with Icemaker), Very Efficient with spray foam insulation throughout, Fenced back yards, Outdoor Security Lighting, generous Driveways and extra Parking,...2 acres! NEW CONSTRUCTION: 2 DUPLEXES (4 units): Each unit has 3 Bedroom, 2 Bathroom, 2 Car Tandem Garage with front and rear garage doors, Concrete or Plank Flooring, Granite Countertops, 9 Foot Ceilings, Recessed Lighting, Subway Tile Backsplash, Undercabinet lights, Master Bathroom with Dual Sinks, Stainless Steel Appliances (including Refrigerator with Icemaker), Very Efficient with spray foam insulation throughout, Fenced back yards, Outdoor Security Lighting, generous Driveways and extra Parking, Covered Front and Rear Porches, Excellent Layout with the only shared wall in the garage so that families can live private lives, each unit has access to ½ acre of land since the building is located on 1 acre. EXCELLENT LOCATION outside of city limits (Low Property Tax Rate) with quick access to Highway 56, Highway 1417 and Highway 289. Texas Instruments, GlobiTech, Austin College, Lake Texoma... The future of texas... (Monthly rent of $1995 to $2500 per unit) Call or TEXT 903-271-0007
  1. Listed by Luke Scheibmeir • TREC #0616846 • Properties of Grayson • 903-271-0007

Property Details for 603-605 & 617-619 N Friendship Rd Road

Subdivision Name
FRIENDS OF OWN DECOY ESTATES
Pool
No
Garage Spaces
8
Number Of Parking Spaces
20

Location

Listing Courtesy of Properties of Grayson, Luke Scheibmeir
Add your commute
LISTING UPDATED: 01/24/2024 04:10 AM

Property Details for 603-605 & 617-619 N Friendship Rd Road

StatusActive
MLS #20518975
Days on Market101
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built2023
Lot Size2.01 AC / 87,468 SF
CountyGrayson County

Location

Listing Courtesy of Properties of Grayson, Luke Scheibmeir
Add your commute

Building Information for 603-605 & 617-619 N Friendship Rd Road

Stories1Residences4Year Built2023Building Size-Lot Size2.01 AC / 87,468 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 603-605 & 617-619 N Friendship Rd Road

Summary
Location and General Information
  • Complex Name: FRIENDS OF OWN DECOY
  • Directions: Enjoy driving in the Northwest Quadrant of Sherman, Texas near Washington Street, Highway 1417, Highway 56 and Highway 289. There you will find this amazing subdivision scenically located down the street from Friendship Methodist Church. Friendship Road will be a Minor Arterial in the town's future.
  • High School: Sherman
  • High School Name: Sherman
  • Intermediate School: Dillingham
  • Middle School: Piner
  • Year Built Details: New Construction - Complete
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.63
  • Longitude: -96.66
  • State: Texas
Parking
  • Garage Length: 40
  • Garage Width: 12
  • Parking Features: Garage Single Door, Additional Parking, Concrete, Covered, Drive Through, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear, Inside Entrance, Lighted, Tandem
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 8
  • Garage Height: 8
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: FRIENDS OF OWN DECOY ESTATES, LOTS 2-4, ACRES 3
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 2-3
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Concrete, Luxury Vinyl Plank, Painted/Stained
  • Heating: Central, Electric, Heat Pump
  • Interior Features: Decorative Lighting, Double Vanity, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Exterior Features: Covered Deck, Covered Patio/Porch, Rain Gutters, Lighting, Private Yard
  • Fencing: Back Yard, Fenced, Gate, Privacy, Wood
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition, Shingle
  • Waterfront: No
  • Horse Permitted: Yes
  • Number Of Units Total: 4
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Levels: One
Property
Utilities
  • Green Energy Efficient: Appliances, Insulation, Thermostat
  • Utilities: Aerobic Septic, Asphalt, Cable Available, City Water, Co-op Electric, Electricity Connected, Individual Water Meter, Outside City Limits
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: 1031 Exchange, Cash, Contact Agent, Conventional, FHA, Lease Purchase, Owner Will Carry, Trade, USDA Loan, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Firewall(s), Security Lights, Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Cleared, Few Trees, Lrg. Backyard Grass
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 2.008
  • Lot Size Area: 2.008
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 87468.48
  • Multi Parcel ID: Yes
  • Parcel Number: 440175
  • Parcel Number 2: 440176
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 5.27%
  • Gross Annual Expenses: $27,300
  • Gross Annual Income: $95,760
  • Insurance Expense: $3,000
  • Tenancy: Over 9 Months
  • Total Annual Expenses Include: Insurance, Maintenance Grounds, New Tax
  • Net Operation Income: $68,460.00
Unit 1
  • Approximate SQFT: 1450.0
  • Average Lease Amount: $2,250.00
  • Dining Area Length: 12.0
  • Dining Area Width: 10.0
  • Kitchen Length: 13.0
  • Kitchen Width: 10.0
  • Living Area Length: 15.0
  • Living Area Width: 17.0
  • Master Bed Length: 13.0
  • Master Bed Width: 14.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 4

Property History for 603-605 & 617-619 N Friendship Rd Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 603-605 & 617-619 N Friendship Rd Road

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
Henry W Sory 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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603-605 & 617-619 N Friendship Rd Road is a multi-family home for sale in Sherman, TX 75092. This property was listed for sale on January 23, 2024 by Properties of Grayson, it's currently listed at $1,300,000. This listing's school district is Sherman Independent School District. Nearby schools include Henry W Sory Elementary School, Dillingham Intermediate School and Piner Middle School. 603-605 & 617-619 N Friendship Rd Road is a 12-bed, 8-bath, 5,802 sqft multi-family home built in 2023.

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 Properties of Grayson, Luke Scheibmeir

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