826 South Travis Street

Sherman, TX 75090

$1,806,000
Price
22
Beds
14
Baths
10,236 Sq. Ft.
$176 / Sq. Ft.
10,236
Sq. Ft.
$176
per Sq. Ft.

Description

Located in Sherman TX a growing city just 40 miles north of DFW Metroplex, one of the fastest growing metroplex in the United States. This property offers an investor an upside by increasing rental values,. This multifamily property consists of 14 units, it is a great mix between one bedroom and two bedrooms. It has maintained a healthy occupancy since ownership. All units have been renovated with new flooring, kitchen countertops, and paint. It offers residents onsite laundry and a gated entry....Located in Sherman TX a growing city just 40 miles north of DFW Metroplex, one of the fastest growing metroplex in the United States. This property offers an investor an upside by increasing rental values,. This multifamily property consists of 14 units, it is a great mix between one bedroom and two bedrooms. It has maintained a healthy occupancy since ownership. All units have been renovated with new flooring, kitchen countertops, and paint. It offers residents onsite laundry and a gated entry. It is minutes away from shopping, restaurants, and Multifamily Housing is in high demand in the Sherman-Dennison Market with new wafer manufacturing facilities coming to market.
  1. Listed by Cristal Gonzalez • TREC #0644858 • Briggs Freeman Sotheby's Int'l • 214-350-0400
  2. Listed by Benjamin Jimenez • TREC #0784675 • Briggs Freeman Sotheby's Int'l

Property Details for 826 South Travis Street

Subdivision Name
Hare & Randolph Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
14

Location

Listing Courtesy of Briggs Freeman Sotheby's Int'l, Cristal Gonzalez; Briggs Freeman Sotheby's Int'l, Benjamin Jimenez
Add your commute
LISTING UPDATED: 12/12/2023 03:35 PM

Property Details for 826 South Travis Street

StatusActive
MLS #20487038
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1965
Lot Size0.46 AC / 20,037 SF
CountyGrayson County

Location

Listing Courtesy of Briggs Freeman Sotheby's Int'l, Cristal Gonzalez; Briggs Freeman Sotheby's Int'l, Benjamin Jimenez
Add your commute

Building Information for 826 South Travis Street

Stories2Residences14Year Built1965Building Size-Lot Size0.46 AC / 20,037 SF

Payment Calculator

$11,811 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,856

Property Taxes

$1,955

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 826 South Travis Street

Summary
Location and General Information
  • Block: 4
  • Community Features: Greenbelt, Laundry
  • Complex Name: Travis Park
  • Directions: Use GPS
  • Elementary School: Washington
  • Elementary School Name: Washington
  • High School: Sherman
  • High School Name: Sherman
  • Middle School: Piner
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.63
  • Longitude: -96.61
  • State: Texas
Parking
  • Parking Features: Asphalt, Assigned, Common, Lighted
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: HARE & RANDOLPH ADDN, BLOCK 4, LOT E PT 11 &
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Vinyl
  • Heating: Other
  • Interior Features: Cable TV Available, Other
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
  • Cooling: Wall/Window Unit(s)
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Other
  • Exterior Features: Courtyard, Dog Run
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Composition
  • Horse Permitted: No
  • Number Of Units Total: 14
  • Patio And Porch Features: See Remarks
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water, Concrete, Individual Water Meter
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Security Gate, Smoke Detector(s), Unknown
  • Property Match: APN
Lot Information
  • Lot Features: Landscaped, Level
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 20037.6
  • Multi Parcel ID: No
  • Parcel Number: 165875
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 5.83%
  • Gross Annual Expenses: $46,301
  • Gross Annual Income: $126,738
  • Insurance Expense: $9,663
  • Net Operation Income: $105,358.00
Unit 1
  • Approximate SQFT: 800.0
  • Dining Area Length: 1.0
  • Kitchen Length: 1.0
  • Living Area Length: 1.0
  • Master Bed Length: 2.0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 8
Unit 2
  • Approximate SQFT: 650.0
  • Dining Area Length: 1.0
  • Kitchen Length: 1.0
  • Living Area Length: 1.0
  • Master Bed Length: 1.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 6

Property History for 826 South Travis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 826 South Travis Street

Taxable ValueLand$54,903Additions$995,200Total$1,050,103
Tax Record2022$23,455 ($1,955 / month)
Home Facts
Total Finished SqFt6,036 SqFtAbove Grade Finished SqFt6,036 SqFtLot Size20,038 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyGRAYSONAPNS048 2107013

Schools near 826 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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826 South Travis Street is a multi-family home for sale in Sherman, TX 75090. This property was listed for sale on December 4, 2023 by Briggs Freeman Sotheby's Int'l, it's currently listed at $1,806,000. It has been on the market for a total of 151 days and was last sold on September 12, 2018. This listing's school district is Sherman Independent School District. Nearby schools include Washington Elementary School, Dillingham Intermediate School and Piner Middle School. 826 South Travis Street is a 22-bed, 14-bath, 10,236 sqft multi-family home built in 1965.

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 Briggs Freeman Sotheby's Int'l, Cristal Gonzalez; Briggs Freeman Sotheby's Int'l, Benjamin Jimenez

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/12/2023 03:35 PM