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1503 E Wells Avenue Sherman, TX $ 229,900
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1503 E Wells Avenue
$ 229,900
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1503 E Wells Avenue

Sherman, TX, 75090
$ 229,900
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,416

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Multi-Family Home for sale in Sherman, TX

for $229,900 with 5 bedrooms and 2 full baths. This home was built in 1956 on a lot size of 0.207.

Great income producing duplex: 1501 and 1503 E Wells Ave, Sherman, TX 75090. Both units have been remodeled and are rented with 1-year leases for $995 each. 1501 is driveway parking, and 1503 has driveway parking plus a detached garage. 1503 rear unit has a garage conversion completed with washer and dryer hook ups. This is a turnkey, ready to go investment property. All remodeled and leased, and no deferred maintenance.

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Multi-Family Active

Price

$ 229,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,527

Style

Duplex

Lot Size

0.207

Year Built

1956

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21284490
Features
Interior
Interior Features High Speed Internet Available Open Floorplan
Flooring Luxury Vinyl Plank
Basement Y/N 0
Total Units 2
Total Bedrooms 5
Total Baths 2
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General
Heating Central Electric
Complex Name NA
Cooling Ceiling Fan(s) Central Air Electric Roof Turbine(s)
Utilities Cable Available City Sewer City Water Concrete Electricity Available Electricity Connected Individual Water Meter Underground Utilities
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Electric Water Heater
Number of Garage Spaces 1
School District Sherman ISD
Pool Y/N 0
Year Built 1956
Levels One
Property Subtype Duplex
Subdivision Name Linnstead J C Add
Occupant Type Tenant
County Grayson
Property Type Residential Income
Construction Materials Brick Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Full Baths 2
Status Active
Directions Use GPS. Closest intersection is S Dewey Ave and E Lamar St. 1501 and 1503 E Wells Ave Sherman TX 75090
City Sherman
Elementary School Name Crutchfield
High School Sherman
Elementary School Crutchfield
Standard Status Active
Listing Terms 1031 Exchange Cash Contract Conventional FHA VA Loan
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Exterior
Waterfront 0
Parking Features Additional Parking Common Concrete Converted Garage Driveway Enclosed Garage Garage Door Opener Garage Faces Front Lighted Off Street On Site Private
Foundation Slab
Building Area Total 1469.00
Garage Y/N 1
Attached Garage Y/N 0
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Internal Only
Street Number 1 1503
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* Excluded Features
List By
Robert Genera

Listing Agent

United Real Estate

Broker

Affordability Calculator

$1,709
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$294
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286526 Elementary School
3672418 Middle School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/29/2026$229,900 Listed Price

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1503 E Wells Avenue, Sherman, TX, 75090 is a Multi-Family Home for sale at $229,900 with a lot size of 0.207. 1503 E Wells Avenue has 5 bedrooms, 2.0 baths, and was built in 1956. The property's zip code is 75090 which is in Sherman, TX

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