Sherman, TX 75092 2829-2833 Peony Drive

Pending
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Presented By: Clay Gilbert with C-21 DEAN GILBERT, REALTORS; 903-893-5188
  • MLS# 20942235
  • 05/20/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4
  • Garage • 1

Home Details

Great investment opportunity in a solid location! This duplex features two spacious 3 bedroom, 2 bathroom units, each with a 1 car attached garage. One side is currently occupied with a long-term tenant lease in place, providing immediate rental income, while the other unit will be vacant at the end of June, perfect for owner occupancy or new tenant placement at market rent. Each unit offers a functional layout with open living areas, ample storage, and private garages. The property offers strong rental potential in a desirable area close to schools, shopping, and major roadways.
Presented By: Clay Gilbert with C-21 DEAN GILBERT, REALTORS; 903-893-5188

Interior Features for 2829-2833 Peony Drive

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

Unit Count1
Lock Box TypeNone
Window FeaturesWindow Coverings
Basement Y/NNo
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank
Interior FeaturesCable TV Available
Occupancy Rate100
Total Units2

General for 2829-2833 Peony Drive

# of Buildings1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Capitalization Rate0.00
Carport Spaces
CitySherman
Complex NamePeony Duplex
Construction MaterialsBrick, Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyGrayson
DirectionsInside The Grove Addition on Peony.
Elementary SchoolHenry W Sory
Elementary School NameHenry W Sory
Full Baths4
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral, Electric
High SchoolSherman
Insurance Expense
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces1
Occupant TypeTenant
Operating Expense IncludesMaintenance, Maintenance Grounds, Manager
Pool Y/NNo
PossessionClosing/Funding, Lease Outstanding, Subject to Lease
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictSherman ISD
Standard StatusPending
StatusPending
Subdivision NameGrove Add
Tenancy6 Months or Less, No Smoking, No Sublease, Over 9 Months, Pet Restrictions
Unexempt Taxes7237
UtilitiesCable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2022
Year Built DetailsPreowned

Exterior for 2829-2833 Peony Drive

Attached Garage Y/NYes
Building Area Total2190.00
Covered Spaces1
FencingBack Yard, Wood
Foundation Slab
Garage Length18
Garage Width12
Garage Y/NYes
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1700
Lot Size Area0.1700
Lot Size SourcePublic Records
Lot Size Square Feet7405.2000
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesConcrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Single Door, Inside Entrance, Kitchen Level

Additional Details

Price History

Schools

Elementary School Henry W Sory Elementary School
Middle School N/A

Rodney Edwards

Associate Broker
Price $408,500
MLS#20942235
List Date 05/20/2025
Property Type Pending
Phone 903.752.4007
Request Tour
Request Info
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