Sherman, TX 75090 1503 E Wells Avenue # 2

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Presented By: Robert Genera with United Real Estate; 972-974-0956
  • MLS# 21010131
  • 07/24/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 2
  • Garage • 1

Home Details

Great income producing duplex: 1501 and 1503 E Wells Ave, Sherman, TX 75090. Both units have been remodeled and are either rented or move in ready. 1503 rear unit has a garage conversion completed with washer and dryer hook ups. 1501 is driveway parking, and 1503 has driveway parking plus a detached garage. An adjoining duplex that shares the driveway space is also for sale: 1505 and 1507 E Wells Ave, Sherman, TX 75090 under MLS number 21010174.
Presented By: Robert Genera with United Real Estate; 972-974-0956

Interior Features for 1503 E Wells Avenue # 2

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths2

Other Interior Features

Unit Count2
Lock Box TypeSee Remarks
FlooringLuxury Vinyl Plank
Interior FeaturesCable TV Available, High Speed Internet Available, Walk-In Closet(s)
Total Units2

General for 1503 E Wells Avenue # 2

# of Buildings1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
Capitalization Rate9.30
CitySherman
Complex NameNA
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric
CountyGrayson
DirectionsUse GPS. Closest intersection is S Dewey Ave and E Lamar St. 1501 and 1503 E Wells Ave, Sherman, TX 75090
Elementary SchoolCrutchfield
Elementary School NameCrutchfield
Full Baths2
Gross Annual Expenses4000.00
HOA TypeNone
HeatingCentral, Electric
High SchoolSherman
Insurance Expense1200
LevelsOne
Listing TermsConventional
Number of Garage Spaces1
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictSherman ISD
Standard StatusActive
StatusActive
Subdivision NameLinnstead J C Add
Unexempt Taxes3578
Unit Number2
UtilitiesCity Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1956
Year Built DetailsPreowned

Exterior for 1503 E Wells Avenue # 2

Attached Garage Y/NNo
Building Area Total1469.00
Covered Spaces1
FencingWood
Foundation Slab
Garage Y/NYes
Lot Size Acres0.2070
Lot Size Area0.2070
Lot Size Square Feet9016.9200
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesAdditional Parking, Converted Garage, Garage, Garage Faces Front, Lighted, Off Street, Outside, Secured, Shared Driveway
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Crutchfield Elementary School
Middle School N/A

Scott Roycroft

Price $279,000
MLS#21010131
List Date 07/24/2025
Property Type Multi-Family
Phone
Request Tour
Request Info

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