Active
517-523 S Travis St
Sherman TX, 75090
$1,100,000
$121.35 per sqft
Active
9,065 sqft
Condos
Built in 1946
This stabilized multifamily property is an ideal investment opportunity. Boasting 100% occupancy and an average of 97.5% over the past five years, the property is well-positioned in a prime location with convenient access to the downtown square and major highways. It features a diverse unit mix, including large efficiencies, 1-bedroom, and 2-bedroom apartments, with the added convenience of on-site laundry and washer-dryer hookups in the 2-bedroom units. Residents enjoy ample parking, and recent improvements include new roofs installed in September 2024, a new fence along the south side in August 2024, and a new stairwell for the duplex added in September 2024. Currently self-managed by the owner, this property offers a secure, income-generating investment with consistent occupancy in a high-demand area.The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.
20576286
MLSⓇ ID
December 30, 2024
Updated
Map
517-523 S Travis St
Sherman TX, 75090
Interior Features
Total Stories
2
Interior Features
Built-in Features
Appliances
Electric Range, Refrigerator
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.25 Acres
Roof
Composition, Mixed
Sewer
Public Sewer
School Information
School District
Sherman ISD
High School
Sherman
Elementary School
Washington
Other Property Details
Days on Market
178
Garage
No
Parking
Asphalt
Parking Total
20
View
No
County
Grayson
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
12/15/2024 | Active | — |
12/3/2024 | Under contract | — |
11/7/2024 | Price change | $1,100,000 -7% |
10/10/2024 | Active | — |
7/29/2024 | Pending | — |
7/15/2024 | Under contract | — |
6/18/2024 | Active | — |
6/18/2024 | Price change | $1,175,000 -10% |
5/21/2024 | Under contract | — |
Listed by Jacqueline Green with Vissute Real Estate, LLC
Listing Contact: 214-882-0398
The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 12/30/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/30/2024 at 5:19 PM UTC