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517-523 S Travis St
Sherman TX 75090 US

$1,100,000

Active Listing ID 20576286
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Lot: 0.25 Acres
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Apartment

$1,100,000

Active Listing ID 20576286
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517-523 S Travis St 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.

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Property Features

  • Facts
  • Lot Size: 0.25 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Floor Covering: Concrete
  • Roof Type: Composition, Mixed
  • Heating Fuels: Central Furnace

School Information

  • School
  • Washington(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1100000
  • unparsedaddress: 517-523 S Travis St
  • postalcity: Sherman
  • stateorprovince: TX
  • country: US
  • postalcode: 75090
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.251
  • lotsizeunits: Acres
  • lotsizearea: 0.251
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.632153
  • longitude: -96.607603
  • listagentfullname: Jacqueline Green
  • listagentemail: jg@vissute.com
  • listagentkey: 3yd-NTREIS-0408050
  • listagentmlsid: 0408050
  • listagentpreferredphone: 2148820398
  • listagentofficephone: 2148820398
  • listofficekey: 3yd-NTREIS-VISSU01
  • listagentstatelicense: 0408050
  • listofficemlsid: VISSU01
  • disclaimer: Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1946
  • listagenturl: http://jg@vissute.com
  • countyorparish: Grayson
  • parcelnumber: 163302 213579
  • elementaryschool: Washington
  • appliances: Range, Refrigerator
  • constructionmaterials: Brick
  • flooring: Concrete
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 20
  • roof: Composition, Mixed
  • waterfrontyn: False
  • interiorfeatures: Built-in Features
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.607605, 33.632153
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Vissute Real Estate, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jg@vissute.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Vissute Real Estate, LLC", "ListBrokeragePhone":"(214) 882-0398", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10017 Woodgrove Dr", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"5301 Alpha Road Suite 80-22", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0408050", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"jg@vissute.com", "ListOfficePostalCode":"75240", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Sherman, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/517-523-S-Travis-St_Sherman_TX_75090_M93123-40773?f=listhub&s=NTREIS&m=20576286&c=rexren", "MLSModificationTimestamp":"2024-11-07T09:04:46Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:05:42 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Jacqueline Green, Vissute Real Estate, LLC, jg@vissute.com

Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.