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Remodeled Duplex with Detached Garage
For Sale
$229,900

1503 E Wells Avenue, Sherman, TX 75090

ResidentialIncome, Sherman, TX

Property SizeContact for details
Lot Size0.21 Acres
Days on Market94

Property Features for 1503 E Wells Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking 2
Parking features Garage, Open, Driveway, Off Street
Interior features HighSpeedInternet, OpenFloorplan
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal
Subdivision Linnstead J C Add
Elementary school Crutchfield
Middle school Sherman
High school Sherman
Elementary school district Sherman ISD
Middle school district Sherman ISD
High school district Sherman ISD
Directions Use GPS. Closest intersection is S Dewey Ave and E Lamar St. 1501 and 1503 E Wells Ave, Sherman, TX 75090
Standard status Active
APN 164751
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description LINNSTEAD J C ADDN, BLOCK 3, LOT 2, ACRES .20
Tax Annual Amount 3527
Legal Description LINNSTEAD J C ADDN, BLOCK 3, LOT 2, ACRES .20

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Roof Turbines(s), Central Air, Ceiling Fan(s), Electric
Water source Public

Amenities

washer/dryer hookups

Building Details

Year built 1956
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Brick, WoodSiding
Roof type Composition
Listing Agency: United Real Estate
Listed By: Robert Genera · License #0631641
Added: May 29 Changed: Aug 26 Last Checked: Aug 30 at 2:06PM
MLS# 21284490

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex includes two remodeled units, each occupied under a 1-year lease. The property combines brick and wood siding with vinyl flooring, central electric heating and cooling, ceiling fans, and open-floorplan interiors. Listed appliances include dishwashers, electric ranges, electric water heaters, and disposals.

Parking includes driveways, open off-street spaces, and a detached garage serving 1503. The rear unit at 1503 also includes a converted garage with washer and dryer hookups. Built in 1956, the property sits on 0.207 acres and has public water and public sewer service. The duplex is located on E Wells Avenue in Sherman, Texas.

Key Highlights

  • Two‑unit duplex with both residences remodeled and leased under 1‑year terms
  • 0.207‑acre property in Sherman, TX
  • Detached garage at 1503 E Wells Avenue

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby

Demographics for 75090, TX

25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two leased units with driveway parking, a detached garage, and washer-dryer hookups in one rear unit.
Where is this duplex located?
The property is located at 1503 E Wells Avenue Sherman, TX.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two‑unit duplex with both residences remodeled and leased under 1‑year terms; 0.207‑acre property in Sherman, TX; Detached garage at 1503 E Wells Avenue
More about this property
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