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    1503 E Wells Ave Sherman, TX 75090

    For Sale
    $249,000

    Duplex - Sherman, TX

    Type:Duplex
    Lot size:
    0.21 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 9 at 9:06 pm

    Property Features for 1503 E Wells Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    164751
    Parking
    2
    Parking features
    Driveway, Garage, Off Street, Secured
    Interior features
    Cable Tv Available, High Speed Internet Available, Walk-in Closet(s)
    Exterior features
    Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Range, Washer
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1956
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    United Real Estate - Dallas (972) 372-0590 [email protected]

    Listing agent Robert Genera (972) 372-0590 License #0631641

    Listing date Sep 27, 2025

    MLS# 21010131 Listing URL

    Copyright © 2025 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.

    Overview

    Income-Producing Duplex in Sherman, TX

    This income-producing duplex, located at 1503 E Wells Ave, Sherman, TX 75090, features two units that have been remodeled and are either rented or move-in ready. The rear unit, 1503, includes a completed garage conversion with washer and dryer hook-ups. Parking is available via driveway for both units. Unit 1503 also has a detached garage. The property is situated on a lot of 0.207 acres in Grayson County. An adjoining duplex that shares the driveway space is also for sale at 1505 and 1507 E Wells Ave, Sherman, TX 75090.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.590354
    Latitude
    33.634692

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    FAQs

    What type of property is this?
    Duplex - Remodeled duplex in Sherman, TX, with garage conversion and parking.
    Where is this duplex located?
    The property is located at 1503 E Wells Ave Sherman, TX.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Great income-producing duplex.; - Both units remodeled and move-in ready or currently rented.; - Unit 1503 features a garage conversion with washer and dryer hookups.
    (972) 372-0590
    Request Owner's contact information
    1503 E Wells Ave Sherman, TX 75090
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    Sherman, TX 75090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1503 E Wells Ave Sherman, TX 75090
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