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    Updated Duplex Investment Title is generated by Realmo AI

    115 N Mckown Avenue, Sherman, TX 75092

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    For Sale
    $309,000

    MULTI_FAMILY - Sherman, TX

    Lot size:
    0.17 Acres
    Added:
    Feb 14, 2026
    Days on Market:
    115
    Last Refresh:
    Jun 9 at 5:06 am

    Property Features for 115 N Mckown Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
    Parking
    2
    Parking features
    On Street
    Interior features
    CableTv
    Appliances
    Dishwasher
    Standard status
    Active
    APN
    162245
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    GREENMOUNT 1ST ADDN, BLOCK 3, LOT 5, 50 X 144
    Tax Annual Amount
    3786

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Asphalt

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    Listing Contact
    Rex Rhorer

    Listing agent Rex Rhorer License #0768076

    Listing office Coldwell Banker Apex, REALTORS Plano, TX

    Listing date Feb 14, 2026

    MLS# 21179835 Listing URL

    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.

    HighLights

    • Well‑maintained duplex (full duplex) with 2 bedrooms and 1 bathroom per side
    • Both units feature updated interiors with vinyl flooring, quartz countertops, and new cabinets
    • Brick construction with asphalt shingle roof, built in 1965
    • Public utilities: public water and public sewer
    • Dishwasher included; cable TV available (CableTv)
    • On‑street parking

    Overview

    This property is a very well-maintained full duplex offering two separate units under one roof. Each side features 2 bedrooms, 1 bathroom, and its own living area. Updates are consistent across both units, including vinyl flooring, quartz countertops, and new cabinets, giving the property a refreshed look while supporting straightforward, turn-ready rental use.

    Located in Sherman, Texas, this duplex is positioned in a market the seller describes as one of the fastest-growing areas in North Texas, with new companies building and population growth estimated to double over the next five to ten years. The property sits on a relatively small lot, reflecting an efficient investment footprint.

    For investors, the full-duplex format can help maximize rental income potential compared with a single-unit layout, while the unit-by-unit interior updates may reduce near-term expense related to cosmetic turnover. For buyers seeking an income-producing residential asset, this configuration offers a practical blend of duplicative floorplans and contemporary finishes, with the added appeal of a growth-oriented local demand narrative provided in the listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.624523
    Latitude
    33.63414

    FAQs

    What type of property is this?
    Multifamily property - Well-maintained full duplex with updated interiors on each side, offering two-bedroom rental potential.
    Where is this multifamily property located?
    The property is located at 115 N Mckown Avenue Sherman, TX.
    What is the asking price?
    The asking price for this property is $309,000.
    What are key features of this property?
    This property features: Well‑maintained duplex (full duplex) with 2 bedrooms and 1 bathroom per side; Both units feature updated interiors with vinyl flooring, quartz countertops, and new cabinets; Brick construction with asphalt shingle roof, built in 1965
    More about this property
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