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Three-Unit Triplex with Separate Meters
New
For Sale
$380,000

1416 S Travis Street, Sherman, TX 75090

ResidentialIncome, Sherman, TX

Property SizeContact for details
Lot Size0.23 Acres
Days on Market3

Property Features for 1416 S Travis Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 3
Parking 6
Parking features On Street, Driveway
Patio and Porch features Deck
Interior features EatInKitchen, InLawFloorplan, MultipleStaircases, OpenFloorplan, CableTv, VaultedCeilings
Fencing Fenced
Appliances Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
Subdivision Moore M B Add
Lot features Few Trees
Elementary school Washington
Middle school Piner
High school Sherman
Elementary school district Sherman ISD
Middle school district Sherman ISD
High school district Sherman ISD
Directions See GPS
Standard status Active
APN 166538
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description MOORE M B ADDN, LOT PT 38, ACRES .2296
Tax Annual Amount 7139
Legal Description MOORE M B ADDN, LOT PT 38, ACRES .2296

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Flooring type Combination, Linoleum, Carpet, Hardwood
Building materials VinylSiding
Roof type Composition
Listing Agency: Regal, REALTORS
Listed By: Anna Wagers
Added: Oct 17 Changed: Oct 18 Last Checked: Oct 19 at 6:06PM
MLS# 21411061

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.

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Investment Insights

Based on property information with market context.

Built in 1920, this three-unit property contains apartments with one, two, and three bedrooms, each with one bathroom. The units have eat-in kitchens; the two-bedroom apartment also has a living room, while the upper apartment’s kitchen opens to living and dining areas. A laundry area and small second-story patio serve the upper unit. The first and second units each have a covered front porch. A new roof and new siding were installed in 2026. Each apartment has a separate electric meter and includes an electric range and oven, microwave, and refrigerator. The property sits on a 0.2296-acre lot with a fenced backyard and two driveways that accommodate up to six vehicles; on-street parking is also available.

Located on South Travis Street in Sherman, the property is minutes from US-75, downtown Sherman, Austin College, and the semiconductor corridor. Public water and sewer serve the site.

Key Highlights

  • Three apartments with 1-, 2-, and 3‑bedroom layouts; one bathroom per unit
  • Separate electric meters for all three units
  • 0.2296‑acre lot with a fenced backyard

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

167
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three distinct apartments offer individual electric meters, separate kitchens, and a combined six-bedroom layout.
Where is this triplex located?
The property is located at 1416 S Travis Street Sherman, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Three apartments with 1-, 2-, and 3‑bedroom layouts; one bathroom per unit; Separate electric meters for all three units; 0.2296‑acre lot with a fenced backyard
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