Renovated 14-Unit Apartment
For Sale
Contact for pricing
826 S Travis St, Sherman, TX 75090
Recently updated multifamily property with individual HVAC systems, separate electric metering, and resident-paid electricity.
Property SizeContact for details
Days on Market142
Property Features for 826 S Travis St
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$89,315
Property Condition
Severity
Repairs Needed
Evidence
minimal work needed on repairs
Additional Details
Cap Rate
6.87%
Utilities to Site
Yes
Multifamily Units
14
Listing Agency:
Waller Group Homes
(214) 818-4109
Listed By:
Logan Waller · License #TX 0479147
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waller Group Homes
Investment Insights
Based on property information with market context.
This 14-unit apartment property in Sherman, Texas, received significant renovations from the current owner after its 2018 acquisition. The improvements include pier-and-beam construction, pitched roofs, and individual HVAC units serving each apartment. Separate electric meters are in place, with residents paying their own electricity. Water, sewer, natural gas, trash, and pest control are included in the rent.
Located at 826 S Travis St, the property also benefits from an on-call maintenance worker who handles unit turns and maintenance requests. That worker lives near the property and is willing to remain with new ownership. The asset is currently stabilized, and the existing operating setup includes a defined arrangement for ongoing maintenance support.
Located at 826 S Travis St, the property also benefits from an on-call maintenance worker who handles unit turns and maintenance requests. That worker lives near the property and is willing to remain with new ownership. The asset is currently stabilized, and the existing operating setup includes a defined arrangement for ongoing maintenance support.
Key Highlights
- 14‑unit apartment property in Sherman, TX
- Significant renovations completed after the current owner’s 2018 acquisition
- Individual electric metering with tenants paying electricity
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Recently updated multifamily property with individual HVAC systems, separate electric metering, and resident-paid electricity.
Where is this apartment building located?
The property is located at 826 S Travis St Sherman, TX.
What are key features of this property?
This property features: 14‑unit apartment property in Sherman, TX; Significant renovations completed after the current owner’s 2018 acquisition; Individual electric metering with tenants paying electricity
