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$419,999

208-212 E Cherry St, Sherman, TX, 75090

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,224 Sq Ft
DuplexDuplex
price_per_sqft$130.27 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringOther

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size6,708 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APNS041 2725001
Lot Number1
SubdivisionMoran Addition Phase Two
Land UseReal-Residential Duplexes
Legal DescriptionMORAN ADDITION PHASE TWO, LOT 1, ACRES .154
Census Tract002000
Assessed Land Value$53,934
Assessed Improvement Value$418,872
Assessment Year2025

About this property

Excellent investment opportunity in the growing community of Sherman! This well-maintained duplex offers immediate income potential with one side currently leased to a long-term tenant, providing instant cash flow while the other unit is available for owner occupancy or additional rental income. The property is in like-new condition, making it a low-maintenance addition to any investment portfolio. Conveniently located near downtown Sherman, residents enjoy easy access to shopping, dining, parks, schools, and major employers, with quick connectivity to US-75. As Sherman continues to experience significant growth from major developments and new industry, this duplex presents an excellent opportunity to invest in one of North Texas' fastest-growing markets.

Investor Tools

Property Icon
$472,806
Estimated Property Value
$0Estimated Mortgage Balance
$472,806Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,837 /month
Positive
Cash Flow Estimate:
$946 /month

Interested in this property?

Chuntami Garcia

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,014/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,801
$472,806
2025
$53,934
$418,872
$472,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,801
$472,806

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$472,806
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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208-212 E Cherry St | Property Details | No Agent List