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$320,000

$325,000

408-410 Cleveland, Sherman, TX, 75090

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths2,265 Sq Ft
DuplexDuplex
price_per_sqft$143.49 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,499 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APNS032 205513301
Lot Number10
SubdivisionCollege Park Addn
Land UseReal-Residential Duplexes
Legal DescriptionCOLLEGE PARK ADDN, BLOCK 23, LOT 10, ACRES .1951
Census Tract001400
Assessed Land Value$51,680
Assessed Improvement Value$298,921
Assessment Year2025

About this property

Exceptional opportunity to own a full duplex offering strong income potential and modern, low-maintenance living. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while leasing the other, this versatile property provides outstanding flexibility and long-term value. Each side features a thoughtfully designed 2-bedroom, 2.5-bath floor plan with a private 1-car garage and an inviting open-concept layout. The main level is designed for comfortable everyday living, with spacious living, dining, and kitchen areas that flow seamlessly together—perfect for entertaining or relaxing at home. Upstairs, both bedrooms are privately situated away from the main living spaces, creating a functional separation between living and sleeping areas. Each bedroom includes its own en-suite bathroom, offering comfort and privacy for occupants, while the additional half bath downstairs adds convenience for guests. With modern finishes, desirable layouts, and strong rental appeal, this duplex presents an excellent opportunity for investors seeking a turnkey asset or buyers interested in offsetting their mortgage with rental income. Whether you're a seasoned investor or a first-time buyer looking to build wealth through real estate, this full duplex offers flexibility, functionality, and exceptional income-producing potential. Schedule your private showing today and explore everything this unique opportunity has to offer!

Investor Tools

Property Icon
$350,601
Estimated Property Value
$0Estimated Mortgage Balance
$350,601Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,104 /month
Positive
Cash Flow Estimate:
$701 /month

Interested in this property?

Mallory Adams

OmniKey Realty, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$963/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,802
$350,601
2025
$51,680
$298,921
$350,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,802
$350,601

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,601
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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408-410 Cleveland | Property Details | No Agent List