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$250,000

410 S Vaden St, Sherman, TX, 75090

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,624 Sq Ft
TriplexTriplex
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesBuilt-In Gas Range, Dishwasher, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size10,041 sqft

Building Information

Year Built1930

Land Information

APNS042 2110008
Lot Number4
SubdivisionHazelwood & Vaden Addn
Land UseResidential
Legal DescriptionHAZELWOOD & VADEN ADDN, BLOCK 2, LOT 4 & E 2 FT 3, ACRES .2305
Census Tract001500
Assessed Land Value$59,150
Assessed Improvement Value$148,484
Assessment Year2025

About this property

Turnkey investment opportunity in the heart of Sherman! This fully renovated triplex offers three one-bedroom, one-bath units, making it an excellent addition to any investment portfolio. Renovated in 2021, each unit features an open-concept living, dining, and kitchen area with durable luxury vinyl plank flooring that continues into the bedroom, creating a modern, cohesive look. The kitchens offer updated cabinetry, solid surface countertops, stainless steel appliances, and contemporary finishes, while the bathrooms have been tastefully remodeled. The property has a strong rental history, with two units currently leased and one recently becoming vacant—providing immediate income with the opportunity to quickly lease the third unit. One-bedroom rentals priced under $1,000 per month are becoming increasingly rare in Sherman and remain in high demand, making this property well-positioned for continued occupancy. A shared laundry room located at the rear of the property includes a stacked washer and dryer for tenant convenience. Conveniently located just minutes from downtown Sherman, shopping, dining, and major employers, 410 S. Vaden St. offers investors the advantage of multiple income streams from a single property. Whether you're expanding your portfolio or purchasing your first income-producing property, this turnkey triplex delivers excellent cash flow potential in a growing market.

Investor Tools

$0Estimated Mortgage Balance
$216,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Brad Rhodes

Easy Life Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,186
$119,627
2025
$59,150
$148,484
$207,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,186
$119,627

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$216,000
100%
0%
$0/mo

City: Sherman

410 S Vaden St | Property Details | No Agent List