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1503 E Wells Ave

Sherman, TX 75090
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Just listedJust listed
For Sale
Active
$229,900
Est. Mortgage 1,166/month
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5 Bedroom(s)
2 Full Bath(s)
0.21 Lot Acres
Multi-Family - Duplex
1 Day(s) on HAR.com

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Description

Great income producing duplex: 1501 and 1503 E Wells Ave, Sherman, TX 75090. Both units have been remodeled and are rented with 1-year leases for $995 each. 1501 is driveway parking, and 1503 has driveway parking plus a detached garage. 1503 rear unit has a garage conversion completed with washer and dryer hook ups. This is a turnkey, ready to go investment property. All remodeled and leased, and no deferred maintenance.

MLS#
NTREIS-21284490
List Price
$229,900
Listing Status
For Sale
Address
1503 E Wells Ave
City
Sherman
State
TX
Zip Code
75090
County
Grayson County
Subdivision
Linnstead J C Add
Legal Description
LINNSTEAD J C ADDN, BLOCK 3, LOT 2, ACRES .20
Property Type
Multi-Family - Duplex
Bedroom
5 Bedroom(s)
Bath
2 Full Bath(s)
Garages
1 / Appraisal District
Stories
1
Year Built
1956 /Appraisal District
Lot Size
0.21 Lot Acres/Appraisal District

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Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Wood
Parking
Additional Parking, Common, Concrete, Converted Garage, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Front, Lighted, Off Street, On Site, Private
Parking Space
Garage 1 / Carport 0 / Total Covered 1
Utility
Cable Available,City Sewer,City Water,Concrete,Electricity Available,Electricity Connected,Individual Water Meter,Underground Utilities

Interior

Floors
Luxury Vinyl Plank
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Electric Range, Electric Water Heater
Interior
High Speed Internet Available, Open Floorplan

Lot Information

Lot Size
0.21 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated May 29, 2026 at 07:08 AM
Listing last updated May 28, 2026 at 05:17 PM
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Cost/Sqft based on tax value

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Estimate your mortgage payments

Create and estimate your monthly mortgage payment and property taxes based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

Elementary School

Crutchfield Elementary School

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C
Average
Details
Middle School

Sherman Middle School

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C
Average
Details
High School

Sherman High School

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C
Average
Medal
Details

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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