1917 E MULBERRY STREET, SHERMAN, TX 75090

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Homes for sale in 75090.


1917 E Mulberry Street

Sherman, TX 75090

Status of the property has changed, please contact for details

List Price$259,990

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20945466

4

Bedrooms

2 full

Bathrooms

1,561

Square Feet

House

Type

About This Property

Investor Alert! Fully Renovated Rental Property with Strong Lease in Place Welcome to 1917 E Mulberry St, Sherman, Texas--a high-performing turnkey investment with major capital improvements already taken care of and a reliable tenant in place. This 4-bedroom, 2-bath home blends classic charm with modern updates and offers solid cash flow from day one. ?? Big-Ticket Updates Already Completed: New Gutters (November 2023) New HVAC (June 2022) New Hardy Siding (2023) New Roof (May 2022) Custom Cedar Garage Door New Waterproof Luzury Vinyl Plank (LVP) New Windows (May 2022) New Electrical Panel - Meter Base - Complete Wiring. (May 2022) Custom Kitchen Cabinets & Quartz Countertops New Milwork: Doors - Base Trim - Window Trim Custom tiled shower & Floor Fully Updated Bathrooms - Showers - toilets - Vanities - Hardware - and Accessories ?? Investor Highlights: Current monthly rent: $1995 Lease through: February 28, 2027 (That's nearly two full years of passive income already locked in) Annual gross rent: $23,940 Estimated ROI: 8--10% depending on purchase price and financing--ask for a breakdown! Inside, tenants enjoy an open-concept layout with abundant natural light, a fully updated kitchen featuring granite countertops, stainless appliances, and sleek cabinetry. The master suite offers a private bathroom with contemporary finishes, and the three additional bedrooms provide flexibility for families or roommates. ??? With all major systems recently updated, this property offers a low-maintenance investment in a high-demand rental area. ?? Located in a friendly Sherman neighborhood near schools, parks, and commuter routes--keeping tenant retention strong. ?? Seller is willing to offer concessions to help with closing costs or rate buy-down. Whether you're expanding your portfolio or entering the investment game, this property checks all the boxes: long-term lease, updated infrastructure, and positive cash flow potential.

Property Features

Location Information

County

Grayson

Subdivision

Belmont Add

Interior Features

Rooms

First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Full Bath, First Floor Kitchen, First Floor Living Room, First Floor Primary Bathroom, First Floor Primary Bedroom

Has Fireplace

No

Interior

Built-in Features, Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)

Number of Fireplaces

0

Master Bedroom Description

1 x 1

Heating

Central, Electric

Full Baths

2

Cooling

Central Air, Electric, Wall Unit(s), Wall/Window Unit(s)

Living Room Description

1 x 1

Floors

Luxury Vinyl Plank, Tile

Kitchen Description

1 x 1

Appliances

Dryer, Electric Cooktop, Electric Oven, Disposal, Ice Maker, Microwave, Refrigerator, Washer

Exterior Features

Style

Craftsman, Traditional, Detached

Garage Spaces

1

Stories

1

Fencing

Wood

Construction

Fiber Cement, Wood Siding

Patio / Deck Description

Rear Porch, Front Porch, Side Porch, Covered

Exterior

Private Yard, Storage

Pool Description

None

Foundation

Pillar/Post/Pier

Lot Description

Few Trees

Roof

Composition

Lot Size in Acres

0.138

Water / Sewer

Electricity Available, Sewer Available, Water Available

Lot Size in Sq. Ft.

6,011

Utilities

Electricity Available, Sewer Available, Water Available

Is One Story

Yes

Security System

Carbon Monoxide Detector(s), Smoke Detector(s)

Lot Description

Few Trees

Parking Description

Additional Parking, Concrete, Direct Access, Driveway, Off Street

Windows Description

Window Coverings

Has Garage

Yes

School

Elementary School District

Sherman ISD

Jr. High School

Sherman

Elementary School

Dillingham

High School

Sherman

Additional Information

Year Built Details

Preowned

Year Built

1958

Property Type

SFR

Status

Active

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Similar Listings

Mortgage Calculator

$1,212

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$936

Monthly Tax

$216

Monthly Insurance

$60

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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