1416 S Travis St, Sherman, TX 75090

$380,000
6
BD
3
BA

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List Price
$380,000
MLS#
21411061
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1920
Construction Status
Preowned
Bedrooms
6
Full Baths
3
Acres
0.23
County
Grayson
City
Sherman
Subdivision
Moore M B Add

Property Description

Rare triplex opportunity in Sherman featuring three separate units with three separate electric meters on a .2296-acre lot. This 1920s home blends historic character with major updates, including a new roof and new siding installed in 2026. Every unit comes equipped with an electric range and oven, microwave, and refrigerator, making it move-in ready for tenants or owner-occupants. The first unit offers 1 bedroom, 1 bath, an eat-in kitchen, and a covered front porch. The second unit features 2 bedrooms, 1 bath, a living room, an eat-in kitchen, and its own covered front porch. The upstairs unit includes 3 spacious bedrooms, 1 bath, a laundry area, an eat-in kitchen open to the living and dining areas, and a small second-story patio. Outside, you'll find a large fenced backyard, two driveways with room for up to 6 vehicles, and plenty of on-street parking. The home sits on a pier and beam foundation. Separate electric meters allow each unit to be billed individually, and utilities are tenant-paid, keeping owner operating costs low. Set on South Travis Street in the established M B Moore Addition, the property is tucked into a residential neighborhood yet just minutes from US-75, historic downtown Sherman with its restaurants, shops, and events, Austin College, and Sherman's growing semiconductor corridor, home to major new investments from Texas Instruments and GlobalWafers. Whether you're looking to add an income-producing property to your portfolio, live in one unit while renting the others, or restore a piece of Sherman's history, this triplex offers flexibility and long-term potential.

Additional Information

Unexempt Taxes
$7,139
Lot Size
10,018
Acres
0.23
Lot Description
Few Trees
Interior Features
Eat-In Kitchen, In-Law Arrangement, Multiple Staircases, Open Floor Plan, Cable TV, Vaulted/Cathedral Ceilings
Flooring
Carpet, Combination, Hardwood, Linoleum
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
2
Pool Features
None
Parking Garage
Additional Parking, Direct Access, Driveway, On Site, Paved, On Street
School District
Sherman Isd
Elementary School
Washington
Middle School
Piner
High School
Sherman
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Anna Wagers from Regal, REALTORS. Contact: 972-771-6970

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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