New Construction - Seller Financing - Lease to Own
Address
603-605 & 617-619 N Friendship Rd Road, Sherman, TX
Price
$ 1,300,000
Property Attributes
- MLS#20518975
- TypeMulti-Family
- CountyGRAYSON
- CitySherman
- NeighborhoodFriends Of Own Decoy Estates
- Zip75092
- StyleDuplex
- Year Built2023
- Taxes$ 21800
- Price$ 1,300,000
- Bedrooms12
- Full Bathrooms8
- Half Bathrooms0
- Lot Size2.008 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
2 ACRES!! NEW CONSTRUCTION: 2 DUPLEXES (4 units): Each unit has 3 Bedroom, 2 Bathroom, 2 Car Tandem Garage with front and rear garage doors, Concrete or Plank Flooring, Granite Countertops, 9 Foot Ceilings, Recessed Lighting, Subway Tile Backsplash, Undercabinet lights, Master Bathroom with Dual Sinks, Stainless Steel Appliances (including Refrigerator with Icemaker), Very Efficient with spray foam insulation throughout, Fenced back yards, Outdoor Security Lighting, generous Driveways and extra Parking, Covered Front and Rear Porches, Excellent Layout with the only shared wall in the garage so that families can live private lives, each unit has access to ½ acre of land since the building is located on 1 acre. EXCELLENT LOCATION outside of city limits (Low Property Tax Rate) with quick access to Highway 56, Highway 1417 and Highway 289. Texas Instruments, GlobiTech, Austin College, Lake Texoma...THE FUTURE OF TEXAS... (Monthly rent of $1995 to $2500 per unit) Call or TEXT 903-271-0007
| Price History | |
|---|---|
| 1/24/2024 | Listed $1,300,000 |
General Features
| Heating | Central,Electric,Heat Pump |
|---|---|
| Complex Name | FRIENDS OF OWN DECOY |
| Cooling | Ceiling Fan(s),Central Air,Electric,Heat Pump |
| Utilities | Aerobic Septic,Asphalt,Cable Available,City Water,Co-op Electric,Electricity Connected,Individual Water Meter,Outside City Limits |
| Possession | Closing/Funding |
| Roof | Composition,Shingle |
| Appliances | Dishwasher,Disposal,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator |
| Number of Garage Spaces | 8 |
| School District | Sherman ISD |
| Capitalization Rate | 5.27 |
| Year Built | 2023 |
| Tenancy | Over 9 Months |
| Levels | One |
| Unexempt Taxes | 21800 |
| Will Subdivide | Subdivided |
| Gross Annual Expenses | 27300.00 |
| Property SubType | Duplex |
| Subdivision Name | FRIENDS OF OWN DECOY ESTATES |
| Insurance Expense | 3000 |
| Occupant Type | Vacant |
| County | Grayson |
| Operating Expense Includes | Insurance,Maintenance Grounds,New Tax |
| Property Type | Residential Income |
| Security Features | Firewall(s),Security Lights,Smoke Detector(s) |
| Construction Materials | Brick |
| Year Built Details | New Construction - Complete |
| HOA Type | None |
| Green Energy Efficient | Appliances,Insulation,Thermostat |
| # of Buildings | 2 |
| Status | Active |
| Directions | Enjoy driving in the Northwest Quadrant of Sherman,Texas near Washington Street,Highway 1417,Highway 56 and Highway 289. There you will find this amazing subdivision scenically located down the stree |
| City | Sherman |
| Buyer Agent Compensation | 3 |
| High School | Sherman |
| Street Name | Friendship Rd |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20518975 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Decorative Lighting,Double Vanity,Granite Counters,High Speed Internet Available,Kitchen Island,Open Floorplan,Walk-In Closet(s) |
|---|---|
| Flooring | Concrete,Luxury Vinyl Plank,Painted/Stained |
| Occupancy Rate | 50 |
| Total Units | 4 |
| Unit Count | 1 |
| Full Baths | 8 |
| Lock Box Type | Combo |
| Street Suffix | Road |
| Total Bedrooms | 12 |
| Window Features | Window Coverings |
Exterior Features
| Exterior Features | Covered Deck,Covered Patio/Porch,Rain Gutters,Lighting,Private Yard |
|---|---|
| Lot Features | Acreage,Cleared,Few Trees,Lrg. Backyard Grass |
| Fencing | Back Yard,Fenced,Gate,Privacy,Wood |
| Garage Length | 40 |
| Garage Width | 12 |
| Lot Size Source | Assessor |
| Parking Features | Garage Single Door,Additional Parking,Concrete,Covered,Drive Through,Driveway,Garage,Garage Door Opener,Garage Faces Front,Garage Faces Rear,Inside Entrance,Lighted,Tandem |
| Lot Size | 1 to < 3 Acres |
| Covered Spaces | 8 |
| Foundation | Slab |
| Lot Size Area | 2.0080 |
| Number Of Parking Spaces | 20 |
| Lot Size Units | Acres |
| Building Area Total | 5802.00 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 87468.4800 |
| Lot Size Acres | 2.0080 |
| Patio And Porch Features | Covered,Front Porch,Patio,Rear Porch |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75092
Price
Taxes
Visits
Year Built
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