Investment opportunity in Sherman, Texas. This 3-bedroom, 2-bath home located at 1429 S Elm St was recently tenant-occupied with renters paying $1,300 per month, providing great rental income for investors.
Conveniently located in Sherman with easy access to shopping, dining, schools, and major highways. Sherman continues to experience strong growth and economic development, bringing new opportunities and making the area an increasingly attractive place to live and invest.
Whether you're looking to expand your rental portfolio or secure a property in one of North Texas’ growing communities, this property offers solid investment potential.
The seller is offering to replace the roof before closing with an acceptable offer.
Seller is also selling 625 Main in Denison with the mls number 21200427 AND the duplex at 1422 E Lamar. Feel free to make an offer for all three!
For sale
$129,900
1429 S Elm St, Sherman, TX 75090
3beds
1,088sqft
Single Family Residence
Built in 1940
5,749 Square Feet Lot
$-- Zestimate®
$119/sqft
$-- HOA
What's special
- 182 days
- 207
- 9
Zillow last checked:
Listing updated:
Listed by:
Kelly Bob Bayer 0702821 (940)665-0376,
RE/MAX FIRST REALTY 940-665-0376
Source: NTREIS,MLS#: 21198367
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Living room
- Level: First
- Dimensions: 1 x 1
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,088 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 5,749 Square Feet
Details
- Parcel number: 166481
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Moore B H Heirs
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $109,981
- Annual tax amount: $2,412
- Date on market: 3/9/2026
- Cumulative days on market: 183 days
- Exclusions: all items owned by tenants
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $129,900$119/sqft |
Source: NTREIS #21198367 Report a problem | ||
| 5/31/2016 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,412 +4.9% | $109,981 +4.9% |
| 2024 | $2,300 -0.7% | $104,864 -0.6% |
| 2023 | $2,315 +6.3% | $105,452 +13.5% |
| 2022 | $2,178 +42.2% | $92,936 +52.1% |
| 2021 | $1,532 | $61,118 |
| 2020 | -- | $61,118 +36.3% |
| 2019 | $1,177 +31.1% | $44,851 +10.9% |
| 2018 | $898 +44.2% | $40,459 +13.1% |
| 2017 | $622 | $35,776 -8.2% |
| 2016 | $622 -28.5% | $38,958 -5.4% |
| 2015 | $871 | $41,174 -9.6% |
| 2014 | $871 | $45,555 -8.1% |
| 2013 | -- | $49,550 +3% |
| 2012 | -- | $48,092 -3.8% |
| 2011 | -- | $49,966 |
| 2010 | -- | $49,966 |
| 2009 | -- | $49,966 +41.5% |
| 2008 | -- | $35,322 |
| 2007 | -- | $35,322 -4.7% |
| 2006 | -- | $37,057 +69.5% |
| 2005 | -- | $21,866 |
| 2004 | -- | $21,866 |
| 2002 | -- | $21,866 |
| 2001 | -- | $21,866 -4.4% |
| 2000 | -- | $22,869 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75090
Nearby schools
Schools provided by the listing agent
- Elementary: Washington
- Middle: Piner
- High: Sherman
- District: Sherman ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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