For sale

$229,900

1503 E Wells Ave, Sherman, TX 75090

5beds

1,469sqft

$1,703/mo

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Duplex, Multi Family

Built in 1956

-- sqft lot

$216,600 Zestimate^®

$157/sqft

$-- HOA

What's special

Detached garageDriveway parking

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.

59 days

227

23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric, Roof Turbine(s)

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater, Disposal

Features

High Speed Internet, Open Floorplan
Flooring: Luxury Vinyl Plank
Has basement: No

Interior area

Total structure area: 1,469
Total interior livable area: 1,469 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Additional Parking, Converted Garage, Common, Concrete, Driveway, Enclosed, Garage Faces Front, Garage, Garage Door Opener, Lighted, On Site, Off Street, Private
Garage spaces: 1

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 9,016 Square Feet

Details

Parcel number: 164751

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Brick, Wood Siding
Foundation: Slab
Roof: Composition

Condition

Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Separate Meters, Underground Utilities, Water Available

Community & HOA

Community

Subdivision: Linnstead J C Add

HOA

Has HOA: No

Location

Region: Sherman

Financial & listing details

Price per square foot: $157/sqft
Annual tax amount: $3,527
Date on market: 5/28/2026
Cumulative days on market: 60 days
Listing terms: Cash,Conventional,Contract,1031 Exchange,FHA,VA Loan

Estimated market value

$216,600

$206,000 - $227,000

$1,209/mo

Price history

Date	Event	Price
5/28/2026	Listed for sale	$229,900$157/sqft
Source: NTREIS #21284490 Report a problem
2/27/2026	Listing removed	$999$1/sqft
Source: Zillow Rentals Report a problem
2/20/2026	Price change	$999-8.8%$1/sqft
Source: Zillow Rentals Report a problem
2/4/2026	Price change	$1,095-8.4%$1/sqft
Source: Zillow Rentals Report a problem
12/3/2025	Price change	$1,195-8.1%$1/sqft
Source: Zillow Rentals Report a problem
8/22/2025	Listed for rent	$1,300$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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