Turnkey Income-Producing Duplex in Prime Sherman Location! Investors, take note! This fully leased duplex at 403-405 N Burdette Ave offers an incredible opportunity to step into a cash-flowing property with long-term tenants already in place. Each unit features 3 bedrooms, 2 bathrooms, over 1,200 sq. ft. of living space per unit and stable rental income:
Unit 403: Leased at $1,425 per month - through 5-31-2025
Unit 405: Leased at $1,450 per month - since 2023, through 4-30-2025
Located near major shopping, dining, and downtown Sherman, this duplex is in a high-demand rental area, making it a smart addition to any portfolio. Great residents, great location, and strong rental history-don’t miss this one!
Fully leased and part of a potential package deal, this property presents a ready-to-go income stream for savvy investors looking for immediate returns and future growth. No sign in yard. DO NOT DISTURB TENANTS. No showings will be granted without offer to purchase.
Sold
Price Unknown
403-405 N Burdette Ave, Sherman, TX 75090
6beds
2,414sqft
Duplex, Multi Family
Built in 2005
9,147 Square Feet Lot
$268,700 Zestimate®
$--/sqft
$2,197 Estimated rent
Home value
$268,700
$239,000 - $293,000
$2,197/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Brandy Landon 0690856 903-462-0282,
Milestone Premier Properties 903-462-0282
Bought with:
George Milos
Nord Realty LLC
Source: NTREIS,MLS#: 20873844
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator
Features
- High Speed Internet
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Interior area
- Total structure area: 2,414
- Total interior livable area: 2,414 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 254965
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: BELMONT ADDITION REPLAT, LOT 40-R,
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Tax assessed value: $329,875
- Annual tax amount: $6,482
- Date on market: 3/18/2025
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | -- |
Source: NTREIS #20873844 Report a problem | ||
| 3/31/2025 | Pending sale | $365,000$151/sqft |
Source: NTREIS #20873844 Report a problem | ||
| 3/24/2025 | Contingent | $365,000$151/sqft |
Source: NTREIS #20873844 Report a problem | ||
| 3/18/2025 | Listed for sale | $365,000$151/sqft |
Source: NTREIS #20873844 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,235 | $329,875 +11.6% |
| 2024 | -- | $295,553 +20% |
| 2023 | $5,408 +16.7% | $246,294 +24.6% |
| 2022 | $4,633 | $197,663 +13.9% |
| 2021 | -- | $173,527 |
| 2020 | -- | $173,527 +12.8% |
| 2019 | $4,036 | $153,782 -0.2% |
| 2018 | -- | $154,050 +26.8% |
| 2017 | -- | $121,499 +1.5% |
| 2016 | -- | $119,746 |
| 2015 | -- | $119,746 -2.2% |
| 2014 | -- | $122,422 |
| 2013 | -- | $122,422 |
| 2012 | -- | $122,422 -1.7% |
| 2011 | -- | $124,567 |
| 2010 | -- | $124,567 |
| 2009 | -- | $124,567 +1.6% |
| 2008 | -- | $122,600 +71.5% |
| 2007 | -- | $71,468 +28.2% |
| 2006 | -- | $55,761 |
Find assessor info on the county website
Neighborhood: 75090
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Nearby schools
GreatSchools rating
- 3/10Dillingham Elementary SchoolGrades: K-5Distance: 2.1 mi
- 4/10Sherman MiddleGrades: 6-8Distance: 0.3 mi
- 5/10Sherman High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Henry W Sory
- Middle: Sherman
- 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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Estimated market value
$268,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$268,700
- Texas
- Grayson County
- Sherman
- 75090
- 403-405 N Burdette Ave
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