1408 Park Place, Unit 1402 1404 1408

Sherman, TX 75092

$600,000
Price
9
Beds
6
Baths
3,441 Sq. Ft.
$174 / Sq. Ft.
3,441
Sq. Ft.
$174
per Sq. Ft.

Description

Excellent investment opportunity in rapidly growing Sherman, TX. Triplex with three units, each consisting of 3 bedrooms, 2 bathrooms, plus one car garage. Fenced backyards. Great for cash flow or 1031 exchange. Located near Fairview Park and schools. 1408 unit currently leased for $1350. 1402 and 1404 Park Pl vacant and available to see.Excellent investment opportunity in rapidly growing Sherman, TX. Triplex with three units, each consisting of 3 bedrooms, 2 bathrooms, plus one car garage. Fenced backyards. Great for cash flow or 1031 exchange. Located near Fairview Park and schools. 1408 unit currently leased for $1350. 1402 and 1404 Park Pl vacant and available to see.
  1. Listed by Kimberly Hudgins • TREC #0624491 • PARAGON, REALTORS • 903-893-8174

Property Details for 1408 Park Place, Unit 1402 1404 1408

Subdivision Name
Fairview Park Patio Homes Repl
Pool
No
Garage Spaces
3
Number Of Parking Spaces
6
LISTING UPDATED: 12/12/2024 10:10 AM

Property Details for 1408 Park Place, Unit 1402 1404 1408

StatusActive
MLS #20795147
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built2013
Lot Size0.37 AC / 16,204 SF
CountyGrayson County

Building Information for 1408 Park Place, Unit 1402 1404 1408

Stories3Residences3Year Built2013Building Size-Lot Size0.37 AC / 16,204 SF

Property Information for 1408 Park Place, Unit 1402 1404 1408

Summary
Location and General Information
  • Block: 1
  • Complex Name: Fairview Park Patio Homes
  • Directions: Hwy 75 to West on Taylor Street. Proceed to left on Park Place. Property will be around corner on the left.
  • Elementary School: Fairview
  • Elementary School Name: Fairview
  • High School: Sherman
  • High School Name: Sherman
  • Middle School: Piner
  • Year Built Details: Preowned
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.65
  • Longitude: -96.63
  • State: Texas
Parking
  • Parking Features: Driveway, Enclosed, Garage, Garage Faces Front
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 3
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: FAIRVIEW PARK PATIO HOMES REPLAT LOTS 1-7, BL
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, High Speed Internet Available, Multiple Staircases
  • Appliances: Dishwasher
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Fencing: Wood
  • Foundation Details: Slab
  • Number Of Stories: 3
  • Roof: Composition
  • Number Of Units Total: 3
  • Levels: Three Or More
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Conventional
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Sloped, Subdivision
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.372
  • Lot Size Area: 0.372
  • Lot Size Units: Acres
  • Lot Size Square Feet: 16204.32
  • Multi Parcel ID: No
  • Parcel Number: 359837
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Average Lease Amount: $1,395.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
Unit 2
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
Unit 3
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom

Property History for 1408 Park Place, Unit 1402 1404 1408

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1408 Park Place, Unit 1402 1404 1408

This home is within Sherman Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fairview Elementary School
PublicPK to 5

Dillingham Intermediate School
Public5 to 6

Piner Middle School
Public6 to 8

Sherman High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1408 Park Place, Unit 1402 1404 1408 is a multi-family home for sale in Sherman, TX 75092. This property was listed for sale on December 11, 2024 by PARAGON, REALTORS, it's currently listed at $600,000. This listing's school district is Sherman Independent School District. Nearby schools include Fairview Elementary School, Dillingham Intermediate School and Piner Middle School. 1408 Park Place, Unit 1402 1404 1408 is a 9-bed, 6-bath, 3,441 sqft multi-family home built in 2013.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PARAGON, REALTORS, Kimberly Hudgins

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