tomo logo

$325,000

Beds
5
Baths
3.0
sq ft
2,506

1602 E Nall St, Sherman, TX 75090

1602 E Nall St

Sherman, TX 75090

  • 11 days on market
Discover this charming duplex in Sherman, TX, offering a versatile living arrangement with convenient access to Hwy 75. Recent renovations: All new siding $35,000, tankless water heater $4,000, new 30 year roof $13,800, new kitchen cabinets $11,500, granite in kitchens $4,300. Investor's dream with two units that could be leased separately. Also, property has a separate lot could be sold or built on for additional revenue. If you are not an investor, this house could be a perfect home with short-term rental opportunities with the second unit. Another option would be multi-generational living. The property features two thoughtfully designed units: Unit 1: Boasts 3 spacious bedrooms, 2 full baths, and a well-appointed kitchen, perfect for comfortable everyday living. Unit 2: Offers 2 bedrooms, 1 full bath, a cozy breakfast nook, and a welcoming living area, ideal for guest quarters, a private retreat, or multi-generational living. Additional features include a covered back porch perfect for relaxing or entertaining, a storage or workshop space for added functionality, and 3 carport spaces providing ample parking. With its flexible layout and prime location near major routes, this duplex is a fantastic opportunity for homeowners or investors alike. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$287,625

Lot size

0.59 acres

Price per sq ft

$130

Year built

1950

Annual property taxes

$7,423

Price History

12/13/2024
NTREIS

NTREIS #20794387

Listed
$325,000

Schools & Community

Elementary school: 

Dillingham

Middle school: 

Piner

High school: 

Sherman

School district: 

Sherman ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$214,771
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$84,229
Cash to seller
$214,771

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

May 2018

Original loan amount

$96,000

Est. remaining balance

$84,229

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Bradley Gant and Scott Davis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
NTREIS
$313,000
3 bd
|
3 ba
|
2,080 sq ft
|
House

1515 Andy Dr, Sherman, TX 75092

NTREIS
$360,000
4 bd
|
3 ba
|
2,641 sq ft
|
House

1513 Yarborough Dr, Sherman, TX 75092

Price drop
NTREIS
$359,950
4 bd
|
3 ba
|
2,042 sq ft
|
House

1721 Alpine Dr, Sherman, TX 75092

Status: Active

Tomo last checked: 12/25/2024 at 10:35 AM

Listing updated: 12/16/2024 at 10:13 PM

Listed by: David Kraft, RE/MAX Four Corners Phone #: (972) 396-9100

MLS: NTREIS #20794387

NTREIS logo

Recently listed in Sherman

$840,000|4 bd|5.0 ba|House
$344,990|4 bd|3.0 ba|House
$319,000|4 bd|3.0 ba|House
$349,900|4 bd|4.0 ba|House
$495,000|4 bd|3.0 ba|House
$289,990|3 bd|2.0 ba|House
$307,990|4 bd|2.0 ba|House
$339,990|4 bd|3.0 ba|House
$599,000|4 bd|3.0 ba|House
$299,000|3 bd|2.0 ba|House