tomo logo

$239,000

Beds
4
Baths
2.0
sq ft
1,557

218 Kansas St, Sherman, TX 75090

218 Kansas St

Sherman, TX 75090

  • 1 day on market
Turnkey Investment – Tenant-Occupied & Cash-Flowing! Welcome to 218 E Kansas St in Sherman—an excellent income-producing property leased at $1,675 per month with tenants already in place. This 4-bedroom, 2-bathroom home has been updated in recent years, including paint, trim, an updated kitchen and bathrooms, a garage conversion (now a 4th bedroom or second living area), and a new roof. Located in a peaceful neighborhood near Hwy 75, this property offers both convenience and stability, with easy access to shopping, dining, and entertainment—including Schulman’s Grill and the town center just minutes away. A turnkey opportunity for investors looking for immediate cash flow in a growing market! No showings without an accepted offer to minimize tenant disruption. Contact the listing agent for details.

Details

Property type

Single Family Residence

Est. home value

$214,370

Lot size

8,407.08 sq ft

Price per sq ft

$154

Year built

1970

Price History

03/02/2025
NTREIS

NTREIS #20858641

Listed
$239,000
04/04/2024
NTREIS

NTREIS #20534342

Removed
03/15/2024
NTREIS

NTREIS #20534342

Price change
$259,000
-3.72%

Schools & Community

Elementary school: 

Henry W Sory

Middle school: 

Sherman

High school: 

Sherman

School district: 

Sherman ISD

Seller’s Loan History

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

Lender

Trident Realty Investments Llc

Loan start date

October 2023

Original loan amount

$161,250

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Not Provided

Seller

Pioneer Hb Llc

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?

Status: Active

Tomo last checked: 03/04/2025 at 1:45 AM

Listing updated: 03/02/2025 at 10:13 PM

Listed by: Brandy Landon, Milestone Premier Properties Phone #: (903) 462-0282

MLS: NTREIS #20858641

NTREIS logo

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