724 S Elm St, Sherman, TX, 75090
About This Home
WOW! Take the opportunity to own both sides of an income producing duplex! Affordable Investment Property or is perfect for multiple family members to live close to each other or live in one side and lease the other side. Each unit has one Bedroom, one full Bath, Living Room, Kitchen with Dining, washer and dryer hook ups. There have been Electrical updates with split meters for easy tenant use, some water lines and gas lines have been updated. The full bathroom in Apt A was updated recently with a Walk in Tub with Grab Bars. The full bathroom in apt B has also been recently updated with a step-in shower. The flooring and kitchen has been tastefully redone to bring a much modern feel to attract quick move ins. There is one lease currently in place for another year. Buy one side for yourself and keep the other side rented to build your own portfolio! Large backyard offers Storage Building, partial fenced. Wonderful large front porch is shaded by a mature, beautiful, tall shade tree. Property is close to downtown Sherman, just off Highway 75. Convenient to shopping, restaurants, churches, schools and more. Make This Your New HOME TODAY!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Decorative/Designer Lighting Fixtures,High Speed Internet
- Flooring: Laminate
Heating & Cooling
- Heating features: Natural Gas,Wall Furnace
- Cooling features: Ceiling Fan(s),Window Unit(s)
Interior Area
- Total structure area: 1,487
- Total interior livable area: 1,487 sqft
Property
Details
- Parcel number: 163477
- Exclusions: N/A
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered
- Fencing: Partial,Wood
Lot
- Lot size: 0.27 Acres
- Features: Interior Lot,Level,Subdivision,Few Trees
Parking
- Total spaces: 2
- Parking features: Common,No Garage,On Site
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Ice Storm
- Tornado
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,364 | $16,368 |
| Home Insurance * | $287 | $3,444 |
| Property Taxes | $276 | $3,312 |
| Electricity | $238 | $2,859 |
| Total | $2,165 | $25,980 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $269,900 |
| 2024-10-11 | Sold | -- |
| 2024-09-30 | Pending sale | $150,000 |
| 2024-09-21 | Listing removed | $150,000 |
| 2024-09-16 | Contingent | $150,000 |
| 2024-07-15 | Price change | $150,000 |
| 2024-07-09 | Listed for sale | $160,000 |
| 2024-06-18 | Pending sale | $160,000 |
| 2024-06-10 | Contingent | $160,000 |
| 2024-05-31 | Listed for sale | $160,000 |
For Sale by Agent
View on Zillow