1901 W Shields, #1903, 1905, 1907, 1909, 1
Sherman, TX 75092
$899,000
Investor special! A one of a kind opportunity to own three well maintained duplexes totaling six income producing units in growing Sherman, Texas. Currently 100% leased, this property offers an established rental portfolio with practical features tenants appreciate, including carports, in unit laundry and yards with select units. Low maintenance grounds and a longtime groundskeeper located just minutes away add convenience to ongoing upkeep.
Sherman’s expanding employment base includes Texas Instruments’ new semiconductor manufacturing campus and the recently opened GlobalWafers America facility. Area attractions include historic downtown Sherman’s local dining, shopping and cultural events. Whether expanding an existing portfolio or entering the multifamily market, this distinctive six unit offering combines full occupancy, well maintained improvements and a location in a community experiencing significant investment.
| Listing Id: | 21414061 |
|---|---|
| List Price: | $899,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 12 |
| Bathrooms Full: | 6 |
| Bathrooms Half: | 6 |
| Lot Size Square Feet: | 288,846,360.0000 |
| Lot Size Acres: | 6,631.0 |
| City: | Sherman |
| County Or Parish: | Grayson |
| Subdivision Name: | Westwood 6 Th Addn |
| Postal Code: | 75092 |
| Year Built: | 1968 |
| Number Of Units Total: | 1 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Refrigerator |
| Association Type: | None |
| Attached Garage?: | No |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 6.60 |
| Bathrooms Total Integer: | 12 |
| Building Area Source: | Assessor |
| Building Area Total: | 7,344.00 |
| Carport Spaces: | 6 |
| Complex Name: | NA |
| Construction Materials: | Brick |
| Cooling: | Ceiling Fan(s) |
| Covered Spaces: | 6 |
| Directions: | From McKinney, take US-75 North toward Sherman. Take the exit for FM 1417 and turn east toward Houston Street-Lamar Street. Continue past Henry W. Sory Elementary School, then turn left onto Sunset Boulevard. Turn left onto W. Shields Drive. 1901 W. Shields Drive is on the right. |
| Elementary School: | Wakefield |
| Elementary School Name: | Wakefield |
| Exclusions: | Tenants personal items. |
| Exterior Features: | Sport Court |
| Fireplace Features: | Wood Burning |
| Fireplaces Total: | 6 |
| Flooring: | Carpet |
| Foundation Details: | Slab |
| Garage Spaces: | 0 |
| Garage?: | No |
| Gross Annual Expenses: | $3,600 |
| Gross Annual Income: | $92,100 |
| Heating: | Electric |
| High School Name: | Sherman |
| Insurance Expense: | $8,900 |
| Interior Features: | Cable TV Available, Eat-in Kitchen, Open Floorplan, Walk-In Closet(s) |
| Levels: | Two |
| Listing Terms: | Cash, Conventional, Other |
| Lot Features: | Landscaped, Lrg. Backyard Grass, Subdivision |
| Lot Size Area: | 6,631.0000 |
| Lot Size Dimensions: | 75X155.54X87X170.75 |
| Lot Size Source: | Public Records |
| Lot Size Units: | Acres |
| Middle School Name: | Piner |
| Multi Parcel ID: | Yes |
| Municipal Utility District?: | No |
| Net Operation Income: | $79,600 |
| Number Of Buildings: | 3 |
| Number Of Parking Spaces: | 6 |
| Occupancy Rate: | 100 |
| Operating Expense Includes: | Gardener, Insurance |
| Parking Features: | Carport, Covered, Detached Carport |
| Pool?: | No |
| Possession: | Closing/Funding |
| Roof: | Composition |
| School District: | Sherman ISD |
| Smart Home Features Appor Pass Y: | 0 |
| Utilities: | City Sewer, City Water |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
Listing Courtesy of: Caple & Company
Listing Agent: Melanie Caple
214-490-4936
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North Texas Real Estate Information Systems, Inc. data last updated on October 18, 2026 02:45 AM - CT
Property Last Updated: October 18, 2026 02:45 AM - CT
