1429 S Elm, Sherman, TX 75090
MOORE B H HEIRS · Grayson County
Key Facts
Description
Investment opportunity in Sherman, Texas. This 3-bedroom, 2-bath home located at 1429 S Elm St is currently tenant-occupied with renters paying $1,300 per month, providing immediate rental income for investors. Conveniently located in Sherman with easy access to shopping, dining, schools, and major highways. Sherman continues to experience strong growth and economic development, bringing new opportunities and making the area an increasingly attractive place to live and invest. Whether you're looking to expand your rental portfolio or secure a property in one of North Texas’ growing communities, this property offers solid investment potential. The seller is offering to replace the roof before closing with an acceptable offer. Seller is also selling 625 Main in Denison with the mls number 21200427 AND the duplex at 1422 E Lamar. Feel free to make an offer for all three!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Craftsman
Year Built
1940
Living Area
1,088 sq ft
Lot Size
0.13 acres
Days on Market
80
MLS® Listing#
21198367
Property Features
- Interior:
- Other
- Appliances:
- None
- Parking:
- Driveway
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- Elementary:
- Washington
- Middle:
- Piner
- High:
- Sherman
- District:
- Sherman ISD
Financial Details
Parcel Number
166481
Directions
GPS Friendly
Affordability Calculator
$25,980
Estimated monthly payment
$691/mo
Principal $103,920 · Est. interest $144,978 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sherman, TX
- $318,519
- Median Listing Price
- 70
- Median Days on Market
- 1,849
- Median Sq Ft
- $162
- Median Price / Sq Ft
- 446
- Active Listings
- This home’s price is 59% below the area median.
- Its price per sq ft is 26% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sherman, TX.
Location
- 1429 S Elm, Sherman, TX 75090
Points of Interest in Sherman, TX
Showing the Sherman area map.
Nearby Schools
Washington Elementary School
Elementary · 0.6 mi away
St Mary's School
School · 0.7 mi away
Grayson Christian School
School · 1.0 mi away
Piner Middle School
Secondary · 1.2 mi away
Covenant Presbyterian Pre School
School · 1.2 mi away
Sory Elementary School
Elementary · 1.6 mi away
Crutchfield Elementary School
Elementary · 1.6 mi away
Fred Douglass Early Childhood Center
School · 1.7 mi away
Wakefield Elementary School
Elementary · 1.7 mi away
Jefferson Elementary School
Elementary · 1.8 mi away
Western Heights Church of Christ
Elementary · 1.9 mi away
Belden Street Montessori
Elementary · 2.0 mi away
Sherman High School
Secondary · 2.0 mi away
Thomas Edison School
School · 2.1 mi away
Sherman High School
Secondary · 2.1 mi away
Sherman Middle School
Secondary · 2.2 mi away
Fairview Elementary School
Elementary · 2.4 mi away
Texoma Christian School
Secondary · 2.5 mi away
Tuck Street Early Education Center
School · 2.6 mi away
Montessori Academy of North Texas
Elementary · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4507 Marshall Street, Sherman, TX | $99,900 | 3 | 2 | 1,260 |
| 411 W Hester Street, Sherman, TX | $99,999 | 2 | 1 | 748 |
| 210 W Dexter Street, Sherman, TX | $114,900 | 2 | 1 | 1,269 |
| 1101 N Harrison Avenue, Sherman, TX | $115,000 | 2 | 1 | 886 |
| 1027 E Lamar Street, Sherman, TX | $120,000 | 4 | 2 | 1,437 |
| 1426 S Austin Street, Sherman, TX | $124,999 | 2 | 2 | 1,121 |
Moving Cost Estimate
EXIT Agents in Sherman
Listing Courtesy: RE/MAX FIRST REALTY - (940) 665-0376
Presented by: Kelly Bob Bayer
Last Updated: 2026-03-07