1917 E Mulberry Street, Sherman, TX 75090
Local realty services provided by:Better Homes and Gardens Real Estate The Bell Group
Listed by:tracy thomson469-714-2100
Office:exp realty
MLS#:20945466
Source:GDAR
Price summary
- Price:$259,990
- Price per sq. ft.:$166.55
About this home
Investor Alert! Fully Renovated Rental Property with Strong Lease in Place
Welcome to 1917 E Mulberry St, Sherman, Texas—a high-performing turnkey investment with major capital improvements already taken care of and a reliable tenant in place. This 4-bedroom, 2-bath home blends classic charm with modern updates and offers solid cash flow from day one.
>>Big-Ticket Updates Already Completed:
New Gutters (November 2023)
New HVAC (June 2022)
New Hardy Siding (2023)
New Roof (May 2022)
Outbuilding 248 sf.
Custom Cedar Garage Door
New Waterproof Luzury Vinyl Plank (LVP)
New Windows (May 2022)
New Electrical Panel - Meter Base - Complete Wiring. (May 2022)
Custom Kitchen Cabinets & Quartz Countertops
New Milwork: Doors - Base Trim - Window Trim
Custom tiled shower & Floor
Fully Updated Bathrooms - Showers - toilets - Vanities - Hardware - and Accessories
>> Investor Highlights:
Current monthly rent: $1995
Lease through: February 28, 2027 (That’s nearly two full years of passive income already locked in)
Annual gross rent: $23,940
Estimated ROI: 8–10% depending on purchase price and financing—ask for a breakdown!
Inside, tenants enjoy an open-concept layout with abundant natural light, a fully updated kitchen featuring granite countertops, stainless appliances, and sleek cabinetry. The master suite offers a private bathroom with contemporary finishes, and the three additional bedrooms provide flexibility for families or roommates.
With all major systems recently updated, this property offers a low-maintenance investment in a high-demand rental area.
Located in a friendly Sherman neighborhood near schools, parks, and commuter routes—keeping tenant retention strong.
Motivated seller is willing to offer concessions to help with closing costs or rate buy-down.
Whether you're expanding your portfolio or entering the investment game, this property checks all the boxes: long-term lease, updated infrastructure, and positive cash flow potential.
Contact an agent
Home facts
- Year built:1958
- Listing Id #:20945466
- Added:83 day(s) ago
- Updated:August 13, 2025 at 06:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,561 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Wall Units, Wall Window Units
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1958
- Building area:1,561 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Sherman
- Middle school:Sherman
- Elementary school:Dillingham
Finances and disclosures
- Price:$259,990
- Price per sq. ft.:$166.55
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 13, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate The Bell Group.New listings near 1917 E Mulberry Street
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