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$229,900

1503 Wells Ave

Sherman, TX
Active
5
Bedrooms
2
Bathrooms
1,469
Square Feet
0.21
Lot Size (acres)
1956
Year Built
113
Days On Market

Great income producing duplex: 1501 and 1503 E Wells Ave, Sherman, TX 75090. Both units have been remodeled and are rented with 1-year leases for $995 each. 1501 is driveway parking, and 1503 has driveway parking plus a detached garage. 1503 rear unit has a garage conversion completed with washer and dryer hook ups. This is a turnkey, ready to go investment property. All remodeled and leased, and no deferred maintenance.

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Listing Information

Listing Updated
05/29/2026
Listed By
Robert Genera, 9729740956 · United Real Estate, 9723720590
MLS#
21284490
Source
North Texas Real Estate Information Systems (NTREIS)
Status
Active

Facts & Features

Location

Community Information

Address
1503 E Wells Ave, Sherman, TX 75090
City
Sherman
County
Grayson
Neighborhood
Linnstead J C Add
Zip Code
75090

Architecture

Bedrooms
5
Bathrooms
2
Year Built
1956
Construction Materials
Wood Siding, Brick
Building Area
1,469 sq. ft.
Foundation
Slab
Roof
Composition
Levels
One
Garage
Yes
Garage Spaces
1
Parking Features
Driveway, Private, Garage Door Opener, Garage, Concrete, Off Street, Garage Faces Front, Common, Additional Parking, On Site, Enclosed, Converted Garage, Lighted

Features & Amenities

Interior Features
High Speed Internet, Open Floorplan
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal
Flooring
Vinyl
Cooling
Ceiling Fan(s), Central Air, Electric, Roof Turbine(s)
Heating
Electric, Central

Property Features

Lot Size
0.21 Acres
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Electricity Connected, Underground Utilities

Square Footage

Total
1,469 sq. ft.

Tax & Financial Information

List Price
$229,900
Annual Taxes
$3,527

Schools

100/100
Fairview Elementary
Elementary · Grades PK–05 · 2.3 mi
City
Sherman
Students
372
Parent reviews
5.0★ avg · 1 review
Student body
64% White · 17% Hispanic / Latino · 10% Black
Free/reduced lunch
53%
Phone
(903) 891-6580
100/100
Dillingham Elementary
Elementary · Grades PK–05 · 2.8 mi
City
Sherman
Students
837
Student body
56% Hispanic / Latino · 25% White · 11% Black
Free/reduced lunch
91%
Phone
(903) 891-6400
78/100
Sherman High School
High · Grades 09–12 · 3.7 mi
City
Sherman
Students
2,015
Parent reviews
5.0★ avg · 2 reviews
Student body
42% Hispanic / Latino · 36% White · 13% Black
Free/reduced lunch
68%
Phone
(903) 891-6440
77/100
Henry W Sory Elementary
Elementary · Grades PK–05 · 2.4 mi
City
Sherman
Students
576
Parent reviews
5.0★ avg · 1 review
Student body
46% White · 33% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
63%
Phone
(903) 891-6650
76/100
Wakefield Elementary
Elementary · Grades KG–05 · 2.3 mi
City
Sherman
Students
308
Parent reviews
5.0★ avg · 1 review
Student body
41% White · 24% Hispanic / Latino · 13% Black
Free/reduced lunch
61%
Phone
(903) 891-6595
55/100
Jefferson Elementary
Grades M–M · 0.8 mi
City
Sherman
Students
230
Student body
73% Hispanic / Latino · 16% White · 8% Black
Free/reduced lunch
92%
Phone
(903) 891-6610
55/100
Percy W Neblett Elementary
Elementary · Grades PK–05 · 2.8 mi
City
Sherman
Students
506
Student body
40% White · 23% Hispanic / Latino · 22% Black
Free/reduced lunch
73%
Phone
(903) 891-6670
54/100
Sherman Middle
Middle · Grades 06–08 · 0.7 mi
City
Sherman
Students
882
Student body
46% Hispanic / Latino · 30% White · 14% Black
Free/reduced lunch
82%
Phone
(903) 891-6400

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
05/28/2026Listed for sale$229,900

Listed by Robert Genera · United Real Estate · 9723720590

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.

Last Updated: May 29, 2026 at 7:18 PM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21284490

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