USATXShermanBelmont Add1917 E Mulberry St

1917 E Mulberry St, House other with 4 bedrooms, 2 bathrooms and null parking in Sherman TX | Image 1

$259,990

1917 E Mulberry St, Sherman, TX

House

For Sale

$--,---,---

420

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1561 sqft

Garage Yes

Taxes

Days Active 84

Lot Size

Approx. Age 1958

Avg. Price Per Sqft $166

MLS® Number 20945466

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description

MLS® Number20945466

Laundry Level

Central VacNo

FireplaceNo

Acreage0.138

ExteriorPrivate Yard, Storage

GarageYes

Approx. Age1958

Basement

DrivewayAdditional Parking, Concrete, Direct Access, Driveway, Off Street

Garage Spaces

HeatCentral, Electric

A/CCentral Air, Electric, Wall Units, Wall Window Units

Heating Fuel

Extras

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