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Residential > House
Active
4 weeks ago
List Price
$259,990$167/ft²

1917 Mulberry St
Sherman, TX 75090

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  • Malobo BannerMalobo Banner Square
    1917 Mulberry St, Sherman, TX 75090 is a 4 bed, 2 bath, 1,561 ft² house built in 1958 on a 0.138 acre lot. This house is currently for sale for $259,990, and it was last sold in 2022. The latest TopHap estimate of the house's value is $325,333.

    Property Valuations

    Latest estimates for 1917 Mulberry St based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    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) 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. ?? 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.

    Listing Agents

    The listing agent for 1917 Mulberry St is Tracy Thomson.

    Current Ownership

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    Property History

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    Environment

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    School Information

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    Neighborhood

    This property is located in 75090.

    Market Trends

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    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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