$340,000
●
House -
Off Market
1732 Fairway Drive
Sherman, TX 75090
3 Beds
1 Bath,
1
Half Bath
2,151 Ft²
$344,059
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
This stunning residence is situated on a spacious corner lot
conveniently located for swift travel to Highway 75. The home
comprises 3 bedrooms and 2.5 bathrooms. Upon entering, you'll
be greeted by exquisite, oversized barn doors leading to the bonus
room suitable for a formal dining room or office. The living room
features high ceilings, the over-sized master bedroom and bathroom
include a delightful garden tub and an impressively large walk-in
closet. Upstairs, you'll find a loft area that could serve as a
game room or second living area, two bedrooms, and a completely
updated full-size bathroom. The expansive backyard is truly
remarkable, offering an ideal setting for entertainment with its
generous covered patio area, plenty of space for children or pets
to play, and the option to add a pool or playset! The roof and both
ac units have recently been replaced!
Unit Size
2,151 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$160
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
2002
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #20347159)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| Jun 5, 2023 | Listed by Keller Williams Frisco Stars | $345,000 | |
| Listed by Keller Williams Frisco Stars | |||
| May 2, 2019 | No longer available | - | |
| No longer available | |||
| Feb 2, 2019 | Price Decreased |
$249,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Jan 18, 2019 | Listed | $254,900 | |
| Listed | |||
| | |||
|
SELLER OFFERING FLOORING & COUNTER TOP ALLOWANCE! Gorgeous 3 bedroom 2 bathroom home with BONUS room - use for a 4th bedroom or office. Beautiful features include custom barn doors, updated light fixtures throughout part of the home, brand-new fresh paint throughout, NEW ROOF installed in 2017, solar screens on every window, HUGE covered back porch for excellent entertaining! In addition, a brand new electric oven has been installed. This property is located in a desirable subdivision across from the municipal airport. Conveniently located near Crutchfield Elementary and Sherman High School. This property has had many updates! Still in need of a few cosmetic updates! Finish out the home to make is your own! The manager has listed the unit size as 2151 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Sold On
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HOA + Taxes
About Sherman
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Listed by: Dana Thornhill, Keller Williams Frisco Stars
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20347159
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20347159
Details provided by NTREIS and may not match the public record
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