Sherman Multifamily Play — Rehab + New Build Opportunity 75090

Descripiton

Sherman, TX opportunity with two units on one multi‑family‑zoned lot — massive upside with both rehab and new‑build potential. Asking $130,000 cash. Combined ARV sits in the $385,000–$415,000 range depending on renovation scope and whether Unit B is rebuilt. Perfect for investors looking to capitalize on Sherman’s explosive growth and the $60B TI plant driving demand. • 2 units on 1 lot (already zoned multi‑family — no rezoning needed) • Unit A: 2 Bed / 1 Bath, ~1,200 sqft, rehab‑ready • Unit A upgrades: new roof, new water heater • Unit A ARV: $155,000–$165,000 • Unit A rehab: ~$35K–$40K • Unit B: 3 Bed / 2 Bath footprint • Needs heavy rehab or full demo + new build • Unit B ARV (new build): $230,000–$250,000 • New builds in the area comping strong • Combined ARV: $385,000–$415,000 • Multi‑family parcel with strong long‑term upside • Option to build a duplex for deeper returns • Sherman, TX market is surging • Massive economic growth from TI plant (5 miles away) • High demand + rising values = strong exit potential Great opportunity for investors who want a value‑add + new‑build combo play in a booming market. Secure this deal and maximize your return. Serious buyers only; quick close preferred.

Gallery Images