1503 E  Wells Ave, Sherman, TX 75090
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Property image
FOR SALE
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$229,900

  • 5 Beds
  • 2 Baths
  • 1,469 sqft

1503 E Wells Ave, Sherman, TX 75090

Est. Mortgage $1,574/mo*
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Home Highlights

Multi-Family
Built in 1956
$157/sqft
Garage

Local Information

  • Map ViewExplore the area around 1503 E Wells Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 22 hours ago
Listing courtesy of Robert Genera 0631641, (972) 974-0956
United Real Estate, 972-974-0956
Source: NTREIS, MLS#21284490
Also Listed on NTREIS.

Home Details for 1503 E Wells Ave

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Separate Meters, Underground Utilities, Water AvailableAppliances: Dishwasher, Electric Range, Electric Water Heater, DisposalDishwasherDisposal
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Electric,Roof Turbine(s)Has HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Luxury Vinyl Plank

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Slab
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 2Parking: Additional Parking,Converted Garage,Common,Concrete,Driveway,Enclosed,Garage Faces Front,Garage,Garage Door Opener,Lighted,On Site,Off Street,Private
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 1Days on Market: 116

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: Brick, Wood Siding
Property Information
Parcel Number: 164751

Price & Status

Price
List Price: $229,900Price Per Sqft: $157
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: ShermanCommunity: Linnstead J C Add
School Information
Elementary School: CrutchfieldElementary School District: Sherman ISDJr High / Middle School: ShermanJr High / Middle School District: Sherman ISDHigh School: ShermanHigh School District: Sherman ISD

Agent Information

Listing Agent
Listing ID: 21284490

Building

Building Area
Building Area: 1469 Square Feet

HOA

No HOA

Lot Information

Lot Area: 9016.92 sqft

Offer

Listing Terms: Cash, Conventional, Contract, 1031 Exchange, FHA, VA Loan

Miscellaneous

Mls Number: 21284490Living Area Range Units: Square FeetAttribution Contact: 972-974-0956

What Locals Say about Sherman

At least 385 Trulia users voted on each feature.
  • 89 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say parking is easy

  • 73 % Say it's dog friendly

  • 72 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 55 % Say it's quiet

  • 51 % Say neighbors are friendly

  • 49 % Say people would walk alone at night

  • 45 % Say they plan to stay for at least 5 years

  • 44 % Say there are sidewalks

  • 36 % Say there's wildlife

  • 32 % Say it's walkable to grocery stores

  • 32 % Say streets are well-lit

  • 23 % Say it's walkable to restaurants

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Y7hpykvkfg
    "They would the park across the street with sidewalks and trails in shaded areas. Most people keep their dogs on leashes."
  • Liz Green
    "Too many dogs getting out of fences. This could be fixed. Otherwise neighborhood is good. Nice people around. "
  • Jacob Chapman
    "Small town. Not enough shopping & unique restaurants. Sherman arts festival. That’s all really nothing much more to say. "
  • Dhudnall
    "I love this area and have been here many years . Wonderful Neighbors and A great place to call Home."
  • Liz Green
    "Too much construction in the area scattered. I prefer taking the highway than the side streets due to this. "
  • Stonecam961
    "Quiet family neighborhood with kids from elementary school to high school. The houses are nice family homes. A great neighborhood. "
  • Tjodowd
    "My neighborhood has homes on a group lots with plenty of room for dogs to roam.Mouse neighbors in my neighborhood have dogs. Lots of neighbors walk their dogs up and down our streets."
  • Art M.
    "My neighborhood is convent to major freeway into Dallas. Easy commute to McKinney, Dallas or north to Oklahoma. Limited access to public transportation. "
  • Christina C.
    "Nice, quiet and well kept. All of our neighbors are really nice. We’re close to supermarkets and stores"
  • Phebehenderson
    "I’ve livid here for 1.5 years. It is a quiet neighborhood close to a school. I live with an a two minute drive to the hospital. I am about five minutes from all shopping. "
  • Charles P.
    "it is hard to walk your dog because of no sidewalks. their are lots of breed restrictions. including size restrictions. "
  • Dw50star69
    "not much in the way of public transit... I use to ride a bicycle to downtown. There are some really good bicycle riding areas"
  • Codycramer
    "Preston Club is great for having a family. Good for walking and playing out in the yards. Lots of dog owners, walking their pets. "
  • Codycramer
    "Little big town. Everything is within 10 mins. Nice/friendly service around town. The school are a good size. "
  • Dsymington
    "I’m retired. It generally takes my husband 10 minutes to drive to work “across” town. There is no public transportation. "
  • Bailey V.
    "This is just where one of my stations is for my work, it has left a good first impression. Everything you would need is close by"
  • Ayda C.
    "In this city everyone stays to theirselves. Everyone here that talks to one another knows each other. Everyone is a regular somewhere."
  • Kinta V.
    "ived lived near here for 7 years. fairly nice place to live . it has a really small town feel and the people are friendly. lots of shopping and nearby lake texoma is a great place to fish and boat. "
  • Bobbie B.
    "Nice, friendly people. Helpful people. New entertainment center, with bowling, movie theater and gaming center"
  • Kristopher F.
    "People drive fast just like the city but it’s a great school district and easy commutes to stores people are very friendly"
  • Hotmixer
    "Various civic events throughout the year and new business being located here. Cost of living is affordable in comparison to other areas. Water recreation on nearby waterways including fishing, skying, camping etc"
  • Mirella I.
    "been here three years since I moved from Chicago and the Neighbors are friendly and is a safe neighborhood"
  • Bobbie B.
    "Leash law is very strict, some places have a limit on how many and certain breeds not allowed, mainly large dogs or ones considered violent "
  • Stephanie G.
    "I've lived in Sherman for 4 years, and before that I lived in its neighbouring town Denison for 16 years. A growing community that still looks out for each other. We wave at each other even if we don't know each other, and there is a general sense of community overall. It's a town just big enough to not be too big. "
  • John C.
    "There are several parks around town that are pet friendly. You have to have a car to get to most but my dog loves the variety. "
  • Mollymoss2
    "It is right off the highway but still secluded. I love my new home! Thanks to Trulia for helping me find it & finding me the best realtor ever!! "
  • Megandubois16
    "there are many families in our neighborhood and they have great parks and schools for our children to enjoy"
  • Twb1977
    "peaceful. quite. friendly. it is just what we were looking for. community events downtow for any who want to go"
  • Geraldoesquivel
    "I seen lots of kids riding bikes, people walking all the time really no dogs in this neighborhood..people in this neighborhood love pets... "
  • Sam H.
    "public transportation is lacking and sidewalks are needed for easy pedestrian access. lighting is also needed. "
  • Honeyannie
    "Fall Festival and quietness of the surrounding with trees and animals big Parks and lakes and beautiful sceneries friendly staff In the small local Mom and pop shops. "
  • Unspecified
    "Lots of families, elementary school is within walking distance. Lots of old shops around. Kids love playing outside. "
  • Mcconkey2014
    "Yes they would we have neighbors who have pets. Plus there are people that we know have pets. It’s a great place to walk your dog. We don’t have any complaints from any of our neighbors."

Market trends in Sherman

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$276K
$2.73K
MoM
Sale-to-List Price
97.9%
0.3%
MoM
Price per sq ft
$153
$4
MoM
Available listings
393
13
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6.26
Multi-Family Home
-
06/03/26
5
2
2,232
7.20
Multi-Family Home
-
07/27/26
6
5
2,572

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
-
3
2
1,090
Recently Sold
0.03
-
2
1
886
Recently Sold
0.09
$250,000
3
1
1,289
For Sale
0.12
$150,100
2
1.5
1,330
Off Market
0.07
$216,700
3
2
1,200
Off Market
0.13
$50,000
-
-
-
For Sale
0.14
-
4
3
1,871
Recently Sold
0.16
$111,200
2
1
828
Off Market
0.16
$165,000
3
2
1,240
Off Market
0.20
$159,900
3
1
1,188
For Sale
0.16
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
May 28, 2026
Source: NTREIS #21284490
Listed For Sale
$229,900
Feb 27, 2026
Source: Zillow Rentals
ListingRemoved
$999
Feb 20, 2026
Source: Zillow Rentals
PriceChange
$999
Price decreased by 9%
Feb 4, 2026
Source: Zillow Rentals
PriceChange
$1,095
Price decreased by 8%
Dec 3, 2025
Source: Zillow Rentals
PriceChange
$1,195
Price decreased by 8%

LGBTQ Local Legal Protections

Robert Genera, United Real Estate, 972-974-0956
Agent Phone: (972) 974-0956
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Frequently asked questions about 1503 E Wells Ave

  • What is the estimated monthly payment for 1503 E Wells Ave?
    Based on a $229,900 list price with 20% down at today's rates, the estimated monthly payment for 1503 E Wells Ave in Sherman, TX is approximately $1,603 (about $1,248 principal & interest, $280 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1503 E Wells Ave compare to homes in Sherman?
    1503 E Wells Ave in Sherman, TX is listed at $229,900, about 17% below the $276K median sale price in Sherman.
  • What do residents say about Sherman?
    Residents describe Sherman, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Sherman, TX.
  • What are the closest schools to 1503 E Wells Ave?
    The closest schools to 1503 E Wells Ave in Sherman, TX are Crutchfield Elementary School (rated 4/10), Sherman High School (rated 5/10), Sherman Middle (rated 4/10).
  • Does 1503 E Wells Ave have air conditioning?
    Yes, 1503 E Wells Ave in Sherman, TX has air conditioning.
  • Is there a virtual tour of 1503 E Wells Ave?
    Yes, a virtual tour of 1503 E Wells Ave in Sherman, TX is available.
1503 E Wells Ave, Sherman, TX 75090 is a 5 bedroom, 2 bathroom, 1,469 sqft multi-family built in 1956. This property is currently available for sale and was listed by NTREIS on May 28, 2026. The MLS # for this home is MLS# 21284490.