$408,500

Est. payment - /mo

6 Beds

4 Baths

7,405 Sqft Lot

Sold on 07/03/2025

2829-2833 Peony Drive Sherman, TX 75092

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Vijay Muthuraman

+1(214) 727-6680

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Grove Add

MLS Listing ID 20942235

Sold Date 07/03/25

Bedrooms 6

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2190

Year Built 2022

Annual Tax Amount $7,237

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Property Description

Great investment opportunity in a solid location! This duplex features two spacious 3 bedroom, 2 bathroom units, each with a 1 car attached garage. One side is currently occupied with a long-term tenant lease in place, providing immediate rental income, while the other unit will be vacant at the end of June, perfect for owner occupancy or new tenant placement at market rent. Each unit offers a functional layout with open living areas, ample storage, and private garages. The property offers strong rental potential in a desirable area close to schools, shopping, and major roadways.

Location

State TX

County Grayson

Direction Inside The Grove Addition on Peony.

Interior

Interior Features Cable TV Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Heat Source Central, Electric

Exterior

Garage Spaces 1.0

Fence Back Yard, Wood

Utilities Available Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected, Sidewalk

Roof Type Composition

Total Parking Spaces 1

Garage Yes

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Siding

Schools

Elementary Schools Henry W Sory

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Clay Gilbert • C-21 DEAN GILBERT, REALTORS
Bought with Shelly Jacob • Beyond Homes, LLC