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410 Vaden Street

Sherman, TX 75090

$240,000

3 units · 1930

Units3
Building area1,624 sq ft
Year built1930
Gross income$28,800/yr
Cap rate9.87% as listed
Parking4 spaces
Lot size0.23 acres
TypeTriplex

What it costs to own

Taxes$2,624 per year
HOANone listed
Operating expenses$5,123 per year — as listed
Insurance$2,500 per year — as listed
Net operating income$23,677 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Turnkey investment opportunity in the heart of Sherman! This fully renovated triplex offers three one-bedroom, one-bath units, making it an excellent addition to any investment portfolio. Renovated in 2021, each unit features an open-concept living, dining, and kitchen area with durable luxury vinyl plank flooring that continues into the bedroom, creating a modern, cohesive look. The kitchens offer updated cabinetry, solid surface countertops, stainless steel appliances, and contemporary finishes, while the bathrooms have been tastefully remodeled.

The property has a strong rental history, with two units currently leased and one recently becoming vacant—providing immediate income with the opportunity to quickly lease the third unit. One-bedroom rentals priced under $1,000 per month are becoming increasingly rare in Sherman and remain in high demand, making this property well-positioned for continued occupancy. A shared laundry room located at the rear of the property includes a stacked washer and dryer for tenant convenience.

Conveniently located just minutes from downtown Sherman, shopping, dining, and major employers, 410 S. Vaden St. offers investors the advantage of multiple income streams from a single property. Whether you're expanding your portfolio or purchasing your first income-producing property, this turnkey triplex delivers excellent cash flow potential in a growing market.

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air
FlooringVinyl
AppliancesBuilt-In Gas Range, Dishwasher, Electric Range, Microwave
Interior featuresCable TV Available, Eat-in Kitchen, High Speed Internet Available

Construction materialsSiding
RoofComposition
FoundationPillar/Post/Pier

Lot featuresCorner Lot
FencingNone
Water sourceCity Water
SewerCity Sewer

SubdivisionHazelwood & Vaden Add

ElementaryCrutchfield
Middle schoolSherman
High schoolSherman
DistrictSherman ISD

Gross income$28,800 per year
Operating expenses$5,123 per year
Operating includesInsurance
Insurance$2,500 per year
Cap rate9.87% — as listed
Net operating income$23,677 per year

MLS #21327409
Source
Price changeReduced by $10,000 · Oct 12, 2026
On the market94 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryKroger · 1.5 mi
Nearest parkFielder Park · 0.3 mi

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Listing courtesy of Easy Life Realty — Brad Rhodes.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21327409. Information last updated October 12, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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