1416 S Travis Street
Property Description
Rare triplex opportunity in Sherman featuring three separate units with three separate electric meters on a .2296-acre lot. This 1920s home blends historic character with major updates, including a new roof and new siding installed in 2026. Every unit comes equipped with an electric range and oven, microwave, and refrigerator, making it move-in ready for tenants or owner-occupants. The first unit offers 1 bedroom, 1 bath, an eat-in kitchen, and a covered front porch. The second unit features 2 bedrooms, 1 bath, a living room, an eat-in kitchen, and its own covered front porch. The upstairs unit includes 3 spacious bedrooms, 1 bath, a laundry area, an eat-in kitchen open to the living and dining areas, and a small second-story patio. Outside, you'll find a large fenced backyard, two driveways with room for up to 6 vehicles, and plenty of on-street parking. The home sits on a pier and beam foundation. Separate electric meters allow each unit to be billed individually, and utilities are tenant-paid, keeping owner operating costs low. Set on South Travis Street in the established M B Moore Addition, the property is tucked into a residential neighborhood yet just minutes from US-75, historic downtown Sherman with its restaurants, shops, and events, Austin College, and Sherman's growing semiconductor corridor, home to major new investments from Texas Instruments and GlobalWafers. Whether you're looking to add an income-producing property to your portfolio, live in one unit while renting the others, or restore a piece of Sherman's history, this triplex offers flexibility and long-term potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $380,000 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Price per unit: | $126,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-NTREIS-21411061
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