$575,000

1408 Park Pl Unit 1402, 1404, 1408 Sherman, TX 75092

$6,828
Closing credit¹
9 beds
6 full
0.4 acres
Multi-Family

Property details

About 1408 Park Pl Unit 1402, 1404, 1408

Excellent investment opportunity in rapidly growing Sherman, TX. Triplex with three units, each consisting of 3 bedrooms, 2 bathrooms, plus one car garage. Fenced backyards. Great for cash flow or 1031 exchange. Located near Fairview Park and schools. 1402 leased through February 2026 for $1395 per month, 1408 currently leased for $1395 through September 2025, 1404 leased through February 2026 for $1395.

Highlights

Home typeTriplex
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Lot size0.372 Acres
Year built2013
ParkingDriveway, Enclosed, Garage Faces Front, Garage
MLS #20795147
Attached garage3 spaces

Virtual tour

Summary

  • Full Bathrooms: 6
  • Appliances: Dishwasher
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: High Speed Internet, Multiple Staircases, Cable TV
  • Total Bedroom Count: 9
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Enclosed, Garage Faces Front, Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $575,000
  • Lot: Subdivision, Sloped
  • Directions: Hwy 75 to West on Taylor Street. Proceed to left on Park Place. Property will be around corner on the left.
  • Year Built: 2013
  • Lot Size: 0.372 Acres
  • MLS Number: 20795147
  • MLS Name: NTR
  • Office Name: PARAGON, REALTORS
  • Office Phone: (903) 893-8174
  • Listing Agent: Kimberly Hudgins

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Last updated on: 5/10/2025, 11:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with central AC and a garage

$575,000

1408 Park Pl Unit 1402, 1404, 1408

$6,828

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Fairview Elementary School

Public District KG-5

0.5 mi

501 W Taylor St

3

Wakefield Elementary School

Public District KG-5

0.9 mi

400 Sunset Blvd

6

Henry Sory Elementary School

Public District KG-5

1.4 mi

120 Binkley Park Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,448. The majority of Sherman, TX residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

33%
<35k
53%
35k-100k
10%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
18%
Single, with Kids
26%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • College BasketballCollege Basketball
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • DillardsDillards
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Logan's RoadhouseLogan's Roadhouse
  • ChipotleChipotle

What do the neighbors drive?

  • BuickBuick
  • HyundaiHyundai
  • MazdaMazda

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

This home is located at 1408 Park Pl Unit 1402, 1404, 1408 in Sherman, TX and zip code 75092. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $575,000.

The inventory of homes for sale in Sherman, TX between March and April 2025 increased by 14.4%. Listings spent 93 days on the market in April 2025, and had a median list price of $309,983 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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