3 days on RocketTour
$3,264 Closing Credit¹
#20976145, Don McGrath, Listing office: Lovejoy Homes Realty, LLC.
$259,990 List price
1917 E Mulberry St Sherman, TX 75090
$3,087
Closing credit¹
4 beds
2 full
1,561 sqft
0.1 acres
$167 / sqft
House
Property details
About 1917 E Mulberry St
Investor Alert! Fully Renovated Rental Property with Strong Lease in Place Welcome to 1917 E Mulberry St, Sherman, Texas—a high-performing turnkey investment with major capital improvements already taken care of and a reliable tenant in place. This 4-bedroom, 2-bath home blends classic charm with modern updates and offers solid cash flow from day one. ?? Big-Ticket Updates Already Completed: New Gutters (November 2023) New HVAC (June 2022) New Hardy Siding (2023) New Roof (May 2022) Custom Cedar Garage Door New Waterproof Luzury Vinyl Plank (LVP) New Windows (May 2022) New Electrical Panel - Meter Base - Complete Wiring. (May 2022) Custom Kitchen Cabinets & Quartz Countertops New Milwork: Doors - Base Trim - Window Trim Custom tiled shower & Floor Fully Updated Bathrooms - Showers - toilets - Vanities - Hardware - and Accessories ?? Investor Highlights: Current monthly rent: $1995 Lease through: February 28, 2027 (That’s nearly two full years of passive income already locked in) Annual gross rent: $23,940 Estimated ROI: 8–10% depending on purchase price and financing—ask for a breakdown! Inside, tenants enjoy an open-concept layout with abundant natural light, a fully updated kitchen featuring granite countertops, stainless appliances, and sleek cabinetry. The master suite offers a private bathroom with contemporary finishes, and the three additional bedrooms provide flexibility for families or roommates. ??? With all major systems recently updated, this property offers a low-maintenance investment in a high-demand rental area. ?? Located in a friendly Sherman neighborhood near schools, parks, and commuter routes—keeping tenant retention strong. ?? Seller is willing to offer concessions to help with closing costs or rate buy-down. Whether you're expanding your portfolio or entering the investment game, this property checks all the boxes: long-term lease, updated infrastructure, and positive cash flow potential.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric, Wall Unit(s), Wall/Window Unit(s)
Size1,561 sqft
Lot size0.138 Acres
Year built1958
ParkingAdditional Parking, Concrete, Direct Access, Driveway, Off Street
MLS #20945466
Attached garage1 space
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Electric Cooktop, Electric Oven, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Basement: No
- Flooring Type: Luxury Vinyl Plank, Tile
- Interior: Built-in Features, Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Additional Parking, Concrete, Direct Access, Driveway, Off Street
- Exterior: Private Yard, Storage
- Architectural Style: Craftsman, Traditional, Detached
- Heating: Central, Electric
- Cooling: Central Air, Electric, Wall Unit(s), Wall/Window Unit(s)
- List Price: $259,990
- Price/SqFt: $166
- Annual Tax Amount: $2,221
- Tax Year: 2024
- Lot: Few Trees
- Directions: -See GPS -
- Year Built: 1958
- Living Area: 1,561 SqFt
- Lot Size: 0.138 Acres
- MLS Number: 20945466
- MLS Name: NTR
- Office Name: eXp Realty LLC
- Office Phone: (469) 714-2100
- Listing Agent: Tracy Thomson
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 6/23/2025, 5:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$259,990
1917 E Mulberry St
$3,087
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $247,835 | $2,221 |
| 2023 | $214,335 | $2,221 |
| 2022 | $94,806 | $- |
History based on county public records data.
Nearby schools
3
Crutchfield Elementary School
Public District KG-5
0.6 mi
•521 S Dewey Ave
3
Washington Elementary School
Public District KG-5
1.5 mi
•815 S Travis St
5
Fairview Elementary School
Public District KG-5
2.1 mi
•501 W Taylor St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,451. Residents of Sherman, TX typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
49%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
20%
Single, with Kids
18%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
33%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Horse Races
Where do the neighbors shop?
Burlington
Books-a-Million
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Toyota
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Adult Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1917 E Mulberry St
The listing price of 1917 E Mulberry St property is $259,990.
The property 1917 E Mulberry St is a house located in Sherman, Texas, 75090.
Active Listing: 1917 E Mulberry St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1917 E Mulberry St are: Crutchfield Elementary School (GreatSchools Rating 3/10), Washington Elementary School (GreatSchools Rating 3/10), Fairview Elementary School (GreatSchools Rating 5/10), Sherman Middle School (GreatSchools Rating 4/10), Piner Middle School (GreatSchools Rating 5/10), Scott Middle School (GreatSchools Rating 4/10), Sherman High School (GreatSchools Rating 5/10), Perrin Learning Center (GreatSchools Rating 1/10), Pathways High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,221 (source: MLS/based on county public records data).
The property at 1917 E Mulberry St has 4 bedrooms and 2 bathrooms.
The property 1917 E Mulberry St is 1,561 SqFt (source: MLS/tax record).
The year of construction for 1917 E Mulberry St is 1958.
This home is located at 1917 E Mulberry St in Sherman, TX and zip code 75090. This 1,561 square foot home, which was built in 1958, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $259,990.
The number of homes for sale in Sherman, TX increased by 11.6% between April and May 2025. Listings spent 98 days on the market in May 2025, and had a median list price of $310,314 during the same period.
From Rocket Homes Real Estate and based on county public records data.