About this home

INVESTMENT OPPORTUNITY IN SHERMAN TX! Whether you're looking to expand your real estate portfolio or take your first step into investing through house hacking, this well-maintained, full duplex at 615-617 E Carter Street offers an excellent opportunity! Built in 2018, this property features two spacious units, each offering 3 bedrooms, 2 full bathrooms, and approximately 1,250 square feet of living space. Both units feature updated interiors with an open-concept living, dining, and kitchen area, granite countertops, stainless steel appliances, and attractive flooring throughout the main living spaces. Each unit also offers a functional floor plan, spacious bedrooms, and its own attached garage. Outside, residents can enjoy private, fenced backyards with patio space. For investors, this is an opportunity to add a newer, well-cared-for duplex to a growing portfolio of small multifamily properties. For buyers looking to get started in real estate investing, consider the benefits of house hacking! Live in one unit while renting out the other, allowing rental income to help offset your monthly mortgage payment while you build equity in a property of your own. Qualified owner-occupant buyers may be eligible for FHA financing with as little as 3.5% down or VA financing with no down payment, subject to lender and program requirements. One side is currently leased out at $1300-mo and the other is vacant giving you flexibility to move in as an owner occupant or to select your own tenant.This creates an opportunity to enter the investment property market without the substantial down payment typically associated with traditional investment financing. Whether you're a seasoned investor or a first-time buyer looking to make a smart move into real estate investing, this full duplex offers flexibility, functionality, and long-term investment potential! Investment opportunity in Sherman Tx with OWNER FINANCING AVAILABLE.

Facts and features

Schools

• Piner Middle School

  middle · 6-8 · 0.8 mi

  5

• Sherman High School

  high · 9-12 · 1.2 mi

  5

• Grayson Christian School

  elementary · K-12 · 0.7 mi

• Washington Elementary School

  elementary · K-5 · 1.1 mi

  2

• Montessori Academy of North Texas

  elementary · K-7 · 1.0 mi

• St Marys Catholic School

  elementary · K-8 · 1.0 mi

Price history

• Nov 5, 2026 · Price Changed$369,900
• Oct 16, 2026 · Listed$379,900
• Oct 10, 2026 · Listing Removed—
• Aug 19, 2026 · Listed For Rent$1,375
• Jun 23, 2025 · Listing Removed—
• Jun 3, 2025 · Price Changed For Rent$1,250
• May 19, 2025 · Price Changed For Rent$1,300
• May 5, 2025 · Price Changed For Rent$1,350

Tax history

• 2026$8,538 tax · $389,284 assessed
• 2025$8,673 tax · $395,437 assessed
• 2023$9,619 tax · $410,472 assessed
• 2022$7,453 tax · $318,019 assessed
• 2021$7,343 tax · $301,524 assessed
• 2020$6,800 tax · $271,326 assessed
• 2019$6,732 tax · $256,530 assessed
• 2018$87 tax · $3,256 assessed

Where it is