320 Cleveland, Sherman, Texas

$399,000
Active
320 Cleveland, Sherman, Texas
320 Cleveland, Sherman, Texas
320 Cleveland, Sherman, Texas
Contact Agent
Call Email

Property Details

MLS ID: 21227961
Status: Active
Price: $399,000
Acres: 0.39±
Type: Triplex, Residential
Address: 320 Cleveland
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75090
Lat/Long: 33.64290, -96.59252
Parcel Number: 161149
Bedrooms: 5
Bathrooms: 3
Year Built: 1979

Description

Prime income-producing opportunity just minutes from Austin College. Located only two blocks from campus, this versatile multi-unit property offers strong rental history, walkability, and immediate cash flow in one of Sherman’s most desirable investment corridors.

The property features a well-maintained brick duplex fronting Cleveland Street, with separate entrances at 320 N. Cleveland and 1520 Mulberry, plus a unique two-story loft-style unit at 1580 Mulberry. An added value opportunity exists with the lower level of the loft, which is ready for completion and could be finished into an additional studio apartment—creating even greater income potential.

Positioned within walking distance to the college and just minutes from shopping, dining, medical facilities, and retail, this location consistently attracts tenants and supports long-term occupancy. This is a proven performer.

Current Leases:

320 Mulberry – $1,100 a month, lease through November 30, 2026

320 N. Cleveland – $1,080 a month, lease through August 31, 2026

1520 Mulberry – $1,100 a month, lease through November 30, 2026

Whether you are expanding your portfolio or securing a reliable income property in a high-demand rental market, this asset offers both stability and upside in a location that continues to grow.

Directions: From Texoma Parkway take Grand Ave. east to Mulberry, Turn Left (south) to N Cleveland - Properties are on SE Corner of N Cleveland and Mulberry

Maps

Get Directions
  • NAIP
  • Satellite
  • Topography
Andy Flack

Andy Flack

HomeLand Properties, Inc.

Ask Andy a Question

  • This field is for validation purposes and should be left unchanged.

Get Financing

Calculate your monthly payment
And talk with our lenders.

Start Here

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Andy Flack
Andy Flack
HomeLand Properties, Inc.
Call
Ask Andy About This Property
  • This field is for validation purposes and should be left unchanged.

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of May 6, 2026 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: May 6, 2026 at 12:00:00 AM UTC

Listed By: Theresa Brendemihl of Easy Life Realty