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$129,900 Just Listed
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Property Description
Investment opportunity in Sherman, Texas. This 3-bedroom, 2-bath home located at 1429 S Elm St is currently tenant-occupied with renters paying $1,300 per month, providing immediate rental income for investors. Conveniently located in Sherman with easy access to shopping, dining, schools, and major highways. Sherman continues to experience strong growth and economic development, bringing new opportunities and making the area an increasingly attractive place to live and invest. Whether you're looking to expand your rental portfolio or secure a property in one of North Texas' growing communities, this property offers solid investment potential. The seller is offering to replace the roof before closing with an acceptable offer. Seller is also selling 625 Main in Denison with the mls number 21200427 AND the duplex at 1422 E Lamar. Feel free to make an offer for all three!
Full Property Details
Full Property Details for 1429 S Elm
General
- Price: $129,900
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21198367
- Updated: 3/9/2026
- Added to Site: Today
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Driveway
Location
- County: Grayson
- Subdivision: MOORE B H HEIRS
- Driving Directions: GPS Friendly
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Washington
- Middle School: Piner
- High School: Sherman
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Architectural Style: Craftsman, Detached
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 1,088 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.132
- Lot Size (Sq. Ft.): 5,749.92
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Legal Description: MOORE B H HEIRS, BLOCK 6, LOT PT 4 & 5, ACRES 0.13
- Exclusions: all items owned by tenants
- Property ID: 166481
Listed by Re/Max First Realty, Kelly Bob Bayer
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Schools
Schools serving 1429 S Elm
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School 815 South Travis Street, Sherman, TX 75090 | K-5 | 0.5 mi |
Piner Middle School 402 West Pecan Street, Sherman, TX 75090 | 6-8 | 1.2 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1429 S Elm
Date
Details
Price
Change
Source
3/09/2026
Listed
$129,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1429 S Elm
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,300
-1%
$109,981
5%
2023
$2,315
6%
$104,864
-1%
2022
$2,178
—
$105,452
13%
2022
$2,178
46%
$92,936
52%
2021
$1,488
-3%
$61,118
—
2020
$1,532
30%
$61,118
36%
2019
$1,177
8%
$44,851
11%
2018
$1,091
21%
$40,459
13%
2017
$898
-7%
$35,776
-8%
2016
$970
-5%
$38,958
-5%
2015
$1,023
-10%
$41,174
-10%
2014
$1,132
-7%
$45,555
-8%
2013
$1,219
—
$49,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1429 S Elm
1429 S Elm, Sherman, TX 75090 (MLS# 21198367) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1429 S Elm is currently listed for $129,900 and was received on March 09, 2026. Want to learn more about 1429 S Elm? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

