Active
2 units3 bd2 ba2,428 sqft
Cost to live here
$3,083/moafter $1,099/mo in rent
Income to qualify: about $101,000 a year, rent counted
At 20% down, 30-year fixed. From 3% down.
$550,000•House + ADU
1627 Rockport Road, Sherman, TX 75092
1002 W Washington Street, Sherman, TX 75092
Active
Listed 154 days agoOwner-Occupant Eligible
About $1,033 a month to live here, after the rent from the other home.
Duplex2,678 sqft4 beds4 bathsListed Jun 11, 2026
A duplex. Live in one home and rent out the other. How it works
Live here for about
$1,033a month
The other home rents for $2,303. We hold back $380 of that for repairs and an empty month, and the rest goes toward a $2,956 monthly payment.
Income to qualify: about $62,000 a year
With how much down?
At 20% down ($80,000) and 5.6%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $55,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$14,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Nice investment property in growing Sherman, TX. 1000 and 1002 W Washington duplex. Both sides currently occupied 2 bedroom 2 baths each side with updated flooring and paint throughout. Nice sized kitchen with appliances including refrigerator. Full Size utility room in each unit. 2 covered parking spots per unit. Privacy fenced side yard per unit plus outside storage closet per unit. Recent roof replacement. 1004 and 1006 W Washington duplex next door for sale also.
Duplex
Property Type
7,187 sqft
Lot Size
1986
Year Built
Listing Date: 06/11/2026
Listed by: Amanda Phillips
Listing office: Real Broker, LLC
Source: NTREIS #21298275
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$400,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$400,000
Your Down Payment$80,000
Financed$320,000
Estimated Monthly Payment$2,956
Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($80,000) and 5.6%, 30-year fixed. Your rate and down payment change this.
Current Rent
Current Rent
Market Rent
Estimated Monthly Payment (Before Rental Income)
$2,956/month
Principal + Interest
$1,837Property Taxes
$613Home Insurance
$506Estimated Monthly Payment (Before Rental Income)
$2,956/month
Principal + Interest
$1,837Property Taxes
$613Home Insurance
$506$2,956/month
$1,837
$613
$506
Rental Income (1 Unit)
$2,303/month
From the listing description.
Rental Expenses
-$380Rental Income (1 Unit)
$2,303/month
From the listing description.
Rental Expenses
-$380$2,303/month
-$380
Cost to live hereCost to live here, after rent
$1,033/month
Cost to live hereCost to live here, after rent
$1,033/month
$1,033/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21298275 · Listing office: Real Broker, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
