Selected for the Terner Labs Housing Venture Lab

410 S Vaden Street, Sherman, TX 75090

Active
Listed 125 days ago
Owner-Occupant Eligible
$240,000

About $203 a month to live here, after the rent from the other homes.

Triplex1,624 sqft3 beds3 bathsListed Jul 10, 2026

A triplex. Live in one home and rent out the other two. How it works

Live here for about

$203a month

The other homes rent for $2,000. We hold back $390 of that for repairs and an empty month, and the rest goes toward a $1,813 monthly payment.

Income to qualify: about $33,000 a year

With how much down?

At 20% down ($48,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $31,000 of it. See the ten-year math

See which homes fit your numbers
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.

$12,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Turnkey investment opportunity in the heart of Sherman! This fully renovated triplex offers three one-bedroom, one-bath units, making it an excellent addition to any investment portfolio. Renovated in 2021, each unit features an open-concept living, dining, and kitchen area with durable luxury vinyl plank flooring that continues into the bedroom, creating a modern, cohesive look. The kitchens offer updated cabinetry, solid surface countertops, stainless steel appliances, and contemporary finishes, while the bathrooms have been tastefully remodeled. The property has a strong rental history, with two units currently leased and one recently becoming vacant—providing immediate income with the opportunity to quickly lease the third unit. One-bedroom rentals priced under $1,000 per month are becoming increasingly rare in Sherman and remain in high demand, making this property well-positioned for continued occupancy. A shared laundry room located at the rear of the property includes a stacked washer and dryer for tenant convenience. Conveniently located just minutes from downtown Sherman, shopping, dining, and major employers, 410 S. Vaden St. offers investors the advantage of multiple income streams from a single property. Whether you're expanding your portfolio or purchasing your first income-producing property, this turnkey triplex delivers excellent cash flow potential in a growing market.

Triplex

Property Type

10,019 sqft

Lot Size

1930

Year Built

Listing Date: 07/10/2026

Listed by: Brad Rhodes

Listing office: Easy Life Realty

Source: NTREIS #21327409

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%
$240,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$240,000
Your Down Payment$48,000
Financed$192,000
Estimated Monthly Payment$1,813

Before rent: principal and interest at 6.0% 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 ($48,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$1,813/month
Principal + Interest
$1,151
Property Taxes
$321
Home Insurance
$341
Rental Income (2 Units)
$2,000/month

From the listing description.

Rental Expenses
-$390
Cost to live here
$203/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

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.

NTREIS logo

MLS# 21327409 · Listing office: Easy Life Realty

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.