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$399,000

NAL Estimated Property Value

1014 Webb Smith Road, Sherman, TX, 75090

$409,345 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,482 Sq Ft
price_per_sqft$118.86 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesDog Run, Rain Gutters, Storage
Lot Size1 acre

Building Information

Year Built1983
Roof Type109
Garage Spaces5

Land Information

APN189 038700904
SubdivisionEldridge H N A-G0387
Land UseResidential
Legal DescriptionG-0387 ELDRIDGE H N A-G0387, ACRES 1.0
Census Tract001801
Assessed Land Value$73,000
Assessed Improvement Value$304,205
Assessment Year2025

About this property

Close to country or minutes away from city life, this 4 bedroom, 3 baths, home sits on 1 acre in which the front poach overlooks beautiful sunsets. The 2 car detached garage has space for you to add a workbench or you can conveniently store your toys and tools in the storage shed. In addition, the large 4th bedroom (mother-in-law quarters) has its very own bathroom. Besides an updated microwave and stove, the leaf filter system has a lifetime warranty and the newly replaced HVAC has another 9 years on the warranty. (Professional pictures are scheduled after estate sale.) Estate sale will be held on April 10 & 11.

Investor Tools

Property Icon
$399,000
Estimated Property Value
$236,884Estimated Mortgage Balance
$162,116Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$409,345
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,411
$363,985
2025
$73,000
$304,205
$377,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,411
$363,985

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$254,273
Yes
First
May 6, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,884
$162,116
40%
59%
$1,571/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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1014 Webb Smith Road | Property Details | No Agent List