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$288,455

NAL Estimated Property Value

1018 N Ross Ave, Sherman, TX, 75090

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,163 Sq Ft
price_per_sqft$131.53 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size7,501 sqft

Building Information

Year Built1946
Roof Type109
Garage Spaces2

Land Information

APNS031 2124002
Lot Number2
SubdivisionKeliechors C J 1st Addn
Land UseResidential
Legal DescriptionKELIECHORS C J 1ST ADDN, BLOCK 1, LOT 2, ACRES .1722
Census Tract001400
Assessed Land Value$46,500
Assessed Improvement Value$241,955
Assessment Year2025

About this property

This home is a must see. There is nothing like it on the market in Sherman right now. This home is built for entertaining with a sparkling pool and pergola outside, as well as three living spaces inside. The home is fully updated with features like a tankless water heater, solid flooring throughout, stainless steel appliances, and fully tiled bathrooms. Fresh paint in and out, stained privacy fence in rear with rolling gate giving access to alley. Plenty of space for all your tools with a half garage and detached storage building. If a fifth bedroom is needed one of the the living room spaces could easily be converted into an additional bedroom. Don't miss your opportunity to own this home.

Investor Tools

Property Icon
$288,455
Estimated Property Value
$253,845Estimated Mortgage Balance
$34,610Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,731 /month
Positive
Cash Flow Estimate:
$577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,124
$288,455
2025
$46,500
$241,955
$288,455
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,124
$288,455

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Fha
$270,019
Yes
First
Feb 10, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,845
$34,610
11%
88%
$1,619/mo

Learn About the Market: Opportunity in Texas

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Explore

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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1018 N Ross Ave | Property Details | No Agent List