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NoAgentList RatingHow are grades calculated?Info

$171,000

NAL Estimated Property Value

1024 Short Ln, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.41 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Oven
FlooringCarpet, Combination

Exterior

Lot Size14,810 sqft

Building Information

Year Built1955
Roof Type109
Garage Spaces1

Land Information

APNS029 2012006
Lot Number6
SubdivisionBenzel E L Addn
Land UseResidential
Legal DescriptionBENZEL E L ADDN, LOT PT 6, ACRES .34
Census Tract001200
Assessed Land Value$78,347
Assessed Improvement Value$95,535
Assessment Year2025

About this property

This charming vintage style home is nestled in a quiet, private west side neighborhood in Sherman, located on a peaceful cul-de-sac at the end of Short St. Situated on just under a quarter of an acre lot, this solid three bedroom, one-bath home offers a cozy and comfortable living space. Ideal as a starter home or for those looking to downsize, the home's layout includes a spacious living room with adjoining kitchen and dining areas, perfect for entertaining or family meals. An interesting feature of this home is the fully finished upstairs room, providing excellent storage or potential for further customization. The large, fenced backyard offers plenty of space for outdoor activities, with a covered area that's perfect for barbecues or enjoying the outdoors year-round. Additionally, the one-car garage includes a finished upstairs storage room, providing even more storage options. While this home retains its vintage character, it offers a solid foundation for a new owner to personalize and make it their own. With its location and thoughtful layout, this home is full of potential waiting for the right person to bring it to life. Whether you're a first-time buyer or looking to downsize, this home is a perfect place to start your next chapter. Come see how this cozy gem can be the perfect fit for you - isn't it time to Come Home Where You Belong?

Investor Tools

Property Icon
$171,000
Estimated Property Value
$164,188Estimated Mortgage Balance
$6,812Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,026 /month
Positive
Cash Flow Estimate:
$342 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$396
$133,976
2025
$78,347
$95,535
$173,882
No

Tax History

Year
Tax Paid
Assessed Value
2024
$396
$133,976

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Fha
$167,902
Yes
First
Feb 21, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,188
$6,812
3%
96%
$1,007/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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1024 Short Ln | Property Details | No Agent List