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$159,000

NAL Estimated Property Value

108 N Burdette Avenue, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$42.47 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range, Refrigerator
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size7,501 sqft

Building Information

Year Built1948
Roof Type109
Garage Spaces1

Land Information

APNS032 2051129
Lot Number6
SubdivisionChristian College Addn
Land UseResidential
Legal DescriptionCHRISTIAN COLLEGE ADDN, BLOCK 12, LOT 6, ACRES .1722
Census Tract001400
Assessed Land Value$46,500
Assessed Improvement Value$64,941
Assessment Year2025

About this property

Family owned property since built in 1948. Great investor property or handy home owner that can enhance the potential in this 1528sf home. Currently a 2br, 2ba with 2 large living areas. Turn one into a third bedroom and increase your rental income. Home offers a large fenced back yard and shed in the back for storage. Current 1 car garage could be saved with addition work. Nice mature neighborhood with property conscious homes surrounding this property.

Investor Tools

Property Icon
$159,000
Estimated Property Value
$73,993Estimated Mortgage Balance
$85,007Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,478
$111,441
2025
$46,500
$64,941
$111,441
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,478
$111,441

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Himmco Llc
Unknown
$78,300
No
First
May 12, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,993
$85,007
53%
47%
$470/mo

City: Sherman

108 N Burdette Avenue | Property Details | No Agent List