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$170,000

NAL Estimated Property Value

1104 Patricia Dr, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,112 Sq Ft
price_per_sqft$143.88 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Range, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size8,124 sqft

Building Information

Year Built1968
Garage Spaces1

Land Information

APNS046 2041007
Lot Number6
SubdivisionCasa Linda 5th Addn Unit 1
Land UseResidential
Legal DescriptionCASA LINDA 5TH ADDN UNIT 1, BLOCK 2, LOT 6, ACRES .1865
Census Tract001500
Assessed Land Value$57,200
Assessed Improvement Value$102,208
Assessment Year2025

About this property

Although the house needs some repairs, it has great potential and is definitely worth a visit. With a few updates, it could become a charming home. The HVAC and water heater appear to be in good shape, and the AC is cooling effectively. The roof was replaced in spring 2024. The eat-in kitchen offers convenience, along with an additional area for dining near the kitchen and living room. There is visible settling inside, and the sellers are firm on selling the property as-is, with no repairs, even if requested. The home was inherited from their mother, and none of the sellers have lived in it. The backyard is fully fenced and offers alleyway access. There’s no existing survey, so the buyer will need to provide one if necessary. No sight unseen offers will be accepted. Conveniently located near HWY 75 and FM 1417 for easy access.

Investor Tools

Property Icon
$170,000
Estimated Property Value
$0Estimated Mortgage Balance
$170,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,867
$159,408
2025
$57,200
$102,208
$159,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,867
$159,408

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$170,000
100%
0%
$0/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.

Explore Texas Explore This Area
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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1104 Patricia Dr | Property Details | No Agent List