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A+
NoAgentList RatingHow are grades calculated?Info
Days8Days on Market
Views18view
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$209,900

$219,900

1118 W Mcgee St, Sherman, TX, 75092

$211,484 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,061 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.84 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop

Exterior

Lot Size12,428 sqft

Building Information

Year Built1958
Stories2
Roof Type106
Garage Spaces2

Land Information

APNS025 2202009
Lot Number2
SubdivisionRidglea 2nd Addn
Land UseResidential
Legal DescriptionRIDGLEA 2ND ADDN, BLOCK 2, LOT 2, ACRES .2853
Census Tract001200
Assessed Land Value$72,460
Assessed Improvement Value$204,954
Assessment Year2025

About this property

Cute one of a kind home ready for move in. Wood flooring, some updating in the home, with room to make this home your own. 3 living rooms and living room in back of home has stairs leading to great office, music room, play room, etc. This is priced to sell.

Investor Tools

$166,221Estimated Mortgage Balance
$111,805Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$211,483
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,664 /month
Positive
Cash Flow Estimate:
$555 /month

Interested in this property?

Angela Key

RE/MAX Four Corners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,237
$277,414
2025
$72,460
$204,954
$277,414
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,237
$277,414

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amp Lending
Conventional
$180,000
No
First
May 25, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,221
$111,193
40%
60%
$1,080/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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