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$185,000

NAL Estimated Property Value

1126 E Jones Street B, Sherman, TX, 75090

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 1925

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDisposal, Electric Cooktop, Refrigerator

Exterior

Lot Size10,149 sqft

Building Information

Year Built1925

Land Information

APNS042 2088015
Lot Number3,72
SubdivisionFitch J A Addn
Land UseResidential
Legal DescriptionFITCH J A ADDN, BLOCK 1, LOT 3, 72.5X140, ACRES .233 72.5X140
Census Tract001500
Assessed Land Value$59,682
Assessed Improvement Value$95,898
Assessment Year2025

About this property

1 bedroom, 1 bath efficiency located near downtown Sherman. This unit sits behind the main house. Rental qualifications are must ear 3x rent, no previous evictions, must pass background and credit check. All persons over the age of 18 will be required to pay the $65 application fee and have a credit and background check. The application fee is non-refundable. Security deposit and 1st month's rent due up front after application approval. Tenant will be responsible for 30% of the utilities and billed monthly. Owner is a Licensed Real Estate Broker in Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,406
$155,580
2025
$59,682
$95,898
$155,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,406
$155,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alethes Llc
Unknown
$73,915
No
First
Dec 19, 2007
Jan 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,415
$142,585
77%
23%
$478/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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1126 E Jones Street B | Property Details | No Agent List