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$270,924

NAL Estimated Property Value

1184 Hayes Road, Sherman, TX, 75090

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,475 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$183.05 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringLinoleum

Exterior

Lot Size1 acre

Building Information

Year Built2024
Garage Spaces1

Land Information

APN192 8542003
Lot Number3
SubdivisionOld Ida Estates
Land UseReal-Residential Mobile Homes
Legal DescriptionOLD IDA ESTATES, BLOCK 1, LOT 3, ACRES 1.0, MH LABEL# NTA2240788 / NTA2240787
Census Tract000102
Assessed Land Value$73,000
Assessed Improvement Value$197,924
Assessment Year2025

About this property

Wait no longer, this beautiful home on 1 acre is here! A brand new 4 bedroom 2 bath home sits outside city limits, yet still convenient to nearby amenities. This home offers abundant room, which is great for entertaining or anything your heart desires. The kitchen comes with an island, refrigerator, range, dishwasher, and plenty of cabinet space. The large laundry room that has more than plenty of space to hook up a full-size washer and dryer. The primary bedroom offers a nice retreat with an en-suite bathroom. The bathroom provides a very large walk in closet. The home comes with many upgrades such as a 10x18 covered front deck, 8x8 back deck, 20x20 carport, 30x30 shop on a concrete foundation, and 10 pallets of sod. Kentucky Town Water, Grayson-Collin Electric Co-op, and a private septic system support the home. The home comes with a one-year manufacturer warranty. FHA, VA, USDA and Conventional Loans Welcome! All information deemed reliable, the buyer and buyer's agent are responsible for verifying all information.

Investor Tools

Property Icon
$270,924
Estimated Property Value
$243,571Estimated Mortgage Balance
$27,353Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,131
$270,924
2025
$73,000
$197,924
$270,924
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,131
$270,924

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Resources Inc
Va
$244,990
Yes
First
Jan 30, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,571
$27,353
10%
90%
$1,469/mo

Learn About the Market: Opportunity in Texas

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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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1184 Hayes Road | Property Details | No Agent List