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$436,000

NAL Estimated Property Value

120 Shepherd Road, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.49 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size6.57 acres

Building Information

Year Built1980
Roof Type109
Garage Spaces2

Land Information

APN225A6620011
Lot Number19
SubdivisionHelvey Addn
Land UseResidential
Legal DescriptionHELVEY ADDN, LOT 19 & PT OF 20, ACRES 6.57
Census Tract001801
Assessment Year2025

About this property

RARE opportunity! 6.57 Acres with scenic views and a home await you in Howe! Priced well below County Appraisal District value, the entire property has huge potential. Property features a 30' X 30' nice metal building on slab. Property also includes tin pole barn that could be used for storage. Beautiful rolling hills with views of US 75 and the south Sherman corridor from the front yard! Large two car garage with workspace! Recently installed roof on house. Bring the horses or livestock! Easy access on and off Us 75, yet enough space for peace and quiet in the rolling hills north of Howe.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$289,965Estimated Mortgage Balance
$146,035Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,118
$399,405
2025
N/A
N/A
$428,902
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,118
$399,405

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$320,589
No
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,965
$146,035
33%
67%
$1,923/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.

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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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120 Shepherd Road | Property Details | No Agent List