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$192,267

1201 W Center St, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,265 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.02 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesStorage
Lot Size8,072 sqft

Building Information

Year Built1966
Roof Type109
Garage Spaces1

Land Information

APNS040 2052010
Lot Number3
SubdivisionChurchill Park Addn
Land UseResidential
Legal DescriptionCHURCHILL PARK ADDN, BLOCK 2, LOT 3, ACRES .1853
Census Tract001700
Assessed Land Value$39,704
Assessed Improvement Value$152,563
Assessment Year2025

About this property

Move-in ready house in great neighborhood and easy access to I-75. The 3 bedrooms are nicely spaced out. Enjoy evenings on the covered back patio overlooking the shaded backyard. There is a driveway in both the front and back of the house. Buyer and-or Buyer's agent to verify any and all information provided by Seller and-or Seller's agent.

Investor Tools

Property Icon
$192,267
Estimated Property Value
$195,395Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,394
$192,267
2025
$39,704
$152,563
$192,267
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,394
$192,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$195,395
Yes
First
Dec 6, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,270
N/A
0%
103%
$1,214/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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1201 W Center St | Property Details | No Agent List