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$174,000

1203 E Jones St, Sherman, TX, 75090

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.87 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesElectric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size6,900 sqft

Building Information

Year Built1935
Stories2
Garage Spaces2

Land Information

APNS042 2094011
Lot Number16
SubdivisionGeren J P Addn(Replt Fitch)
Land UseResidential
Legal DescriptionGEREN J P ADDN(REPLT FITCH), BLOCK 1, LOT 16, ACRES .1584
Census Tract001500
Assessed Land Value$42,780
Assessed Improvement Value$89,420
Assessment Year2025

About this property

Great opportunity in Sherman! This 3-bedroom, 1-bath home offers 1,708 square feet of living space with several key updates already completed. Updated flooring and newer dual-pane windows (less than 4 years old) enhance both style and energy efficiency while helping reduce future maintenance concerns. The spacious layout provides flexible living areas and generously sized bedrooms, offering comfort and functionality. Dual-pane windows improve year-round comfort, and the updated flooring adds a modern touch throughout. With solid square footage and thoughtful improvements, this Sherman home offers space, updates, and opportunity.

Investor Tools

$138,094Estimated Mortgage Balance
$38,906Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month

Interested in this property?

Rex Rhorer

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,790
$132,200
2025
$42,780
$89,420
$132,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,790
$132,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 4 Llc
Commercial
$144,900
No
First
Nov 6, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,094
$38,906
21%
78%
$869/mo

City: Sherman

1203 E Jones St | Property Details | No Agent List