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$239,999

1206 Hayes Road, Sherman, TX, 75090

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,038 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$231.21 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringLinoleum

Exterior

Exterior FeaturesRain Gutters, Private Entrance
Lot Size1.04 acres

Building Information

Year Built2024
Garage Spaces1

Land Information

APN192 8542005
Lot Number5
SubdivisionOld Ida Estates
Land UseReal-Residential Mobile Homes
Legal DescriptionOLD IDA ESTATES, BLOCK 1, LOT 5, ACRES 1.039, MH LABEL# NTA2240407
Census Tract000102
Assessed Land Value$75,320
Assessed Improvement Value$107,028
Assessment Year2025

About this property

Welcome to peaceful country living! This home offers a modern open-concept layout with abundant natural light and a functional floor plan designed for comfortable everyday living. The private primary suite features its own en-suite bathroom and spacious walk-in closet, creating the perfect retreat at the end of the day. The kitchen comes fully equipped with a refrigerator, range, dishwasher, and eat-in dining area—ideal for cooking, entertaining, or enjoying daily meals with family and friends. A cozy dining space with outdoor access flows seamlessly into the large living room, offering plenty of space for relaxing or hosting gatherings. Situated on a spacious 1-acre lot, this property provides abundant outdoor space for entertaining, relaxing, or simply soaking in the peaceful surroundings. Located in a quiet neighborhood just outside city limits, you’ll enjoy the perfect balance of convenience and tranquility with easy access to nearby towns while still embracing the privacy of rural living. Additional highlights include: • 10x10 Covered Front Deck • 10x10 Covered Back Deck • 20x20 Carport • Rain Gutters • Smart Panel Skirting • Fully Fenced Yard • Kentucky Town Water Supply as the provider • Private Septic System • No HOA • 1 year manufacturers warranty FHA, VA, USDA and Conventional Loans Welcome! All information is deemed reliable, and the buyer and buyer’s agent are responsible for verifying all information, including but not limited to the status of construction of the home, lot dimensions, easements, school district, and subdivision restrictions. It is the responsibility of the buyer(s) and the buyer(s) agent to verify the status of completion prior to scheduling site inspections. Photos have been altered and staged with AI actual home may vary.

Investor Tools

$39,741Estimated Mortgage Balance
$178,259Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Jasmine Sellers

House Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,158
$182,348
2025
$75,320
$107,028
$182,348
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,158
$182,348

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Commercial
$40,959
No
First
Sep 17, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,741
$178,259
81%
18%
$246/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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1206 Hayes Road | Property Details | No Agent List