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B+
NoAgentList RatingHow are grades calculated? Info

$160,000

1209 S First Street, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.14 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDryer, Gas Range, Plumbed For Ice Maker, Refrigerator, Washer, Gas Water Heater
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size9,801 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APNS047 2089031
SubdivisionFitch W D Addn
Land UseResidential
Legal DescriptionFITCH W D ADDN, BLOCK 4, LOT S 5' 3 & N 65' 4, ACRES .225
Census Tract001500
Assessed Land Value$69,972
Assessed Improvement Value$143,211
Assessment Year2025

About this property

This beautifully renovated home is ready for move-in! Wonderful curb appeal with large cedar beamed covered porch and wide plank wood fence on the side. Great for a starter home or rental property. Gorgeous & easy care wood tone laminate flooring thruout. Two barn doors lead to the kitchen with Quartz counters, subway tile BS, gas range, fridge and painted cabinets. Interior-exterior paint; new door in the kitchen; all new fans; new light fixtures; new closet doors; updated bath vanities-tub surround-shower in primary bath; hardware. Fabulous oversized garage with epoxy flooring & room for cars, big trucks & the motorcycle! Access the huge covered patio with Beadboard ceiling treatment from garage. Hurry!

Investor Tools

Property Icon
$213,183
Estimated Property Value
$0Estimated Mortgage Balance
$90,174Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,279 /month
Positive
Cash Flow Estimate:
$426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,127
$213,183
2025
$69,972
$143,211
$213,183
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,127
$213,183

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$136,000
Yes
First
May 4, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,009
$90,174
42%
58%
$816/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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1209 S First Street | Property Details | No Agent List