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$194,000

1213 E Houston St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,581 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.96 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesVented Exhaust Fan
FlooringCarpet, Hardwood, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built1930
Roof Type109

Land Information

APNS033 2045076
SubdivisionChaffins 2nd Addn
Land UseResidential
Legal DescriptionCHAFFINS 2ND ADDN, BLOCK PT 32, 50 X 144, ACRES .1653 50 X 144
Census Tract001400
Assessed Land Value$44,640
Assessed Improvement Value$95,241
Assessment Year2025

About this property

A DIAMOND IS THE RUFF! Needs a little of this and that. Spacious three bedroom, two and one half bathrooms. Built in 1930. Offers all the old charm of years past. Wrap around front porch. Raised ceilings. Bullseye trim over most of the doorways and windows. Wide baseboards. Working pocket door. Ceiling fans. Hardwood floors. HUGE dining room. Shiplap walls behind sheetrock. Some glass doorknobs. Master bedroom offers two closets with mirrored doors and window seat between the closets. Master bathroom with cast iron tub, bead board on walls. Exterior has some Ginger Bread trim. Extra parking in back of home. Partially fenced yard. Several mature shade trees, some pecan. It's a lot of Home for the $$$. Mark this one as a MUST SEE NOW!

Investor Tools

Property Icon
$194,000
Estimated Property Value
$0Estimated Mortgage Balance
$194,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,071
$139,881
2025
$44,640
$95,241
$139,881
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,071
$139,881

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,000
100%
0%
$0/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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1213 E Houston St | Property Details | No Agent List