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$248,000

NAL Estimated Property Value

1217 Marlborough Street, Sherman, TX, 75092

$293,624 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.42 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesElectric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size7,200 sqft

Building Information

Year Built1969
Roof Type109
Garage Spaces1

Land Information

APNS040 2052040
Lot Number10
SubdivisionChurchill Park Addn
Land UseResidential
Legal DescriptionCHURCHILL PARK ADDN, BLOCK 3, LOT 10, ACRES 0.1653
Census Tract001700
Assessed Land Value$28,484
Assessed Improvement Value$201,727
Assessment Year2025

About this property

HIGHEST AND BEST DUE BY 6 PM THURSDAY. This home in an established area of Sherman is a rare find with 5 full bedrooms, 2.5 baths, with a private master suit. House has been renovated and updated with fresh paint, granite countertops, flooring, and stainless steel appliances. This home has great curb appeal with a good sized yard to design to your liking. House is located on 100 year old flood plain.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$0Estimated Mortgage Balance
$248,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$293,624
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,593
$230,211
2025
$28,484
$201,727
$230,211
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,593
$230,211

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$248,000
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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1217 Marlborough Street | Property Details | No Agent List