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$350,000

1252 Old Ida Rd, Sherman, TX, 75090

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,112 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.72 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Lighting, Private Yard, Storage
Lot Size5 acres

Building Information

Year Built2001
Garage Spaces2

Land Information

APN193A6799005
Lot Number5,6
SubdivisionCottonwood Corner
Land UseResidential
Legal DescriptionCOTTONWOOD CORNER, LOT 5 & 6, ACRES 5.0, MH LABEL# PFS0695827 / PFS0695828
Census Tract000102
Assessed Land Value$175,000
Assessed Improvement Value$203,472
Assessment Year2025

About this property

Sellers are offering $5,000 off a full price offer or $5,000 seller credit. Come see us on Saturday, 01.18.2024, for the open house from 11-1PM! Welcome to your new country life with NO restrictions and plenty of land to roam and play. You’ll be situated in a quiet area, full of nature and serenity. Your new home features an energy efficient solar panel system that will be paid off at closing. FREE electricity is at your fingertips. Your new home has front and back patios to enjoy your evening drinks and morning coffee with family and friends. Don’t miss your new private pool. A private underground tornado shelter provides comfort and safety. A large carport and three storage sheds, provide plenty of space for toys, lawn equipment and your vehicles. Your large four bedroom and three full bathrooms have been updated and ready to enjoy. The kitchen is also updated with beautiful butcher block counters, decorative lighting and designer shelves. Everything about your new home feels inviting and warm. From the natural light to beautiful lighting and ceiling fans. Come take a look and make your new home in Sherman, TX. Sellers will even consider throwing in their zero turn mower with a good offer!

Investor Tools

Property Icon
$473,000
Estimated Property Value
$343,660Estimated Mortgage Balance
$136,943Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,838 /month
Positive
Cash Flow Estimate:
$946 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,004
$378,472
2025
$175,000
$203,472
$378,472
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,004
$378,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Fha
$343,660
Yes
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,057
$136,943
28%
71%
$2,061/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.

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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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