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$183,000

NAL Estimated Property Value

126 Pennell Rd, Sherman, TX, 75090

$237,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$105.04 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Refrigerator

Exterior

Exterior FeaturesOutdoor Grill
Lot Size1 acre

Building Information

Year Built1999
Garage Spaces8

Land Information

APN230 077200222
SubdivisionMorgan Claiborne A-G0772
Land UseResidential
Legal DescriptionG-0772 MORGAN CLAIBORNE A-G0772, ACRES 1.0, LABEL# RAD1154739, HUD#2 RAD1154740; SN1 TXFLX84A16534WC11; SN2 TXFLX84A16534WC11
Census Tract001802
Assessed Land Value$73,000
Assessed Improvement Value$70,627
Assessment Year2025

About this property

Nestled on a serene one-acre lot, this charming manufactured home is surrounded by a canopy of mature trees, offering privacy and a peaceful retreat. The spacious yard provides ample room for outdoor activities, gardening, or simply enjoying nature. Inside, the home features an open-concept floor plan. Two bedrooms and one shared bath on one end, with the primary suite on other. Back patio with outdoor kitchen and added ramp access. Detached oversized 2 car garage with an additional space for cover! Whether you’re relaxing on the porch or exploring the wooded surroundings, this property is perfect for any buyer or investor wanting to make this space their own!

Investor Tools

Property Icon
$183,000
Estimated Property Value
$208,353Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$237,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$243
$142,446
2025
$73,000
$70,627
$143,627
No

Tax History

Year
Tax Paid
Assessed Value
2024
$243
$142,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Housing Corporati
Stand Alone Second / Subordinate Position
$7,855
No
First
May 16, 2025
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,353
N/A
0%
114%
$1,274/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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126 Pennell Rd | Property Details | No Agent List