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$256,000

NAL Estimated Property Value

1304 N Travis Street, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,682 Sq Ft
price_per_sqft$112.9 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Range, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Lot Size12,249 sqft

Building Information

Year Built1939
Stories2
Garage Spaces2

Land Information

APNS029 2066001
Lot Number1
SubdivisionDavis F P S/D
Land UseResidential
Legal DescriptionDAVIS F P S/D, BLOCK 1, LOT 1 & S 20' 2, ACRES .2812
Census Tract001200
Assessed Land Value$72,520
Assessed Improvement Value$122,127
Assessment Year2025

About this property

Cute home with incredible potential! Large 4 bedroom, 2 bathroom home with original hardwood floors throughout. Great character with charming old house features. Living room has original arched doorways with French doors into dining room. Matching built-in cabinets & bookshelves in dining room. 4th bedroom upstairs could easily be converted to a bonus entertainment room or studio. Large fenced-in backyard backs up to adjacent alley. Rear parking with garage and storage space. With a little TLC and landscaping this house could be such a charmer! Convenient location with quick access to highway 75 and Travis Street. Home is currently tenant occupied and lease will survive the sale.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$160,195Estimated Mortgage Balance
$95,805Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,520
$194,647
2025
$72,520
$122,127
$194,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,520
$194,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carter Fcu
Conventional
$171,000
No
First
Dec 9, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,195
$95,805
37%
63%
$1,026/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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1304 N Travis Street | Property Details | No Agent List