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$172,000

NAL Estimated Property Value

1309 N Brents Avenue, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths940 Sq Ft
price_per_sqft$186.17 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesElectric Oven
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size10,149 sqft

Building Information

Year Built1948
Roof Type109
Garage Spaces2

Land Information

APNS031 0229019
SubdivisionCarter Charles A-G0229
Land UseResidential
Legal DescriptionG-0229 CARTER CHARLES A-G0229, ACRES .233
Census Tract001400
Assessed Land Value$59,679
Assessed Improvement Value$95,404
Assessment Year2025

About this property

Recently remodeled. 3 bed, 1 bath. Updates include, flooring, kitchen, bathroom, light fixtures, windows, doors, paint, water heater. House in conveniently located less than one mile from Austin College and within 3 miles from shopping, restaurants, and entertainment in Sherman Town center.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$153,575Estimated Mortgage Balance
$18,425Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,434
$155,083
2025
$59,679
$95,404
$155,083
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,434
$155,083

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$166,920
Yes
First
Feb 24, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,575
$18,425
10%
89%
$1,001/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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1309 N Brents Avenue | Property Details | No Agent List