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$223,511

1310 Old Ida Rd, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.38 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Rain Barrel/Cistern(s), Storage
Lot Size2.50 acres

Building Information

Year Built2000
Garage Spaces1

Land Information

APN193A6799008
Lot Number8
SubdivisionCottonwood Corner
Land UseResidential
Legal DescriptionCOTTONWOOD CORNER, LOT 8, ACRES 2.5, MH LABEL# PFS0713116 / PFS0713117
Census Tract000102
Assessed Land Value$140,000
Assessed Improvement Value$83,511
Assessment Year2025

About this property

Don't miss this 3 BR 2 Bath home on 2.5 acres OUTSIDE CITY LIMITS! Master offers plenty of space, dual sinks, garden tub, and shower. Spacious kitchen and living area. Metal roof. Screened-in and covered front porch. Covered back patio. The outdoor amenities are truly impressive including a beautiful pergola, carport for covered parking with freshly poured gravel, a storage shed, and a large workshop set up as your personal bar or hangout spot, complete with its own bar, AC, electric, and water. Additional features include a 6x8 storm shelter. Several apple, pear, and plum trees, 2 chicken coops, and a large pig pen. A rainwater system is in place, and all water barrels can stay with the property. The entire property is fully fenced. The back half of the property has a 2nd transformer, making it perfect for adding another home or building that requires electricity. Schedule your showing today and start living the farm life at this lovely property!

Investor Tools

Property Icon
$223,511
Estimated Property Value
$223,250Estimated Mortgage Balance
$7,590Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,479 /month
Positive
Cash Flow Estimate:
$493 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,958
$223,511
2025
$140,000
$83,511
$223,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,958
$223,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Conventional
$223,250
No
First
Jul 23, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,921
$7,590
3%
97%
$1,339/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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1310 Old Ida Rd | Property Details | No Agent List