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$583,000

NAL Estimated Property Value

1325 Fm 697, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.44 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Other

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size2 acres

Building Information

Year Built1972
Garage Spaces2

Land Information

APN186 0066005
SubdivisionBailey Winifred A-G0066
Land UseResidential
Legal DescriptionG-0066 BAILEY WINIFRED A-G0066, ACRES 2.0
Census Tract000102
Assessed Land Value$105,000
Assessed Improvement Value$259,998
Assessment Year2025

About this property

BRING ALL THE BIG BOY TOYS TO YOUR HOME SWEET HOME that sits on 2 full acres with room for a growing family. This 3br, 2.5 ba home offers a huge living area with additional den space in the back. Large kitchen and dining room for gatherings. A home office private from all when working and large bedrooms to accommodate the kiddos and an oversized utility mud room with half bath for quick use from the outdoors. Room for pets, animals of choice, build a shop, add a pool and have a garden. Garage holds 2 vehicles or big boy toys with ease plus additional storage inside.

Investor Tools

Property Icon
$583,000
Estimated Property Value
$288,185Estimated Mortgage Balance
$294,815Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,498 /month
Positive
Cash Flow Estimate:
$1,166 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,813
$364,998
2025
$105,000
$259,998
$364,998
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,813
$364,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$318,621
Yes
First
May 13, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,185
$294,815
50%
49%
$1,911/mo

City: Sherman

1325 Fm 697 | Property Details | No Agent List