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$220,000

1326 E Sherman Dr, Denton, TX, 76209

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.89 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal
FlooringHardwood, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Garage Spaces2

About this property

Incredible opportunity on the north side of Denton! Situated on a spacious corner lot measuring over one-third of an acre, this property offers the space, location, and solid bones to bring your vision to life. Whether you're an investor looking for your next value-add project or a homebuyer searching for a property you can transform into your dream home, this one is full of potential! This three-bedroom, two-bath home features a spacious layout with an abundance of closet and storage space throughout. The floor plan offers multiple living areas, a formal dining room, and a separate breakfast area, providing plenty of flexibility for today's lifestyle. The large garage offers additional storage and workspace, adding even more functionality to the property. Pier-and-beam foundation, this home provides a great opportunity for a buyer with vision to reimagine and tailor the space to their own needs, style, and preferences. The property features an abundance of original hardwood floors that could potentially be refinished to create a beautiful, timeless look and add character throughout the home. Imagine taking this solid home and transforming it into something truly special. With thoughtful updates, modern finishes, and your own personal design, this property has the potential to become a beautiful, one-of-a-kind home. The spacious lot provides plenty of room for a large yard, additional parking, outdoor entertaining, or future possibilities. This property may also be a great opportunity for a qualified buyer utilizing an FHA 203(k) renovation loan, subject to lender approval and program guidelines. Investors and buyers with a creative eye will appreciate the opportunity to add value and make this home their own. Priced to sell and offering a rare combination of a large corner lot, spacious floor plan, solid construction, and tremendous potential, this is an opportunity you won't want to miss. Bring your vision, creativity, and imagination and unlock the possibilities

Investor Tools

$0Estimated Mortgage Balance
$220,278Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

City: Denton

1326 E Sherman Dr | Property Details | No Agent List