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B+
NoAgentList RatingHow are grades calculated?Info

$179,619

NAL Estimated Property Value

1401 Cimmaron Trl, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,561 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.92 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size39,361 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APN155A6644032
SubdivisionSetting Sun Estates Sec 2
Land UseResidential
Legal DescriptionSETTING SUN ESTATES SEC 2, BLOCK K, LOT TR 11
Census Tract001901
Assessed Land Value$120,834
Assessed Improvement Value$132,706
Assessment Year2025

About this property

Looking for a huge yard in a quiet established neighborhood with no HOA fees? This house needs a little TLC but with the right imagination this could be the diamond in the rough you are looking for. Huge open living area with a great fireplace and vaulted ceilings. Fenced backyard is just under an acre offering a fantastic opportunity to expand the fencing and add a pool or entertaining space. Covered front porch is perfect for coffee sipping in the mornings. The potential is there, it would be an awesome project to make this house your home or investment opportunity for the right buyer. Roof approx 3 years old, HVAC updated in 2015. Please text listing agent with any questions.

Investor Tools

Property Icon
$179,619
Estimated Property Value
$56,999Estimated Mortgage Balance
$122,620Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,189
$179,619
2025
$120,834
$132,706
$253,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,189
$179,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Lending Partners Llc
Fha
$74,623
Yes
First
Jun 15, 2015
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,999
$122,620
68%
32%
$0/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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1401 Cimmaron Trl | Property Details | No Agent List