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$181,000

NAL Estimated Property Value

1406 E Wells Ave, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,180 Sq Ft
price_per_sqft$127.03 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDisposal, Electric Range
FlooringCarpet, Laminate

Exterior

Lot Size11,360 sqft

Building Information

Year Built1910

Land Information

APNS043 2106017
Lot Number26,27
SubdivisionHams Frank South Highland
Land UseResidential
Legal DescriptionHAMS FRANK SOUTH HIGHLAND, LOT 26 & 27, ACRES 0.2608
Census Tract001500
Assessed Land Value$66,797
Assessed Improvement Value$102,899
Assessment Year2025

About this property

*Seller to pay buyer closing costs, up to $3000! Fully remodeled home! New 30-year architectural roof, entire house has new windows, 6-panel doors, baseboards, door trims and window ledges. Entire exterior and interior is freshly painted. New kitchen cabinetry, new garbage disposal, new granite countertops, new sink and new faucet in the kitchen. New carpet in bedrooms, new luxury laminate flooring in living room, hallway and kitchen areas. Huge kitchen with pantry and laundry room. New light fixtures and recessed can lighting in kitchen. Crown molding in living room. New Furnace & AC system has been installed, along with new AC ducts & full warranty is included! Transferable foundation warranty. Huge backyard!

Investor Tools

Property Icon
$181,000
Estimated Property Value
$134,464Estimated Mortgage Balance
$46,536Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,086 /month
Positive
Cash Flow Estimate:
$362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,114
$169,696
2025
$66,797
$102,899
$169,696
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,114
$169,696

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$149,246
Yes
First
Mar 15, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,464
$46,536
25%
74%
$895/mo

City: Sherman

1406 E Wells Ave | Property Details | No Agent List