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$199,900

1414 N Binkley St, Sherman, TX, 75092

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating ElectricHeating Electric
AppliancesBuilt-In Gas Range, Dishwasher, Gas Cooktop, Microwave, Refrigerator

Exterior

Lot Size10,794 sqft

Building Information

Year Built1954
Roof Type109
Garage Spaces2

Land Information

APNS024 2030017
Lot Number4
SubdivisionBucks Raymond E Addn
Land UseResidential
Legal DescriptionBUCKS RAYMOND E ADDN, BLOCK 2, LOT 4, ACRES .2478
Census Tract001200
Assessed Land Value$71,448
Assessed Improvement Value$162,346
Assessment Year2025

About this property

PRICED TO SELL! Welcome home to this charming property nestled in one of Sherman's established and desirable neighborhoods! Conveniently located within walking distance of Fairview Park and Fairview Elementary School, this home offers the perfect blend of comfort, convenience, and versatility. Inside, you'll find 3 spacious bedrooms and 2 full bathrooms, along with two separate living areas that provide plenty of room for relaxing, entertaining, or creating a home office, playroom, or media space. The flexible floor plan makes it easy to accommodate a variety of lifestyles and family needs. Situated on a generous quarter-acre lot, the outdoor space offers endless possibilities for gardening, entertaining, pets, or simply enjoying the open yard. One of the standout features of this property is the impressive 28' x 28' outbuilding. Whether you're looking for a workshop, hobby space, home gym, storage for recreational vehicles, or the perfect place to start your next project, this versatile building is ready to meet your needs.With its fantastic location, spacious layout, large lot, and incredible bonus workshop, this home is full of opportunity and ready for its next owner. Don't miss your chance to experience everything this wonderful Sherman property has to offer, schedule your private showing today! It wont last!!

Investor Tools

$31,084Estimated Mortgage Balance
$202,996Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,403 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,242
$233,794
2025
$71,448
$162,346
$233,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,242
$233,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Conventional
$51,600
No
First
Mar 8, 2010
Apr 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,084
$202,710
86%
13%
$0/mo

City: Sherman

1414 N Binkley St | Property Details | No Agent List