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$190,000

1416 N Cleveland Avenue, Sherman, TX, 75090

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,379 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.78 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Must-SellHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Gas Cooktop, Microwave

Exterior

Exterior FeaturesOutdoor Shower
Lot Size8,499 sqft

Building Information

Year Built1945
Roof Type109

Land Information

APNS022 2056193
Lot Number8
SubdivisionCollege Park 2nd Addn
Land UseResidential
Legal DescriptionCOLLEGE PARK 2ND ADDN, BLOCK 4, LOT 8, ACRES .1951
Census Tract001400
Assessed Land Value$25,840
Assessed Improvement Value$82,696
Assessment Year2025

About this property

Discover the perfect blend of comfort, space, and opportunity in this beautifully maintained home located in the rapidly growing community of Sherman, TX. Featuring 3 spacious bedrooms and 3 full bathrooms inside, this home offers plenty of room for family living or entertaining guests. Step into the updated kitchen, where modern finishes and functionality come together to make cooking and hosting a joy. Whether you're enjoying cozy family meals or entertaining friends, this heart of the home is sure to impress. Outside, you'll find a convenient exterior bathroom with a shower and toilet—ideal for backyard gatherings or a future pool setup. As well as a huge shop! But that’s not all—this property includes a separate one-bedroom apartment located behind the main house, complete with its own fully equipped kitchen and bathroom. It’s perfect for generating rental income, hosting guests, or providing independent living space for older parents or adult children. With unlimited potential and located in one of North Texas’s fastest-growing areas, this home is a rare opportunity you won’t want to miss!

Investor Tools

Property Icon
$188,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Jessica Orr

Avignon Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,657
$108,536
2025
$25,840
$82,696
$108,536
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,657
$108,536

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1416 N Cleveland Avenue | Property Details | No Agent List