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$459,000

NAL Estimated Property Value

1425 W Mcgee Street, Sherman, TX, 75092

$508,168 ARVInfo
Off MarketInfo
Beds2 Beds
Baths4 Bath
Baths3,895 Sq Ft
price_per_sqft$86.01 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Stone

Exterior

Lot Size21,061 sqft

Building Information

Year Built1959
Roof Type127
Garage Spaces2

Land Information

APNS025 2260047
Lot Number6
SubdivisionWestern Hills Addn Sec 2
Land UseResidential
Legal DescriptionWESTERN HILLS ADDN SEC 2, BLOCK 11, LOT 6 & PT 5, ACRES .4835
Census Tract001200
Assessed Land Value$88,873
Assessed Improvement Value$365,293
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED. FINAL AND BEST OFFERS DUE TO LISTING AGENT BY 12PM, JUNE 26, 2021** A truly one of a kind home in West Sherman! One must see to appreciate the exquisite workmanship that was completed in this home. In addition to the many things this home has to offer there is a large living room, 2nd dining rm with huge windows overlooking the backyard, a 2nd living room upstairs above the master bedrm, that could also double as an office, has a fireplace & half bath. The kitchen has Gaggenau appliances including a built in steamer! The breathtaking master retreat offers TONS of natural light, a fireplace, multiple closets with plenty of storage, a sitting area, an elegant staircase, & large shower.

Investor Tools

Property Icon
$459,000
Estimated Property Value
$280,876Estimated Mortgage Balance
$178,124Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$508,167
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$858/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,002
$454,166
2025
$88,873
$365,293
$454,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,002
$454,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$308,750
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,876
$178,124
38%
61%
$1,852/mo

City: Sherman

1425 W Mcgee Street | Property Details | No Agent List