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$184,000

NAL Estimated Property Value

1504 N Highland Avenue, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,044 Sq Ft
price_per_sqft$162.36 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
AppliancesDishwasher, Electric Range, Refrigerator, Vented Exhaust Fan, Washer, Gas Water Heater
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,954 sqft

Building Information

Year Built1955
Roof Type109
Garage Spaces1

Land Information

APNS024 2031022
Lot Number9
SubdivisionBucks Raymond E 2nd Addn
Land UseResidential
Legal DescriptionBUCKS RAYMOND E 2ND ADDN, BLOCK 2, LOT 9, ACRES .1826
Census Tract001200
Assessed Land Value$66,112
Assessed Improvement Value$115,212
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED-DEADLINE FOR OFFERS THUR, JAN 20TH 5 PM Come Home, Sweet Home to 1504 Highland Ave. This home immediately invites you in with its freshly painted exterior, covered front porch, and charming corbels. Once inside, you are greeted with rich Pergo flooring and 3 generously sized bedrooms. The oversized master bedroom has room for a seating area. Other updates include all new copper plumbing in bathroom and a brand new stainless steel dishwasher. Newer 2016 water heater. The large backyard is fully fenced for your fury friends. Just a few blocks away from Fairview Park and The Splash Family Aquatic Center. Close proximity to delicious eateries including Tracks, MG’s Diner, and Mom’s Bakery.

Investor Tools

Property Icon
$184,000
Estimated Property Value
$157,963Estimated Mortgage Balance
$26,037Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$181,324
2025
$66,112
$115,212
$181,324
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$181,324

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$171,690
No
First
Feb 18, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,963
$26,037
14%
86%
$1,030/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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