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$285,933

1504 W Shields Drive, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,981 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.77 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,781 sqft

Building Information

Year Built1966
Roof Type109
Garage Spaces2

Land Information

APNS036 2270023
Lot Number11,77
SubdivisionWestwood 5th Addn
Land UseResidential
Legal DescriptionWESTWOOD 5TH ADDN, BLOCK 2, LOT 11, 77X140, ACRES .2475 77X140
Census Tract001300
Assessed Land Value$72,873
Assessed Improvement Value$213,060
Assessment Year2025

About this property

WELCOME HOME! Spacious 3 bedroom, 2 bath in established neighborhood!LARGE master with two closets. One is a WALK-IN across from a separate dressing vanity on the way to the master bath. LOTS of storage in BOTH bathrooms! Second shower has bars for handicap access. Fresh paint in bedrooms, bathrooms and halls. Living areas are PERFECT for entertaining! Great FLOW from the kitchen. Breakfast room BIG enough to hold dining set and hutch! Oversized garage with storeroom and storage cabinets. Attached patio great for ENTERTAINING family and friends. One block from Wakefield Elementary School and close to shopping. EASY access to Hwy 75, FM 1417 and Hwy 82. Close to park as well as medical offices and hospital.

Investor Tools

Property Icon
$285,933
Estimated Property Value
$0Estimated Mortgage Balance
$146,640Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,330
$285,933
2025
$72,873
$213,060
$285,933
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,330
$285,933

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$161,500
No
First
Jun 13, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,293
$146,640
51%
49%
$969/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.

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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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1504 W Shields Drive | Property Details | No Agent List