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$104,000

NAL Estimated Property Value

1514 E Mildred Street, Sherman, TX, 75090

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size15,290 sqft

Land Information

APNS022 2114060
Lot Number1
SubdivisionHighland Park 2nd Addn
Land UseResidential
Legal DescriptionHIGHLAND PARK 2ND ADDN, BLOCK B, LOT 1 LESS W 9', ACRES .3510
Census Tract000903
Assessed Land Value$75,523
Assessed Improvement Value$9,226
Assessment Year2025

About this property

Rare opportunity in Sherman! This large lot features a 1764 sf shop or storage building in Nice condition. Previously used for restaurant supply storage. The building boasts sturdy construction, concrete flooring, and electricity. Ideal for builders, this building offers the perfect space for supply storage or even building a new home with a ready-made workshop. The lot is 91x168, providing ample room for projects and expansion. Please note: current owner requires 90 days to vacate as the building is currently in use. Buyer will need to verify its use with the city-but it has many possibilities.

Investor Tools

Property Icon
$104,000
Estimated Property Value
$0Estimated Mortgage Balance
$104,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$624 /month
Positive
Cash Flow Estimate:
$208 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,857
$84,749
2025
$75,523
$9,226
$84,749
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,857
$84,749

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$104,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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1514 E Mildred Street | Property Details | No Agent List