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$183,000

NAL Estimated Property Value

1517 N Highland Ave, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.73 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
AppliancesDishwasher, Electric Water Heater, Gas Range
FlooringHardwood

Exterior

Lot Size7,309 sqft

Building Information

Year Built1952
Roof Type109
Garage Spaces1

Land Information

APNS024 2031012
Lot Number12
SubdivisionBucks Raymond E 2nd Addn
Land UseResidential
Legal DescriptionBUCKS RAYMOND E 2ND ADDN, BLOCK 1, LOT 12, ACRES .1678
Census Tract001200
Assessed Land Value$64,112
Assessed Improvement Value$102,683
Assessment Year2025

About this property

Charming and well-maintained 3-bedroom, 1-bath home located in a highly desirable, established neighborhood. Enjoy the convenience of being within walking distance to Fairview Park, while also having your own spacious backyard—perfect for relaxing, entertaining, or future outdoor projects. This inviting home features a new roof, fresh updates, and a warm, welcoming layout. The large backyard offers endless possibilities, and the tree-lined setting adds to the home’s appeal. Whether you're a first-time buyer, downsizing, or looking for a move-in ready property in a prime location, this home has it all. Don’t miss your chance to make this charming property yours!

Investor Tools

Property Icon
$183,000
Estimated Property Value
$179,982Estimated Mortgage Balance
$3,018Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,610
$166,795
2025
$64,112
$102,683
$166,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,610
$166,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$181,030
Yes
First
Jan 29, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,982
$3,018
1%
98%
$1,086/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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1517 N Highland Ave | Property Details | No Agent List