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$196,000

NAL Estimated Property Value

1517 N Wharton St, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.08 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesGas Water Heater, Other
FlooringCarpet, Laminate

Exterior

Lot Size10,616 sqft

Building Information

Year Built1955
Roof Type109
Garage Spaces3

Land Information

APNS024 2201018
Lot Number5
SubdivisionRidglea Addn
Land UseResidential
Legal DescriptionRIDGLEA ADDN, BLOCK 2, LOT 5, ACRES .2437
Census Tract001200
Assessed Land Value$71,223
Assessed Improvement Value$118,257
Assessment Year2025

About this property

Discover this fantastic opportunity in Sherman, just minutes from the scenic Lake Texoma. This 3-bedroom, 1-bathroom home is nestled on a spacious lot. The property includes a convenient carport in the back, ideal for additional storage or parking. Currently tenant-occupied, this home presents an excellent opportunity for immediate rental income. Whether you're looking to expand your investment portfolio or searching for a home with long-term potential, this property is a must-see. Don’t miss your chance to own a piece of real estate in this desirable area, close to outdoor recreation and all the amenities Sherman has to offer! Schedule your tour today.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,585
$189,480
2025
$71,223
$118,257
$189,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,585
$189,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
100%
0%
$0/mo

City: Sherman

1517 N Wharton St | Property Details | No Agent List