Last 24 Hours
$141,000
NAL Estimated Property Value1569 Franklin Road, Sherman, TX, 75090
Off Market
— Beds
— Bath
1,120 Sq FtHighlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size2.19 acres
Building Information
Year Built1980
Land Information
APN230A6652008
Lot Number8,9
SubdivisionTom Bean North Estates
Land UseResidential
Legal DescriptionTOM BEAN NORTH ESTATES, LOT 8 & 9, ACRES 2.191
Census Tract001802
Assessed Land Value$128,112
Assessed Improvement Value$6,466
Assessment Year2025
About this property
Multiple Offers Received. Offer Deadline of 6pm 9.13. Discover 2.19 acres of prime land in Grayson County. This lot offers endless possibilities as it is unzoned, out of city limits, and no deed restrictions. This property has a beautiful tree line at the back of the property and nearly 200' of road frontage on Franklin Rd. Electricity & pole is on site provided by GCEC and water meter on site from Kentucky Town WSC. The lot also looks over a beautiful pond and has recently been cleared for the next owners to have a clean slate on this beautiful piece of property in Sherman, TX.
Investor Tools
$141,000
Estimated Property Value
$0Estimated Mortgage Balance
$141,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$846 /month
Positive
Cash Flow Estimate:
$282 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,647
$134,578
2025
$128,112
$6,466
$134,578
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,647
$134,578
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$141,000
100%
0%
$0/mo
12.4%