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$225,000

1601 S Travis St, Sherman, TX, 75090

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.68 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesGas Cooktop, Gas Water Heater, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size11,252 sqft

Building Information

Year Built1910
Garage Spaces5

Land Information

APNS052 2221182
Lot Number9
SubdivisionSouthside Addn
Land UseResidential
Legal DescriptionSOUTHSIDE ADDN, BLOCK 59, LOT 9 & S/2 10, 75X150, ACRES .2583 75X150
Census Tract002000
Assessed Land Value$77,175
Assessed Improvement Value$95,193
Assessment Year2025

About this property

Well-maintained 3 bedroom, 2 bath home offering a comfortable layout, thoughtful updates, and plenty of flexibility for everyday living. In addition to the three bedrooms, the home features a versatile flex room that can be used as a home office, additional storage, or even converted into a spacious walk-in closet for the primary bedroom. Situated on a spacious quarter-acre lot, the property offers plenty of room to enjoy both inside and out. Parking is convenient with a two-car garage plus an additional covered carport, providing extra space for vehicles, guests, or recreational needs. The current owners have taken great care of the home and completed numerous updates throughout, including spray foam insulation and a durable metal roof, adding both comfort and functionality. The home has been thoughtfully maintained and is ready for its next owners to make it their own. Conveniently located with easy access to Downtown Sherman and Highway 75, you'll be close to local shopping, dining, schools, and everything Sherman has to offer. Well cared for, updated, and full of possibilities this home is ready for its next chapter. Schedule your showing today and come see it for yourself!

Investor Tools

$96,562Estimated Mortgage Balance
$147,063Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

Interested in this property?

Kimberly Mejia

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,794
$172,368
2025
$77,175
$95,193
$172,368
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,794
$172,368

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$100,000
No
First
Jun 28, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,562
$155,438
61%
40%
$600/mo

City: Sherman