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$191,000

NAL Estimated Property Value

1602 N Binkley St, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,332 Sq Ft
price_per_sqft$165.17 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating ElectricHeating Electric
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
FlooringCarpet, Linoleum, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,102 sqft

Building Information

Year Built1953
Roof Type109
Garage Spaces3

Land Information

APNS024 2152017
Lot Number5
SubdivisionMaxeys 4th Addn Blks 1,2,3
Land UseResidential
Legal DescriptionMAXEYS 4TH ADDN BLKS 1,2,3, BLOCK 3, LOT S 54' 5, ACRES .186
Census Tract001200
Assessed Land Value$66,420
Assessed Improvement Value$111,261
Assessment Year2025

About this property

Welcome to classic charm and character! This house features two spacious living areas, providing plenty of room for relaxation and entertainment. Original hardwood floors in front living and front two bedrooms! Kitchen offers plenty of cabinets for storage. Second living room is just off the kitchen. Primary bedroom has an ensuite bathroom. Enjoy the fenced in backyard equipped with a storage building. There are also 2 additional carport parking spaces from the alley access behind the home. Home has easy access to Hwy 75, FM 1417, dining, and shopping. Home is in close proximity to Fairview Park, School, and Pool! Schedule your showing today!

Investor Tools

Property Icon
$191,000
Estimated Property Value
$201,988Estimated Mortgage Balance
$191,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,795
$177,681
2025
$66,420
$111,261
$177,681
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,795
$177,681

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$211,589
No
First
Nov 21, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,988
N/A
0%
106%
$1,269/mo

City: Sherman

1602 N Binkley St | Property Details | No Agent List