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$241,000

NAL Estimated Property Value

1602 N Highland Avenue, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,937 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.51 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDouble Oven, Gas Cooktop
FlooringCeramic Tile, Wood

Exterior

Lot Size12,750 sqft

Building Information

Year Built1955
Stories2
Roof Type109
Garage Spaces2

Land Information

APNS024 2205006
Lot Number6
SubdivisionSatterwhites 1st Addn
Land UseResidential
Legal DescriptionSATTERWHITES 1ST ADDN, LOT 6, ACRES .2927
Census Tract001200
Assessed Land Value$73,313
Assessed Improvement Value$141,654
Assessment Year2025

About this property

2 Story house, 4 Bedroom, 2 bathroom, almost 2000 sqft! Established neighborhood in Northwest Sherman near Fairview Park. Double Oven, Gas Range, fireplace, original hardwoods, spacious layout with plenty of living area. Large backyard with Mature trees, Convenient alley behind house for easy access.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$158,803Estimated Mortgage Balance
$82,197Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,611
$214,967
2025
$73,313
$141,654
$214,967
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,611
$214,967

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$164,957
Yes
First
May 29, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,803
$82,197
34%
66%
$1,070/mo

City: Sherman

1602 N Highland Avenue | Property Details | No Agent List