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$296,971

NAL Estimated Property Value

1604 W Shields Dr, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,977 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.34 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Simulated Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size10,145 sqft

Building Information

Year Built1964
Garage Spaces2

Land Information

APNS036 2270028
Lot Number16,80
SubdivisionWestwood 5th Addn
Land UseResidential
Legal DescriptionWESTWOOD 5TH ADDN, BLOCK 2, LOT 16, 80X140X64.9X140, ACRES .2329 80X140X64.9X140
Census Tract001300
Assessed Land Value$71,407
Assessed Improvement Value$242,709
Assessment Year2025

About this property

Gorgeously renovated 3-bed, 2-bath residence nestled in a mature community boasts a 2-car garage, sleek granite countertops, stainless steel appliances, seamlessly flowing kitchen and dining space, charming ambient lighting, new carpeting in halls and bedrooms, engineered hardwood flooring throughout the primary living areas. Enjoy the shade from two majestic trees gracing the front yard while the expansive patio in the rear offers ample outdoor entertainment space. Recent upgrades include a brand-new roof and gutters. For added convenience, a handy storage shed is located in the backyard. Within walking distance to the Wakefield Elementary School, less than 2 miles from Piner Middle School, and four miles from the Sherman High School, this home is in an ideal location for a family with children.

Investor Tools

Property Icon
$296,971
Estimated Property Value
$307,619Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,522
$296,971
2025
$71,407
$242,709
$314,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,522
$296,971

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$309,294
Yes
First
Jun 12, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,619
N/A
0%
104%
$1,911/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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1604 W Shields Dr | Property Details | No Agent List