Last 24 Hours
$176,000
NAL Estimated Property Value1606 N Binkley St, Sherman, TX, 75092
Off Market
3 Beds
1 Bath
1,164 Sq Ft
$133.16 / sqft
Built in 1953Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating ElectricAppliancesElectric Range, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl
Exterior
Exterior FeaturesAwning(s), Rain Gutters
Lot Size8,250 sqft
Building Information
Year Built1953
Roof Type109
Garage Spaces1
Land Information
APNS024 2152016
SubdivisionMaxeys 4th Addn Blks 1,2,3
Land UseResidential
Legal DescriptionMAXEYS 4TH ADDN BLKS 1,2,3, BLOCK 3, LOT N 28 FT 5 & S 27 FT 4, ACRES .1894
Census Tract001200
Assessed Land Value$66,743
Assessed Improvement Value$87,508
Assessment Year2025
About this property
3-1-1 on a large lot near Fairview Park. Garage has electric. There is access to the backyard from an alley. Nice covered patio in the backyard for relaxing. Buyer and-or Buyer's agent to verify any and all information provided by Seller and-or Seller's agent.
Investor Tools
$176,000
Estimated Property Value
$117,779Estimated Mortgage Balance
$58,221Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,839
$154,251
2025
$66,743
$87,508
$154,251
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,839
$154,251
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$124,000
No
First
Aug 16, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,779
$58,221
33%
67%
$744/mo
12.4%