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B+
NoAgentList RatingHow are grades calculated? Info
Days19Days on Market
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$950

1615 N Alexander St, Sherman, TX, 75092

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths826 Sq Ft
DuplexDuplex
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,878 sqft

Building Information

Year Built1965
Garage Spaces2

Land Information

APNS024 2216061
SubdivisionShannon W M Supplement
Land UseResidential
Legal DescriptionSHANNON W M SUPPLEMENT, BLOCK 4, LOT E PT 4, ACRES .1579
Census Tract001200
Assessed Land Value$61,898
Assessed Improvement Value$62,945
Assessment Year2025

About this property

AVAIALBLE NOW! 2 Bedroom, 1 Bathroom Duplex for rent in Sherman. 826 Sq ft. Featuring a spacious kitchen and a dining area that opens to the living room. The interior has been freshly painted, giving the home a clean and updated feel. Utility Room offers full size washer and dryer connections. NEW carpets in the bedrooms. Park your car under the attached car carport that has a small storage area for seasonal items. Pets welcome! Call today to schedule your showing

Investor Tools

Property Icon
$197,000
Estimated Property Value
$0Estimated Mortgage Balance
$197,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

Interested in this property?

Klaudia Zmurko

Auben DFW, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,779
$124,843
2025
$61,898
$62,945
$124,843
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,779
$124,843

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,000
100%
0%
$0/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.

Explore Texas Explore This Area
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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