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$276,485

NAL Estimated Property Value

1616 N Alexander Street, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.42 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,392 sqft

Building Information

Year Built1964
Roof Type109
Garage Spaces2

Land Information

APNS024 2216078
Lot Number5,6
SubdivisionShannon W M Supplement
Land UseResidential
Legal DescriptionSHANNON W M SUPPLEMENT, BLOCK 4, LOT PT 5 & 6, ACRES .1697
Census Tract001200
Assessed Land Value$64,532
Assessed Improvement Value$211,953
Assessment Year2025

About this property

Beautifully Remodeled Home in West Sherman! Well maintained home with Wood Floors throughout, Bathrooms were updated 3 years ago with Tile, Vanities and New Lighting. Spacious Kitchen with all Stainless Appliances including refrigerator and Large Pantry! 2 Living Areas including Large Family Room or Den with Wood Burning Fireplace, Vaulted Ceilings and Built In Cabinets for Storage. 2 Car Attached Garage. Large Deck in back. Fenced Yard. This one is a must see not far from Fairview Park!

Investor Tools

Property Icon
$276,485
Estimated Property Value
$0Estimated Mortgage Balance
$276,485Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,659 /month
Positive
Cash Flow Estimate:
$553 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,774
$276,485
2025
$64,532
$211,953
$276,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,774
$276,485

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,485
100%
0%
$0/mo

City: Sherman

1616 N Alexander Street | Property Details | No Agent List