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$171,000

NAL Estimated Property Value

1620 E King St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,252 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.95 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Cooktop, Microwave

Exterior

Lot Size8,999 sqft

Building Information

Year Built1940

Land Information

APNS043 2138023
Lot Number17
SubdivisionLinnstead J C Addn
Land UseResidential
Legal DescriptionLINNSTEAD J C ADDN, BLOCK 3, LOT 17, ACRES 0.2066
Census Tract001500
Assessed Land Value$60,750
Assessed Improvement Value$54,380
Assessment Year2025

About this property

MOVE IN READY!! Super cute home in Sherman for an amazing price! 3 bedrooms, 1 bath, enclosed garage space and a spacious backyard!! This home has been beautifully redone, giving you a modern sleek design and room for your creativity to make it your own. Many items throughout the home have been updated including HVAC, plumbing, and electrical. As soon as you enter, you are greeted with a spacious living area and open floor plan. Enjoy beautiful mornings or evening in your dinning area and enjoy cooking delicious meals in your kitchen that includes a gas range! Don't miss your opportunity to own a great home in the up and coming city of Sherman. PLUS you are just minutes from great schools, highway 75, local parks and downtown Sherman! Schedule your showing today

Investor Tools

Property Icon
$171,000
Estimated Property Value
$141,791Estimated Mortgage Balance
$29,209Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$86/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$179
$115,130
2025
$60,750
$54,380
$115,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$179
$115,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Building Or Construction Loan
$143,250
No
First
Oct 27, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,791
$29,209
17%
83%
$859/mo

City: Sherman

1620 E King St | Property Details | No Agent List