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$185,000

NAL Estimated Property Value

1623 N Binkley St, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,239 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.09 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDishwasher, Gas Range, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size11,252 sqft

Building Information

Year Built1954
Roof Type109
Garage Spaces3

Land Information

APNS024 2153005
Lot Number10
SubdivisionMaxeys 4th Addn Blks 4,K,L
Land UseResidential
Legal DescriptionMAXEYS 4TH ADDN BLKS 4,K,L, BLOCK J, LOT 10, ACRES .2583
Census Tract001200
Assessed Land Value$72,000
Assessed Improvement Value$89,929
Assessment Year2025

About this property

This charming, fully remodeled three-bedroom, one-bath home offers modern updates and a prime location! Nestled within walking distance of the newly renovated Fairview Park and Fairview School, this property provides both convenience and a welcoming neighborhood feel. Step inside to find a beautifully refreshed interior featuring new custom cabinets and granite counter tops and all-new kitchen appliances, making meal preparation a breeze. Plus, the included refrigerator, washer, and dryer add extra value and move-in readiness. Outside, enjoy the privacy of a backyard complete with a wooden deck—perfect for relaxing or entertaining guests. The alley-entry carport and storage building provide additional practicality for parking and extra space. Don’t miss the opportunity to call this delightful home yours!

Investor Tools

Property Icon
$185,000
Estimated Property Value
$0Estimated Mortgage Balance
$185,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,257 /month
Positive
Cash Flow Estimate:
$419 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,569
$161,929
2025
$72,000
$89,929
$161,929
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,569
$161,929

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$185,000
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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1623 N Binkley St | Property Details | No Agent List