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$112,000

NAL Estimated Property Value

1631 Crescent Drive, Sherman, TX, 75092

$145,600 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,168 Sq Ft
price_per_sqft$99.43 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Lot Size7,405 sqft

Building Information

Garage Spaces2

Land Information

APNS028 076362624
SubdivisionMcanair J B
Land UseResidential
Legal DescriptionG-0763 MCANAIR J B, ACRES 0.17, ABANDONED RR ROW PREVIOUS ACCT S028 0763651 ABANDONED RR ROW PREVIOUS ACCT S028 0763651
Census Tract001300
Assessed Land Value$19,920
Assessment Year2025

About this property

Shop in the city! This updated ranch style home in West Sherman is sitting on almost a full acre and has a 1200 sq ft shop with electricity. The kitchen is a cook's dream. Kitchenaid stainless steel appliances and a huge island. Two large living spaces and a nice covered back porch overlooking the huge backyard. Don't miss the updated double pane windows and tankless hot water heater. All of this convenient to employment and shopping. The property continues past the back fence to the middle of the old abandoned railroad right of way. Move in ready. Make your appointment to tour today.

Investor Tools

Property Icon
$112,000
Estimated Property Value
$0Estimated Mortgage Balance
$112,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$145,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$80/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$403
$19,920
2025
$19,920
N/A
$19,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$403
$19,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$112,000
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.

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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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1631 Crescent Drive | Property Details | No Agent List