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$398,233

NAL Estimated Property Value

1701 N Shannon Street, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.21 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size17,999 sqft

Building Information

Year Built1935
Roof Type109
Garage Spaces1

Land Information

APNS024 2216030
Lot Number9
SubdivisionShannon W M Supplement
Land UseResidential
Legal DescriptionSHANNON W M SUPPLEMENT, BLOCK 2, LOT 9, ACRES .4132
Census Tract001200
Assessed Land Value$83,700
Assessed Improvement Value$314,533
Assessment Year2025

About this property

This 1935 Stone home has all of the beauty of the past, original hard wood floors,original decorative fireplace, large windows, built in Cabinets, & a huge lot with mature trees. Added BONUS, THE HARDWORK HAS ALREADY BEEN DONE! Home has been amazingly updated with new HVAC, roof, foundation, windows, new kitchen & bath fixtures, cabinets& flooring, and much more. Look in the transaction section for a complete list of improvements. This 4 bedroom, 3 bath jewel won't last long!! Come out and see it today!

Investor Tools

Property Icon
$398,233
Estimated Property Value
$253,704Estimated Mortgage Balance
$144,529Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,389 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,018
$398,233
2025
$83,700
$314,533
$398,233
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,018
$398,233

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$282,150
No
First
Feb 1, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,704
$144,529
36%
64%
$1,692/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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1701 N Shannon Street | Property Details | No Agent List