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$209,190

1708 Baker Rd, Sherman, TX, 75090

$271,947 ARVInfo
Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.64 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size23,435 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APNS020 209800103
Lot Number3
SubdivisionG M F C Addn
Land UseCommercial
Legal DescriptionG M F C ADDN, LOT PT 3,6,11 & ALL OF 4,5, ACRES .538
Census Tract000903
Assessed Land Value$85,844
Assessed Improvement Value$123,346
Assessment Year2025

About this property

ASSUMABLE MORTGAGE!! Private retreat nestled amongst gorgeous oak trees on 5 acres just outside of Sherman. Relax on your covered back porch or in the backyard pool. This home is an open floor concept, centered around the updated kitchen and dining area that opens to the living room which is anchored by the Austin stone fireplace. Split bedrooms create privacy for the primary bedroom and en-suite at the rear of the home. The primary bedroom overlooks the manicured backyard, acres of trees, and seasonal creek. She shed or outbuilding has electricity and is currently used for living quarters. Secondary shed used for storage. Updates include: new kitchen countertops & cabinets painted (2024), backyard patio, new AC unit (2024), hot water heater (2020), roof & gutters ((2023). Easy commute to Highway 82 and Highway 75. Outside city limits. Pool and deck to be removed prior to closing.

Investor Tools

Property Icon
$209,190
Estimated Property Value
$123,250Estimated Mortgage Balance
$112,885Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$271,947
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,588
$209,190
2025
$85,844
$123,346
$209,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,588
$209,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Landmark Bank
Commercial
$123,250
No
First
Feb 19, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,305
$112,885
53%
46%
$739/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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1708 Baker Rd | Property Details | No Agent List