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$155,000

NAL Estimated Property Value

2009 E Jones St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths992 Sq Ft
price_per_sqft$90.72 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Range, Gas Water Heater
FlooringWood

Exterior

Lot Size7,074 sqft

Building Information

Year Built1958

Land Information

APNS043 2071006
Lot Number3
SubdivisionDodd Frank D Addn
Land UseResidential
Legal DescriptionDODD FRANK D ADDN, BLOCK 1, LOT 3, ACRES .1624
Census Tract001500
Assessed Land Value$51,789
Assessed Improvement Value$55,463
Assessment Year2025

About this property

ACCEPTING BEST AND FINAL OFFERS THROUGH 5PM CST MAY 3RD. Come check out this charming home in the heart of bustling Sherman! Located conveniently between two schools on a quiet non-outlet road with no thru traffic, this is a perfect opportunity whether you are interested in investing or in making this well-loved house your family’s home sweet home. A custom-made wrought-iron security door that leads into the home and the covered back patio boasts more of the one-of-a-kind ironwork giving you a unique space to entertain and relax. Fenced-in back yard has a drive-in gate, a shop with a roll-up garage door, and an additional heated shop for storage or other living space. Plenty of room for all the activities your family could think of plus the mature pecan tree in the back yard provides lots of shade to keep you cool while hanging out. House being sold as is with no plans for any additional repairs and with a little bit of TLC and customization this truly could be the home of your dreams

Investor Tools

Property Icon
$155,000
Estimated Property Value
$0Estimated Mortgage Balance
$155,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,549
$107,252
2025
$51,789
$55,463
$107,252
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,549
$107,252

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$155,000
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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2009 E Jones St | Property Details | No Agent List