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Days49Days on Market
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$35,000

209 E College Street, Sherman, TX, 75090

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,161 sqft

Land Information

APNS030 0763507
SubdivisionMcanair J B
Land UseResidential
Legal DescriptionG-0763 MCANAIR J B, ACRES .1644, 42 X 170.5 42 X 170.5
Census Tract002000
Assessed Land Value$44,398
Assessment Year2025

About this property

Don't miss this opportunity to own a spacious empty lot measuring 42 feet by 170.5 feet, perfectly situated in a rapidly growing area of Sherman, Texas. Conveniently located just minutes from Highway 75, this property offers quick access to major routes and is only a short drive to historic downtown Sherman, where you’ll find shopping, dining, and entertainment options. Whether you're looking to build a new home, invest in future development, this versatile lot offers endless potential. Utilities are available nearby, and the area is seeing steady growth and revitalization.

Investor Tools

Property Icon
$56,000
Estimated Property Value
$0Estimated Mortgage Balance
$56,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$336 /month
Positive
Cash Flow Estimate:
$112 /month

Interested in this property?

Barbara Galarza

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$949
$44,398
2025
$44,398
N/A
$44,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$949
$44,398

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$56,000
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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209 E College Street | Property Details | No Agent List