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$229,900

214 Arkansas St, Sherman, TX, 75090

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,155 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.05 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave

Exterior

Lot Size7,200 sqft

Building Information

Year Built1970
Garage Spaces1

Land Information

APNS059 2060055
Lot Number27
SubdivisionConstitution Village Sec 2
Land UseResidential
Legal DescriptionCONSTITUTION VILLAGE SEC 2, BLOCK 4, LOT 27, ACRES .1653
Census Tract001500
Assessed Land Value$44,646
Assessed Improvement Value$163,286
Assessment Year2025

About this property

Welcome home to this charming three-bedroom, two-bath gem in the heart of Sherman! Thoughtfully updated throughout, this inviting home blends modern comfort with an easy, comfortable feel. Major improvements, including the roof, foundation, and HVAC, have already been completed, giving its next owner added peace of mind. Step outside to a spacious backyard filled with possibilities. Create the garden, play area, entertaining space, or peaceful outdoor retreat you have always imagined. Whether you are purchasing your first home, simplifying your lifestyle, or looking for a smart investment, this property offers the space, updates, and versatility to fit a variety of needs. Convenient access to US-75 makes commuting to work, school, shopping, and dining a breeze. Sherman continues to grow as one of North Texas’ most exciting communities, offering small-town warmth, a revitalized downtown, expanding employment opportunities, and convenient access to the outdoor recreation of Lake Texoma, all while remaining within reach of the DFW Metroplex. Updated, welcoming, and full of potential, this is more than a house, it is a wonderful place to begin your next chapter!

Investor Tools

$200,314Estimated Mortgage Balance
$8,613Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Leslie Schmidtke

INC Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,040
$207,932
2025
$44,646
$163,286
$207,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,040
$207,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Fha
$209,142
Yes
First
Jan 16, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,314
$7,618
3%
96%
$1,254/mo

City: Sherman