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$292,597

NAL Estimated Property Value

216 S Loving Avenue, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,049 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.16 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater
FlooringCarpet, Linoleum

Exterior

Lot Size26,310 sqft

Building Information

Year Built1936
Garage Spaces2

Land Information

APNS043 0963069
SubdivisionPilant G B A-G0963
Land UseResidential
Legal DescriptionG-0963 PILANT G B A-G0963, ACRES .604
Census Tract001500
Assessed Land Value$100,242
Assessed Improvement Value$192,355
Assessment Year2025

About this property

Discover the myriad possibilities presented by this visionary property. Situated on a spacious lot exceeding .5 AC, the residence is encompassed by a fully fenced yard, featuring 2 storage buildings with electricity—one boasting a 2nd floor. The charming 1 bedroom,1 bath guest home, remodeled in 2017, provides an ideal space for an independent adult living with you. Alternatively, transform it into a lucrative Airbnb, contributing to mortgage coverage. This versatile space also serves as a serene home office for remote workers. In 2005, the main home underwent significant upgrades, including newer windows. The two living areas offer flexibility—merge them into a vast single room, convert one into a potential 4th bedroom, or consider a complete floor plan overhaul. A spacious covered wooden deck at the rear provides a delightful vantage point over the picturesque lot. Recent enhancements include foundation work completed in October 2023 and a brand-new roof installed in April 2023.

Investor Tools

Property Icon
$292,597
Estimated Property Value
$241,520Estimated Mortgage Balance
$51,077Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,756 /month
Positive
Cash Flow Estimate:
$585 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$271
$292,597
2025
$100,242
$192,355
$292,597
No

Tax History

Year
Tax Paid
Assessed Value
2024
$271
$292,597

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank
Conventional
$251,750
No
First
Feb 8, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,520
$51,077
17%
83%
$1,510/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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216 S Loving Avenue | Property Details | No Agent List