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$128,000

NAL Estimated Property Value

217 W Belden St, Sherman, TX, 75092

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size35,188 sqft

Land Information

APNS024 2213010
Lot Number1
SubdivisionShannon R E 2nd Addn
Land UseResidential
Legal DescriptionSHANNON R E 2ND ADDN, BLOCK 3, LOT PT 1 ALL 2 & 3 &, 5' ADJ ALLEY, ACRES .8078
Census Tract001200
Assessed Land Value$100,987
Assessment Year2025

About this property

Come see this Beautiful .8 acre wooded lot in the heart of historical Sherman west of 75. Gorgeous vintage homes abound in this neighborhood. Previous home burned and all has been cleaned and removed. Garage and old outdoor fireplace still remain on this beautiful creek lot. Owner will convey original house plans dating back to 1930. How exciting to recreate the original home!!Survey attached but is not usable for a lender. Good for referencing boundary lines.

Investor Tools

Property Icon
$128,000
Estimated Property Value
$60,515Estimated Mortgage Balance
$67,485Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,084
$100,987
2025
$100,987
N/A
$100,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,084
$100,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susanne Houghe
Purchase Money Mortgage
$75,000
No
First
Feb 14, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,515
$67,485
52%
47%
$450/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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217 W Belden St | Property Details | No Agent List