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$176,000

NAL Estimated Property Value

218 Utah St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.41 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringLaminate, Tile

Exterior

Exterior FeaturesStorage
Lot Size7,562 sqft

Building Information

Garage Spaces1

Land Information

APNS059 206007401 02
Lot Number5
SubdivisionConstitution Village Sec 2
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionCONSTITUTION VILLAGE SEC 2, BLOCK 3, LOT 5, ACRES .1736, UNDIVIDED INTEREST 50.0000000000%
Census Tract001500
Assessment Year2025

About this property

If you've been looking to purchase a remodeled house in a family neighborhood, but aren't able to get a traditional bank loan, this is the one for you! Seller will finance the purchase of this brick home in the popular subdivision across the street from Schulman's entertainment complex. Matching ceramic tile in kitchen and throughout both bathrooms, with wood-like flooring in bedrooms and living space. No carpet! French doors lead to covered patio for outdoor entertaining in a completely fenced backyard. Freshly painted in 2024, with a newer roof and HVAC. Foundation repaired in 2017 and carries a lifetime transferrable warranty. House is 100% electric. Nothing to do but move right in!

Investor Tools

Property Icon
$176,000
Estimated Property Value
$0Estimated Mortgage Balance
$176,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,823
$77,216
2025
N/A
N/A
$94,086
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,823
$77,216

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$176,000
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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218 Utah St | Property Details | No Agent List