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$245,875

NAL Estimated Property Value

219 N Grand Ave, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,794 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.07 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,499 sqft

Building Information

Year Built1945
Roof Type109
Garage Spaces1

Land Information

APNS032 2055193
SubdivisionCollege Park Addn
Land UseResidential
Legal DescriptionCOLLEGE PARK ADDN, BLOCK 32, LOT N 50' OF 1, ACRES .1951
Census Tract001400
Assessed Land Value$51,680
Assessed Improvement Value$194,195
Assessment Year2025

About this property

Walking distance from Austin College this large corner lot 3 bedroom 2 bath2 Living makes a great investment property or first time home. This large lot with backyard and shaded trees with covered attached parking does need some TCL but is a great canvas! Calling all investors and flippers this one won't last.

Investor Tools

Property Icon
$245,875
Estimated Property Value
$207,458Estimated Mortgage Balance
$38,417Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,475 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,944
$245,875
2025
$51,680
$194,195
$245,875
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,944
$245,875

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$214,500
No
First
Jul 12, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,458
$38,417
15%
84%
$1,287/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.

Explore Texas Explore This Area
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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219 N Grand Ave | Property Details | No Agent List