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$195,000

219 W Wilson Ave, Sherman, TX, 75090

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,723 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.17 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Hardwood, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,100 sqft

Building Information

Year Built1955
Garage Spaces2

Land Information

APNS052 2222018
Lot Number10
SubdivisionSouthside Addn (Replat)
Land UseResidential
Legal DescriptionSOUTHSIDE ADDN (REPLAT), BLOCK 31, LOT 10, ACRES 0.163
Census Tract001700
Assessed Land Value$59,285
Assessed Improvement Value$133,342
Assessment Year2025

About this property

Big, beautifully refreshed 3-bedroom, 2-bath home with a 2-car attached garage and a rare bonus workshop - all at an exceptional value in Sherman! If you've been searching for a home that give you more space without stretching your budget, this one deserves a look. With 1,723 square feet, this single-story home offers generously sized living spaces and bedrooms that are hard to find in this price point. The home has been thoughtfully remodeled and refreshed, combining the character and solid construction of an established Sherman neighborhood with the comfort buyers want today. Beautiful hardwood flooring adds warmth and character, while new carpet in the bedrooms provides a fresh, comfortable fee. The rear-entry, 2-car attached garage provides convenient everyday parking and storage, while the separate workshop with electricity is a wonderful bonus - perfect for a hobbyist, DIY enthusiast, additional storage, or anyone who needs a dedicated workspace. Outside, you'll find a fenced backyard and room to enjoy the outdoors without the maintenance demands of a huge property. And the location is hard to beat, with convenient access to the biggest Sherman employers, as well as shopping, dining and major roads. This is an opportunity to get substantially more living space and functionality than many homes in this price range. Come see how much house you can get for under $200,000!

Investor Tools

$18,640Estimated Mortgage Balance
$179,529Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$509
$192,627
2025
$59,285
$133,342
$192,627
No

Tax History

Year
Tax Paid
Assessed Value
2024
$509
$192,627

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Of Texas
Unknown
$48,450
No
First
May 26, 2004
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,640
$173,987
90%
9%
$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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219 W Wilson Ave | Property Details | No Agent List