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$336,000

NAL Estimated Property Value

2200 Covington Ct, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,852 Sq Ft
price_per_sqft$175.49 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size11,108 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN154A6868079
Lot Number52
SubdivisionWashington Place Addn
Land UseResidential
Legal DescriptionWASHINGTON PLACE ADDN, BLOCK 3, LOT 52, 52.11X48.54X145X72.8X112.08, ACRES 0.255 52.11X48.54X145X72.8X112.08
Census Tract001101
Assessed Land Value$73,423
Assessed Improvement Value$232,148
Assessment Year2025

About this property

Three bedroom 2 bath home on a corner lot in Washington Place in West Sherman. Covered patio, wood privacy fence, sprinkler system. Hardwood floors throughout with tile in kitchen and baths.Built in 2000, it includes gas fireplace with logs. It has a covered back patio and porch with built in features. Dining room doors have been added but could be easily removed. Located on a quiet circle. Come take a look.

Investor Tools

Property Icon
$336,000
Estimated Property Value
$340,364Estimated Mortgage Balance
$336,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,016 /month
Positive
Cash Flow Estimate:
$672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,751
$305,571
2025
$73,423
$232,148
$305,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,751
$305,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Open End Mortgage / Open End With Future Advance Clause
$314,500
No
First
Feb 18, 2025
Feb 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,364
N/A
0%
101%
$2,087/mo

City: Sherman