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$262,000

NAL Estimated Property Value

2200 N Hickory St, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,500 Sq Ft
price_per_sqft$169.27 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesGas Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRV Hookup
Lot Size12,894 sqft

Building Information

Year Built1940

Land Information

APNS017 2724002
Lot Number12R
SubdivisionShannon Heights Addn Replat Blk 3 Pt 9 &
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionSHANNON HEIGHTS ADDN REPLAT BLK 3 PT 9 & ALL 10-12, BLOCK 3, LOT 12R, ACRES .296
Census Tract001200
Assessed Land Value$73,623
Assessed Improvement Value$145,394
Assessment Year2025

About this property

Welcome to this versatile 3-bedroom craftsman-style home situated on an expansive, rare oversized lot of over half an acre! This property is a dream for outdoor enthusiasts and travelers, featuring a dedicated 50-Amp RV electrical service along with full water and sewer hookups on-site. Enjoy the peace of a massive, shaded backyard that provides endless room for gardening, recreation, or even a future workshop. This home underwent a complete transformation in 2023, with every surface and system renewed while preserving only the original studs and subflooring. The renovation began with a full interior demolition, removing all finishes, doors, trim, cabinetry, countertops, appliances, bathroom fixtures, lighting, and HVAC ductwork. The rebuild included all-new LED lighting, ceiling fans, exterior lighting, updated plumbing fixtures, new toilets, a new shower, and a new kitchen sink with disposal. The HVAC system received brand-new ductwork, and the entire home was reinsulated with new batt insulation in the walls and fresh attic insulation. All walls and ceilings were rebuilt with new drywall, tape, float, and texture. Interior finishes were fully replaced, including new interior doors, trim, baseboards, cabinetry, and countertops. The kitchen was completely reconstructed with new cabinets, countertops, sink, faucet, backsplash, and new gas range and microwave. Both bathrooms were upgraded with new vanities, faucets, and fixtures. Exterior improvements included all-new siding, new windows, and new exterior doors. The property also gained a newly installed 40×12 gravel RV pad. In 2025, the home received its final finishing touch with brand-new flooring throughout, including luxury vinyl plank in the main areas, carpet in the bedrooms, and LVT in the bathrooms—completing a truly comprehensive modernization. Located just minutes from Fairview Elementary and the retail heart of Sherman. Come see it today!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$238,655Estimated Mortgage Balance
$23,345Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,325
$219,017
2025
$73,623
$145,394
$219,017
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,325
$219,017

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Va
$250,000
Yes
First
Nov 22, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,655
$23,345
8%
91%
$1,499/mo

City: Sherman

2200 N Hickory St | Property Details | No Agent List