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$349,000

NAL Estimated Property Value

2370 State Highway 289, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.99 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Cooktop
FlooringCarpet

Exterior

Lot Size38,768 sqft

Building Information

Year Built1971
Garage Spaces2

Land Information

APN179 0717013
SubdivisionLovejoy J L A-G0717
Land UseResidential
Legal DescriptionG-0717 LOVEJOY J L A-G0717, ACRES .89
Census Tract001901
Assessed Land Value$85,290
Assessed Improvement Value$173,342
Assessment Year2025

About this property

Great 3 Bedroom 2 bath home w 2 car garage on slightly less than an acre. Room to play and have fun!. Galley kitchen with eat in breakfast area that over looks family room. 2 bedroom split provides great layout for those holiday guests. This opportunity will not sit on market long and presents itself with an opportunity to buy ahead of the growth and to won a piece of property on 289. County said it is not in zoning regulated area as far as commercial zoning.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$138,407Estimated Mortgage Balance
$210,593Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,932
$258,632
2025
$85,290
$173,342
$258,632
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,932
$258,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Infinity Mortgage Holdings Llc
Conventional
$156,750
No
First
May 19, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,407
$210,593
60%
40%
$940/mo

City: Sherman

2370 State Highway 289 | Property Details | No Agent List