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$262,000

NAL Estimated Property Value

2514 N Ricketts, Sherman, TX, 75092

$266,504 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,825 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.56 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size10,206 sqft

Building Information

Year Built1967
Garage Spaces2

Land Information

APNS017 2026008
Lot Number6
SubdivisionBright Star Addn (Replat)
Land UseResidential
Legal DescriptionBRIGHT STAR ADDN (REPLAT), BLOCK 3, LOT 6, ACRES .2343
Census Tract000904
Assessed Land Value$45,717
Assessed Improvement Value$219,426
Assessment Year2025

About this property

Nice 3 bedroom, 2 bath home in well established west Sherman neighborhood. Recently installed carpet, paint and landscaping gives this ranch style home a fresh look. Home had an in ground pool but has been filled in to provide an extra patio and seating area. Lots of storage in garage and throughout the house. Great location just minutes from anywhere in Sherman. Roof shingles only two years old! Make an appointment to see this one today!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$322,766Estimated Mortgage Balance
$262,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$266,503
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
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,794
$259,734
2025
$45,717
$219,426
$265,143
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,794
$259,734

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$181,649
Yes
First
Aug 7, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,766
N/A
0%
123%
$2,180/mo

City: Sherman

2514 N Ricketts | Property Details | No Agent List