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$219,000

2518-2520 N Hickory Street, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,846 Sq Ft
DuplexDuplex
price_per_sqft$94.8 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesNone
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size6,752 sqft

Building Information

Year Built1955
Garage Spaces2

Land Information

APNS017 2297019
SubdivisionClarkson(Rplt Moorman Blk1)
Land UseResidential
Legal DescriptionCLARKSON(RPLT MOORMAN BLK1), BLOCK 1, LOT S 54 X 125 26, ACRES .155
Census Tract001200
Assessed Land Value$35,303
Assessed Improvement Value$88,738
Assessment Year2025

About this property

CALLING ALL INVESTORS LOOKING FOR AN INVESTMENT. This duplex is a Two Bedroom, One Bath, Living Room, Dining Area with Kitchen. Washer and Dryer connections in kitchen. One car covered parking and additional parking per side. Two Units. The Fenced back yards have a dividing chain link fence. The property does need some repairs but such a great investment. Rents have been $700 and $750. Tenants pay their own utilities. North unit has Central Heat. Both sides have Window Air Units. Property to be sold AS IS.

Investor Tools

Property Icon
$219,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,812
$124,041
2025
$35,303
$88,738
$124,041
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,812
$124,041

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$232,000
No
First
Jan 18, 2024
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,207
N/A
0%
101%
$1,391/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.

Explore Texas Explore This Area
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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2518-2520 N Hickory Street | Property Details | No Agent List