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$97,000

NAL Estimated Property Value

301 N Cleveland Avenue, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$78.28 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDryer, Gas Water Heater, Refrigerator, Washer
FlooringWood

Exterior

Exterior FeaturesStorage
Lot Size8,002 sqft

Building Information

Year Built1940
Roof Type109
Garage Spaces1

Land Information

APNS032 2055173
Lot Number6
SubdivisionCollege Park Addn
Land UseResidential
Legal DescriptionCOLLEGE PARK ADDN, BLOCK 29, LOT 6, ACRES 0.1837
Census Tract001400
Assessed Land Value$49,120
Assessed Improvement Value$22,058
Assessment Year2025

About this property

Vintage 1940 Craftsman House in Booming Sherman, TX! This home is full of character and ready for a makeover. The home is situated on a nice corner lot that is only four blocks from Austin College and a 5 minute drive to Downtown Sherman. This 3 BR, 1BA house has original hardwood floors that can be refinished. Many original features throughout including panel doors, original hardware, rustic beams and and authenic shiplap ceilings and walls. The 3rd bedroom is the perfect size for an office or an additional full bath could be added in this space. The attic space can be converted into additional living space. The home is plumbed for gas in the kitchen and also for gas wall heaters in the bedrooms and living room. The water heater and dryer hookup are also gas. Full size washer & dryer hookups are located in the bathroom. There is a storage shed in the backyard and plenty of room to add a garage. Bring your toolbelt and return this home to it's former glory!

Investor Tools

Property Icon
$97,000
Estimated Property Value
$0Estimated Mortgage Balance
$97,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$582 /month
Positive
Cash Flow Estimate:
$194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,642
$71,178
2025
$49,120
$22,058
$71,178
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,642
$71,178

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$97,000
100%
0%
$0/mo

City: Sherman

301 N Cleveland Avenue | Property Details | No Agent List