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$194,000

NAL Estimated Property Value

302 Arkansas Street, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,184 Sq Ft
price_per_sqft$120.78 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,200 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APNS059 2060051
Lot Number23
SubdivisionConstitution Village Sec 2
Land UseResidential
Legal DescriptionCONSTITUTION VILLAGE SEC 2, BLOCK 4, LOT 23, ACRES 0.1653
Census Tract001500
Assessed Land Value$44,646
Assessed Improvement Value$130,260
Assessment Year2025

About this property

Living in Constitution Village Sherman Texas gives you the opportunity to live minutes to Wilson N Jones Regional Medical Center and Texoma Medical Center, shopping, restaurants, and now Schulman's Movie Bowl Grille. Step inside to 302 Arkansas Street with many updates throughout the home including wood laminate floors and tile stretching through the entire house for easy care living. The kitchen features a breakfast bar plus room for a breakfast table and has been updated with countertops, backsplash, and appliances which will convey to the new homeowner. The large living area is open to the kitchen making it perfect for entertaining. Enjoy outside living with a covered patio and a large fenced back yard.

Investor Tools

Property Icon
$194,000
Estimated Property Value
$114,578Estimated Mortgage Balance
$79,422Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,029
$174,906
2025
$44,646
$130,260
$174,906
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,029
$174,906

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Fha
$132,554
Yes
First
Jul 10, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,578
$79,422
40%
59%
$795/mo

City: Sherman