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$129,000

NAL Estimated Property Value

308 N Colbert Avenue, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths688 Sq Ft
price_per_sqft$87.06 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesBuilt-In Gas Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,501 sqft

Land Information

APNS032 2051008 02
Lot Number8
SubdivisionChristian College Addn
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionCHRISTIAN COLLEGE ADDN, BLOCK 5, LOT 8, ACRES 0.1722, UNDIVIDED INTEREST 50.0000000000%
Census Tract001400
Assessed Land Value$22,500
Assessed Improvement Value$18,370
Assessment Year2024

About this property

REDUCED for Quick sale!! Investors special cute home with a large yard!! Close to Sherman High School and Austin College. Would make a great investment! Home has been in the family for 60 years. Lots of potential, large fenced backyard with mature trees, storage shed! Established neighborhood, great for a rental property or investment. Convenient location as well.

Investor Tools

Property Icon
$129,000
Estimated Property Value
$0Estimated Mortgage Balance
$129,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,417
$40,870
2024
$22,500
$18,370
$40,870
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,417
$40,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$129,000
100%
0%
$0/mo

City: Sherman

308 N Colbert Avenue | Property Details | No Agent List