$223,000
NAL Estimated Property Value313 Sherry Lane, Farmersville, TX, 75442
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Plumbed For Ice Maker
FlooringCarpet
Building Information
Year Built1975
Stories1
Garage Spaces2
Land Information
APNR-1060-004-0010-1
Lot Number1
SubdivisionJackson Subdivision (Cfc)
Land UseResidential
Legal DescriptionJACKSON SUBDIVISION (CFC), BLK D, LOT 1
Census Tract031101
Assessed Land Value$92,500
Assessed Improvement Value$122,502
Assessment Year2025
About this property
Home Full of Character! Three Bedrooms and Two Bathrooms! Large Living Spaces. Spacious Closets. Open Kitchen with electric cooktop and double ovens. Home needs new flooring and paint but has great potential. Roof Replaced in 2015. Water Heater Replaced in 2017. Heater Replaced around the same time. Fence less than 10 yrs old. Two Car Garage with workspace. Great Outdoor Patio with gas stub for grill. Large Yard.
Investor Tools
$223,000
Estimated Property Value
$187,328Estimated Mortgage Balance
$35,672Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,063
$215,002
2025
$92,500
$122,502
$215,002
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,063
$215,002
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jr&R Investments Ltd
Purchase Money Mortgage
$210,000
No
First
Oct 16, 2020
Oct 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,328
$35,672
15%
84%
$1,260/mo
