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$171,161

NAL Estimated Property Value

315 W Cherry Street, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,116 Sq Ft
price_per_sqft$107.53 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesGas Range, Plumbed For Ice Maker
FlooringVinyl

Exterior

Lot Size6,438 sqft

Building Information

Year Built1930
Garage Spaces1

Land Information

APNS041 2144001
Lot Number1
SubdivisionLoving J P 1st Addn
Land UseResidential
Legal DescriptionLOVING J P 1ST ADDN, BLOCK 1, LOT 1, ACRES .1478
Census Tract002000
Assessed Land Value$56,783
Assessed Improvement Value$114,378
Assessment Year2025

About this property

Perfectly located home in the heart of Sherman TX. Only a couple minutes away from highway 75 and short distance to restaurants in downtown Sherman. This cozy home is fully renovated including new vinyl plank flooring, tiled shower, granite countertops, separate utility room. New roof, new siding, and a perfect new front covered porch. **Agents and buyers are to verify all information and measurements. No survey available.**

Investor Tools

Property Icon
$171,161
Estimated Property Value
$0Estimated Mortgage Balance
$171,161Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,027 /month
Positive
Cash Flow Estimate:
$342 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,257
$171,161
2025
$56,783
$114,378
$171,161
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,257
$171,161

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$171,161
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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315 W Cherry Street | Property Details | No Agent List