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$225,278

NAL Estimated Property Value

3205 N Marseille Ln, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,429 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.45 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Gas Cooktop, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Tile

Exterior

Exterior FeaturesAwning(s), Storage
Lot Size11,273 sqft

Building Information

Year Built1983
Roof Type109
Garage Spaces2

Land Information

APNS007 2339011
Lot Number5
SubdivisionSherden Terrace
Land UseResidential
Legal DescriptionSHERDEN TERRACE, BLOCK 2, LOT 5, ACRES .2588
Census Tract000903
Assessed Land Value$64,832
Assessed Improvement Value$160,446
Assessment Year2025

About this property

Beautifully appointed 3br 2 bath home in well-established neighborhood in the heart of Sherman located close to everything you need from restaurants, shopping, entertainment to medical offices. Entering the home, you'll find an inviting foyer and living room with a brick fireplace. The living area flows into the kitchen which boasts a bar and the perfect place for your dining table. The master bedroom has an ensuite with a walk-in closet. The split-bedroom layout offers privacy that make the perfect retreat for children, guests or even an office. The 2-car garage is located at the back side of the home. The landscaping boasts mature trees and provides a beautiful backdrop for the perfect space for enjoying your morning coffee or hosting family gatherings. This is a perfect starter home for a new family or for someone who is looking to downsize. All that is missing is your personal touch and a little TLC to make it your own. This one is worth taking a tour, schedule a showing today.

Investor Tools

Property Icon
$225,278
Estimated Property Value
$0Estimated Mortgage Balance
$225,278Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,352 /month
Positive
Cash Flow Estimate:
$451 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,733
$225,278
2025
$64,832
$160,446
$225,278
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,733
$225,278

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,278
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

Explore Texas Explore This Area
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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3205 N Marseille Ln | Property Details | No Agent List