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$188,000

NAL Estimated Property Value

328 W Burton St, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,021 Sq Ft
price_per_sqft$186.09 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesSome Gas Appliances, Plumbed For Gas
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size11,430 sqft

Building Information

Year Built1955
Garage Spaces1

Land Information

APNS017 2210097
Lot Number1
SubdivisionShannon Heights Addn(Replt)
Land UseResidential
Legal DescriptionSHANNON HEIGHTS ADDN(REPLT), BLOCK 12, LOT 1, ACRES .2624
Census Tract001200
Assessed Land Value$72,120
Assessed Improvement Value$87,385
Assessment Year2025

About this property

CHARMING TRADITIONAL HOME IN SHERMAN 3 Beds – 1 Bath – 1,021 Sq Ft – Just $190,000! Located in the established Shannon Heights neighborhood, this cozy 1955-built home offers a well-maintained layout with classic features and plenty of potential. The living area is bright and spacious, providing an inviting space for family and guests. The updated kitchen is plumbed for gas and offers ample counter space, perfect for cooking and entertaining. The home boasts a large backyard with room for outdoor activities and a patio for relaxing or BBQing. With easy access to schools, shopping, and dining, this property offers great value in a desirable location. The home is in Sherman ISD and has been carefully maintained with no HOA fees.

Investor Tools

Property Icon
$188,000
Estimated Property Value
$96,066Estimated Mortgage Balance
$91,934Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,991
$159,505
2025
$72,120
$87,385
$159,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,991
$159,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bpl Mortgage Llc
Unknown
$105,000
No
First
Jan 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,066
$91,934
48%
51%
$630/mo

City: Sherman

328 W Burton St | Property Details | No Agent List