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$230,000

NAL Estimated Property Value

3397 W Lamberth Road, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,635 Sq Ft
price_per_sqft$182.87 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesLighting, Rain Barrel/Cistern(s), Storage
Lot Size1.02 acres

Building Information

Garage Spaces2

Land Information

APN137A6612001 01
Lot Number1
SubdivisionLamberth Road Estates
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionLAMBERTH ROAD ESTATES, LOT 1, ACRES 1.023, UNDIVIDED INTEREST 50.0000000000%
Census Tract001101
Assessed Land Value$65,506
Assessed Improvement Value$111,379
Assessment Year2025

About this property

Wonderful updated ranch style home in sought-after Sherman, Texas. Open floor plan with ample natural light, charming fireplace, built-ins, open kitchen with granite, stainless appliances and apron sink. The master bathroom has a gorgeous walk-in shower and bowl sinks. Large 1 acre lot surrounded by other homes with acreage creating ultimate space and privacy. Carport and 2 car garage offer 4 covered space, or covered parking for an RV or boat. Shop has electricity. So many options on this charming lot. Sherman is a lovely historic town with tons to do and see and an easy drive into Dallas and surrounding areas.

Investor Tools

Property Icon
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,688
$176,885
2025
$65,506
$111,379
$176,885
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,688
$176,885

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,000
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.

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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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3397 W Lamberth Road | Property Details | No Agent List