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$376,000

NAL Estimated Property Value

3482 Luella Rd, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,504 Sq Ft
price_per_sqft$207.45 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Range

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size37,470 sqft

Building Information

Year Built1978
Roof Type109
Garage Spaces2

Land Information

APN187A662102801
SubdivisionLuella Heights
Land UseResidential
Legal DescriptionLUELLA HEIGHTS, BLOCK 2, LOT W 1/2 14
Census Tract001801
Assessed Land Value$82,922
Assessed Improvement Value$221,057
Assessment Year2025

About this property

Mature trees welcome you to this 3 bed, 2 bath country home that sits on .8602 of an acre lot! Home offers a fireplace, plenty of cabinets in kitchen, a a formal dining room, a roomy primary retreat with two closets, a sun room, and more! There is an in-ground pool just out the back door, but it does not function and needs to be filled in with dirt. There is also 30X30 workshop with electric that is perfect for all those outdoor hobbies, storage, or parking. Plenty of additional parking space with the extended driveway. Easy access to Hwy 11 and FM 1417. Come take a look today and make this home yours with some of the updates that are needed!

Investor Tools

Property Icon
$376,000
Estimated Property Value
$183,562Estimated Mortgage Balance
$192,438Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,017
$303,979
2025
$82,922
$221,057
$303,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,017
$303,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Webster First Fcu
Conventional
$150,000
No
First
Aug 25, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,562
$192,438
51%
49%
$1,176/mo

City: Sherman

3482 Luella Rd | Property Details | No Agent List