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$441,000

NAL Estimated Property Value

3564 Luella Road, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.68 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.18 acres

Building Information

Year Built1979
Garage Spaces2

Land Information

APN187A6621036
Lot Number8
SubdivisionLuella Heights
Land UseResidential
Legal DescriptionLUELLA HEIGHTS, BLOCK 3, LOT 8, ACRES 1.1836
Census Tract001801
Assessed Land Value$104,836
Assessed Improvement Value$325,060
Assessment Year2025

About this property

This MOVE IN READY super clean home has 1.18 acres with a 500 Sq Ft shop. Located in sought after Luella neighborhood. Luella is known for their excellent drinking water and beautiful rolling terrain. This darling home has 3 bedrooms, 2 baths, extra large living room with wbfp and vaulted ceiling with wood beams. 2nd living area is a large sunroom with window unit. The kitchen was remodeled and updated in 2015. Granite counters, travertine backsplash and stainless appliances. The large laundry room has a sink and lots of storage. The 2 car garage has a tandem space for parking your riding mower and storage needs. You will love this lovely home and the gorgeous surroundings. Open House Saturday 11th 2-4

Investor Tools

Property Icon
$441,000
Estimated Property Value
$232,993Estimated Mortgage Balance
$208,007Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,550
$429,896
2025
$104,836
$325,060
$429,896
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,550
$429,896

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Direct Mortgage Llc
Conventional
$257,600
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,993
$208,007
47%
53%
$1,545/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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3564 Luella Road | Property Details | No Agent List