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$45

NAL Estimated Property Value

3569 Luella Road, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.38 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size1.21 acres

Building Information

Garage Spaces1

Land Information

APN187 006403601
SubdivisionBailey Winifred A-G0064
Land UseAgriculture / Farming
Legal DescriptionG-0064 BAILEY WINIFRED A-G0064, ACRES 1.21
Census Tract001801
Assessed Land Value$45
Assessment Year2025

About this property

Price improvement!! Gorgeous one owner home 3 bed, two bath, one car garage brick home. This home has been well taken care of, ready for a new family to love, Features include large rooms overall, 2 X 6 exterior studs, beautiful view of creek with trees and character, 24' X 20' shop needs TLC, Foundation has recently been repaired with a transferable warranty. New roof completed November 2018. Large master suite with walk in closets, separate vanities. Smart floor plan. All this within minutes of Hwy. 75. Small town schools, country feel make this home very attractive,

Investor Tools

Property Icon
$45
Estimated Property Value
$147,811Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,109 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$0/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1
$45
2025
$45
N/A
$39,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1
$45

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$171,000
No
First
Jul 6, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,811
N/A
0%
328469%
$1,026/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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3569 Luella Road | Property Details | No Agent List