$179,000
NAL Estimated Property Value38 Adams Rd, Sherman, TX, 75090
$218,628 ARV
Off Market
Property Lead Type:
Off-Market ListDeal ListARV FlipAbsentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesOther
Exterior
Lot Size1.70 acres
Building Information
Year Built1950
Land Information
APN150 0063013
SubdivisionBlagg James A-G0063
Land UseResidential
Legal DescriptionG-0063 BLAGG JAMES A-G0063, ACRES 1.7
Census Tract000101
Assessed Land Value$88,434
Assessed Improvement Value$23,025
Assessment Year2025
About this property
Multiple offers received. Highest and best due Friday Aug 2nd at 4pm. Back on the market and PRICE REDUCTION! This is amazing opportunity in Sherman for an investor or anyone looking for some land and space to make their own. 1.78 Acres with lots of potential. Home needs lots of work, FULL remodel needed but has so much potential with what you can do. Large metal building on the lot is included along with 3 smaller storage buildings. Bring your ideas and creativity. This won't last long, call your realtor and come check it out.
Investor Tools
$179,000
Estimated Property Value
$0Estimated Mortgage Balance
$179,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$218,627
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$233
$111,459
2025
$88,434
$23,025
$111,459
No
Tax History
Year
Tax Paid
Assessed Value
2023
$233
$111,459
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$179,000
100%
0%
$0/mo
