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$115,000

NAL Estimated Property Value

401 N Carr Avenue, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.2 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Electric Water Heater
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size5,998 sqft

Building Information

Year Built1935
Roof Type109

Land Information

APNS032 2010098
Lot Number14
SubdivisionBelmont Addn
Land UseResidential
Legal DescriptionBELMONT ADDN, LOT 14, ACRES .1377
Census Tract001400
Assessed Land Value$37,200
Assessed Improvement Value$40,611
Assessment Year2025

About this property

Cute bungalow in the booming town of Sherman, Texas! Located just blocks from Austin College and minutes to Downtown Sherman, this home is perfect for first time homebuyers, students or downsizers. It is situated on a corner lot with beautiful shade trees. This cozy, vintage home, offers two spacious bedrooms, a full bath and open living and kitchen. The laminate wood and tile floors are low maintenance. Bright kitchen is ideal for preparing family meals. The spacious fenced backyard is perfect for summer BBQ entertaining, play area and gardening. The efficient gas jet heating and newer windows will keep you comfy in the winter months ahead. Recent roof repairs completed. This home is ready for new owners to spruce it up and make it their own!

Investor Tools

Property Icon
$115,000
Estimated Property Value
$104,310Estimated Mortgage Balance
$10,690Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,731
$77,811
2025
$37,200
$40,611
$77,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,731
$77,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$111,150
No
First
Jan 13, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,310
$10,690
9%
91%
$667/mo

City: Sherman

401 N Carr Avenue | Property Details | No Agent List