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$172,000

NAL Estimated Property Value

401 W Moore St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,168 Sq Ft
price_per_sqft$168.66 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Gas Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size6,011 sqft

Building Information

Year Built1978

Land Information

APNS048 2086021
Lot Number2
SubdivisionFairground Addn
Land UseResidential
Legal DescriptionFAIRGROUND ADDN, BLOCK B, LOT PT 2 ADN 4, ACRES .138
Census Tract001700
Assessed Land Value$54,943
Assessed Improvement Value$107,032
Assessment Year2025

About this property

Beautiful updated home in Sherman, Tx. This home has a great layout with all new vinyl plank flooring though out it. It has two nice living areas in this home. You could easily make one into a game room, office or a extra room if you needed. The kitchen has nice white cabinets and a stainless steel dishwasher. As well as a stove and microwave. Big sliding glass door to enter the backyard. Back yard is fenced with a small shop. This property is minutes from downtown Sherman and has Quick access to highway 75. Buyer and buyers agent confirm all information.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$168,349Estimated Mortgage Balance
$3,651Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,130
$161,975
2025
$54,943
$107,032
$161,975
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,130
$161,975

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$176,943
Yes
First
Sep 7, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,349
$3,651
2%
98%
$1,061/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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401 W Moore St | Property Details | No Agent List