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$320,578

NAL Estimated Property Value

405 Tate Circle, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,627 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.47 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesOther

Exterior

Lot Size1.05 acres

Building Information

Year Built1969
Roof Type109
Garage Spaces2

Land Information

APN224 1217056
SubdivisionTucker H H A-G1217
Land UseResidential
Legal DescriptionG-1217 TUCKER H H A-G1217, ACRES 1.05
Census Tract001801
Assessed Land Value$93,923
Assessed Improvement Value$226,655
Assessment Year2025

About this property

Tucked away on a sprawling 1.05-acre lot in Sherman, this beautifully updated ranch-style home offers the perfect blend of charm, space, and income producing potential. With mature trees, a fully fenced backyard, and land that extends well beyond the fence line, there's room to breathe, play, and grow. Inside, you'll find a thoughtfully renovated interior featuring luxury vinyl plank flooring throughout the main living areas, fresh neutral paint, and an abundance of natural light. The living room anchors the home with a statement painted brick fireplace, ceiling fan, and a sliding glass door that opens directly to the backyard deck ideal for seamless indoor & outdoor living. The galley style kitchen has been fully updated with white shaker cabinetry, granite countertops, subway tile backsplash, stainless steel appliances, and a sleek black faucet. A separate dining room offers generous space for entertaining, while a bonus breakfast nook or flex area connects to a dedicated laundry room. The home features multiple well sized bedrooms, each with ceiling fans and comfortable carpet. The primary bathroom impresses with a granite double vanity, white shaker cabinetry, modern lighting, and a private water closet. A second full bath has also been tastefully updated. Step outside to a large wood deck perfect for grilling and relaxing, a sprawling fenced yard lined with mature trees for privacy, and additional land beyond the fence that opens up endless possibilities, room for a shop, barn, additional parking, or future expansion. Formerly a high performing Airbnb, verifiable income numbers available upon request. Whether you're looking for a primary residence with room to roam or a turnkey short term rental investment, this property delivers on both fronts. STR Income History Available

Investor Tools

Property Icon
$320,578
Estimated Property Value
$0Estimated Mortgage Balance
$320,578Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,923 /month
Positive
Cash Flow Estimate:
$641 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,518
$320,578
2025
$93,923
$226,655
$320,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,518
$320,578

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$320,578
100%
0%
$0/mo

City: Sherman

405 Tate Circle | Property Details | No Agent List