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NoAgentList RatingHow are grades calculated?Info

$195,000

NAL Estimated Property Value

406 N Harrison Avenue, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,236 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.67 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size7,902 sqft

Building Information

Year Built1950
Roof Type109
Garage Spaces1

Land Information

APNS032 2055125
Lot Number12
SubdivisionCollege Park Addn
Land UseResidential
Legal DescriptionCOLLEGE PARK ADDN, BLOCK 24, LOT 12, ACRES 0.1814
Census Tract001400
Assessed Land Value$48,585
Assessed Improvement Value$132,353
Assessment Year2025

About this property

Beautifully renovated, from top to bottom, 1 story home in Sherman. Great location near highways, walking distance to Austin College. This home has tons of character and charm, perfect starter home, your buyer will love all the new updates, she is a great find in this location. 3 bed, 2 full-size baths, Huge sized backyard featuring high privacy wood fence with plenty of room to play. Attached one car garage. This beautiful home features new granite, new laminate flooring throughout (no carpet) and ceramic tile in wet areas. Updated ceiling fans, all new light fixtures and plumbing fixtures. Walk-in shower in master. New Central HVAC. New roof. New windows. Foundation repaired. Dont miss out she will go fast!

Investor Tools

Property Icon
$195,000
Estimated Property Value
$177,601Estimated Mortgage Balance
$17,399Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,910
$180,938
2025
$48,585
$132,353
$180,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,910
$180,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$185,576
Yes
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,601
$17,399
8%
91%
$1,169/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.

Explore Texas Explore This Area
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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406 N Harrison Avenue | Property Details | No Agent List