Last 24 Hours
$280,000
NAL Estimated Property Value409 Wanda Drive, Sherman, TX, 75090
Off Market
— Beds
— Bath
1,232 Sq Ft
Unimproved LandHighlights
Interior
Bedrooms —
Bathrooms —
Garage AvailableExterior
Lot Size2.18 acres
Building Information
Year Built1900
Garage Spaces4
Land Information
APNS043 0963127
SubdivisionPilant G B A-G0963
Land UseResidential
Legal DescriptionG-0963 PILANT G B A-G0963, ACRES 2.18
Census Tract001500
Assessed Land Value$228,856
Assessed Improvement Value$17,514
Assessment Year2025
About this property
2.18 acres in city of Sherman. Could be platted into 10 lots with a street extension of Deborah Street. Lots of possibilities for development . Currently has city services. Old home has been removed. A metal 30x 40 shop with concrete floor and insulation is part of the property. A water meter and electric meter are located on property. Very close to schools and local businesses. There is a locked gate to enter property. All personal property will be removed before closing. Come take a look at this unique property in the city limits.
Investor Tools
$280,000
Estimated Property Value
$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,506
$191,837
2025
$228,856
$17,514
$246,370
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,506
$191,837
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$280,000
100%
0%
$0/mo
12.4%