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$220,229

NAL Estimated Property Value

413 Tolbert Avenue, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.41 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Water Heater, Vented Exhaust Fan
FlooringLaminate

Exterior

Lot Size8,211 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APNS035 2269004
Lot Number4
SubdivisionWestwood 4th Addn
Land UseResidential
Legal DescriptionWESTWOOD 4TH ADDN, BLOCK 1, LOT 4, IRREG 28.33X78.28X50X85X104.9, ACRES .1885 IRREG 28.33X78.28X50X85X104.9
Census Tract001300
Assessed Land Value$59,047
Assessed Improvement Value$161,182
Assessment Year2025

About this property

This charming 3 bedroom 2 bath brick home with 2 car garage is located in a quiet West Sherman neighborhood. The location is ideal, with easy access to schools, shopping, and medical facilities. The home sits on a large corner lot with a fenced backyard. Updates include: paint, HVAC, Hot water heater, laminate wood flooring, window coverings, vanities in both bathrooms, disposal and oven.

Investor Tools

Property Icon
$220,229
Estimated Property Value
$144,584Estimated Mortgage Balance
$75,645Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,321 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,634
$220,229
2025
$59,047
$161,182
$220,229
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,634
$220,229

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$156,000
No
First
Jun 3, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,584
$75,645
34%
66%
$936/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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413 Tolbert Avenue | Property Details | No Agent List