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$170,167

NAL Estimated Property Value

423 E Sherman St, TX, 75090

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths960 Sq Ft
price_per_sqft$169.79 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesOther

Exterior

Lot Size14,201 sqft

Building Information

Year Built1988

Land Information

APNS056 2221152
Lot Number5,6
SubdivisionSouthside Addn
Land UseResidential
Legal DescriptionSOUTHSIDE ADDN, BLOCK 50, LOT 5 & 6, ACRES .326
Census Tract001500
Assessed Land Value$89,034
Assessed Improvement Value$81,133
Assessment Year2025

About this property

Discover this delightful 2-bedroom, 1-bath home, perfectly situated on a desirable corner lot! Boasting a fresh and inviting ambiance, this property offers comfortable living both inside and out. Step inside to find an open and airy layout featuring stylish wood-look flooring and crisp, neutral paint throughout. The updated kitchen is a highlight, equipped with attractive wood cabinetry, granite-style countertops, and modern stainless steel appliances, including a built-in microwave and range. The spacious living areas are brightened by ample natural light and are comfortably appointed with ceiling fans for year-round comfort. Both bedrooms are generously sized and offer a peaceful retreat. The updated bathroom features a clean vanity, modern fixtures, and a shower-tub combo with tile surround. Additional conveniences include a dedicated laundry area with overhead cabinetry. Outside, the home presents a welcoming curb appeal with its appealing blue siding and a charming front porch, perfect for enjoying your morning coffee. The large corner lot provides plenty of green space and potential for outdoor activities. This charming home is ready for its new owners! Don't miss the opportunity to make it yours. Check documents for SDN, Legal Description, and Survey. This property does not include the adjacent vacant lot.

Investor Tools

Property Icon
$170,167
Estimated Property Value
$154,403Estimated Mortgage Balance
$15,764Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,021 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,394
$170,167
2025
$89,034
$81,133
$170,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,394
$170,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$155,530
Yes
First
Dec 29, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,403
$15,764
9%
91%
$933/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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423 E Sherman St | Property Details | No Agent List