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$146,000

NAL Estimated Property Value

424 W Tennessee St, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 1917

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Tankless Water Heater
FlooringTile, Vinyl

Exterior

Lot Size6,251 sqft

Building Information

Year Built1917
Roof Type109

Land Information

APNS041 2086011
SubdivisionFairground Addn
Land UseResidential
Legal DescriptionFAIRGROUND ADDN, BLOCK B, LOT W 50' 9, ACRES .1435
Census Tract001700
Assessed Land Value$56,000
Assessed Improvement Value$62,371
Assessment Year2025

About this property

Very Nice 2 BDR 1.5 BTH Property on Corner Lot near Downtown Sherman! Recently Remodeled Kitchen complete with Newer Stainless Appliances including Dishwasher, Stove, Microwave and Fridge as well as Granite Counter Tops! Updated Kitchen Faucet! Designer Stove is ever Cook's Dream! Spacious Home with lots of Updates! Fresh Paint Throughout! Beautiful Brand New Front Door! All Interior Doors Brand New as well including New Hardware! This Home has Solar Panels which will Save Lots of Money on Energy Costs! Tankless Hot Water Heater! Full Size Laundry Area for Washer and Dryer! Nice Front Covered Porch Great for Enjoying Summer Evenings! This One is a Must See! Call for Appointment.

Investor Tools

Property Icon
$146,000
Estimated Property Value
$47,323Estimated Mortgage Balance
$98,677Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$876 /month
Positive
Cash Flow Estimate:
$292 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,530
$118,371
2025
$56,000
$62,371
$118,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,530
$118,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$58,500
No
First
Mar 13, 2017
Apr 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,323
$98,677
67%
32%
$351/mo

City: Sherman

424 W Tennessee St | Property Details | No Agent List