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$351,844

NAL Estimated Property Value

425 Tolbert Avenue, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,106 Sq Ft
price_per_sqft$109.16 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesWater Purifier, Built-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Water Softener, Gas Water Heater
FlooringSlate, Wood

Exterior

Lot Size8,843 sqft

Building Information

Year Built1961
Garage Spaces2

Land Information

APNS035 2269001
Lot Number1
SubdivisionWestwood 4th Addn
Land UseResidential
Legal DescriptionWESTWOOD 4TH ADDN, BLOCK 1, LOT 1, ACRES .203
Census Tract001300
Assessed Land Value$63,319
Assessed Improvement Value$318,645
Assessment Year2025

About this property

Looking for something new? Walk right in. This home has been totally remodeled from top to bottom with only the best. Two bedroom, 2 bath. 3rd bedroom an option that has been turned into your custom dream closet. The kitchen has lots of cabinets, granite counters with a bar. High end appliances and so much more. Family room has a gas fireplace. Entire home has new window coverings. You could be the owner of this carefree home because you can just relax and enjoy it. All the work has been done - it's over the top!

Investor Tools

Property Icon
$351,844
Estimated Property Value
$193,925Estimated Mortgage Balance
$157,919Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,111 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,547
$351,844
2025
$63,319
$318,645
$381,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,547
$351,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$216,959
Yes
First
Nov 2, 2020
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,925
$157,919
44%
55%
$1,301/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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425 Tolbert Avenue | Property Details | No Agent List