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$233,000

NAL Estimated Property Value

426 Pennell Road, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$105.23 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size24,611 sqft

Building Information

Year Built1986
Garage Spaces4

Land Information

APN230A6652025
Lot Number25
SubdivisionTom Bean North Estates
Land UseResidential
Legal DescriptionTOM BEAN NORTH ESTATES, LOT PT 25, ACRES .565, MH LABEL# TEX0408626 / TEX0408627
Census Tract001802
Assessed Land Value$50,116
Assessed Improvement Value$112,198
Assessment Year2025

About this property

Cute three bedroom two bath home on just over a half an acre. Home has new flooring throughout; luxury vinyl through the main living areas and master. Potbelly stove in the living area perfect for cool evenings with the family. Kitchen and living are open to one another perfect for entertaining. Kitchen offers lots of cabinets for storage, and center island offers a dine in option. Home features an over sized master with adjoining en-suite retreat to unwind after a long day. New septic was installed in March of 2021. Property also offers a shop for all of your storage needs. This home is a steal come take a look today!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$142,950Estimated Mortgage Balance
$90,050Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,252
$162,314
2025
$50,116
$112,198
$162,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,252
$162,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$154,800
No
First
Apr 28, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,950
$90,050
38%
61%
$929/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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426 Pennell Road | Property Details | No Agent List