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$300,000

NAL Estimated Property Value

500 E Sherman St, Chico, TX, 76431

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,966 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.37 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size17,424 sqft

Building Information

Year Built1984
Stories1
Roof Type158

Land Information

APNS0799.0008.01
Lot Number3
SubdivisionFinnell Addition
Land UseResidential
Legal DescriptionLOT PT3 BLK 2 FINNELL ADDITION
Census Tract150404
Assessed Land Value$34,848
Assessed Improvement Value$223,758
Assessment Year2025

About this property

This four bed, two bath brick beauty in Chico combines timeless character with modern updates-ideal for anyone seeking a peaceful lifestyle without sacrificing comfort. Renovated in 2024, the home includes two additional rooms and a bathroom from its original floor plan. A sleek black wood burning fireplace anchors the oversized living room-truly the heart and design statement of the home. The kitchen is the epitome of an elegant cooking space with bright white cabinetry, white quartz countertops and stainless steel appliances. Adjacent to the kitchen, is the dining room, a perfect space for gathering with loved ones or entertaining family and friends. Flooring installed in 2024 throughout the home ties together each space beautifully. Outside, a covered concrete porch overlooks a large yard with endless potential-a playspace for kids, sanctuary for pets or where the neighbors will gather to taste your famous BBQ. In addition to the interior upgrades, a 30 year asphalt composition roof was installed in 2024 to provide long lasting protection from the elements. Situated on a lot just under half an acre and within walking distance to Dollar General, this home blends convenience with the relaxed pace of small town living. Some homes aren't just lived in-they are passed down in stories, in moments, and in memories. This home has the heart to become a part of your family's legacy. Come see if it is the start of something you never knew you were dreaming of.

Investor Tools

Property Icon
$300,000
Estimated Property Value
$265,102Estimated Mortgage Balance
$34,898Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,891
$258,606
2025
$34,848
$223,758
$258,606
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,891
$258,606

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$269,036
Yes
First
Jul 1, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,102
$34,898
11%
88%
$1,614/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: Chico

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500 E Sherman St | Property Details | No Agent List