Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$233,901

NAL Estimated Property Value

505 Iowa St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,337 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.69 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,052 sqft

Building Information

Year Built1969
Garage Spaces2

Land Information

APNS059 2059031
Lot Number15
SubdivisionConstitution Village
Land UseResidential
Legal DescriptionCONSTITUTION VILLAGE, BLOCK 4, LOT 15, ACRES .2078
Census Tract001500
Assessed Land Value$54,392
Assessed Improvement Value$179,509
Assessment Year2025

About this property

Multiple offers . Well Maintained home with Vinyl Siding. The roof is only 6 yrs old. This home provides you with quick access to Highway 75, shopping, entertainment and the new Sherman High School. Very close to the new TI. Inside you will find a freshly painted interior, with 3 nice sized bedrooms and 2 full bathrooms, one has walk in shower and other has a bathtub. Electric panel was updated in 2020. Wood Fence, Front Storm Door, Upated French Doors in Kitchen area going to the patio in 2021 per owner, Ceiling Trim in Kitchen, Shower door 800.00 per owner. Ceiling Fans were all updated in 2020 just after purchase. Kitchen Faucet replaced in 2022. Outside boasts a covered patio, BBQ grill, fully fenced large backyard, owner put a wood privacy fence up in back yard on the east side. 10x30 covered back patio with bbq smoker grill, 11x10 storage, epoxy floor in garage. Utility Room in Garage and also workspace. Looking for a place to call home? Come take a look today!

Investor Tools

Property Icon
$233,901
Estimated Property Value
$245,302Estimated Mortgage Balance
$233,901Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,409 /month
Positive
Cash Flow Estimate:
$470 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,430
$233,901
2025
$54,392
$179,509
$233,901
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,430
$233,901

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
States Mortgage Co Inc
Va
$250,081
Yes
First
Apr 5, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,302
N/A
0%
105%
$1,500/mo

City: Sherman

505 Iowa St | Property Details | No Agent List