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

$178,483

NAL Estimated Property Value

505 S Charles Street, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,203 Sq Ft
price_per_sqft$149.21 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesGas Range, Microwave
FlooringLaminate, Wood

Exterior

Lot Size8,782 sqft

Building Information

Year Built1925
Garage Spaces2

Land Information

APNS042 0963187
SubdivisionPilant G B A-G0963
Land UseResidential
Legal DescriptionG-0963 PILANT G B A-G0963, ACRES .2016, S 60' OF A CALLED 120' X 144.5' S 60' OF A CALLED 120' X 144.5'
Census Tract001500
Assessed Land Value$53,121
Assessed Improvement Value$125,362
Assessment Year2025

About this property

Welcome to your new home! This charming 2BR 1BA brick home is move-in ready. We started the work for you with fresh paint, new flooring in kitchen & bathroom and beautifully sanded and stained hardwood floors. Bonus room with separate entrance to the house can be used as a Home Office or 3rd bedroom. House includes grounded electrical wiring, central HVAC, formal dining room, fireplace and 2 car detached garage. Being sold AS-IS…make it your own! Just minutes from Highway 75, restaurants, and retail shopping.

Investor Tools

Property Icon
$178,483
Estimated Property Value
$159,469Estimated Mortgage Balance
$19,014Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,077 /month
Positive
Cash Flow Estimate:
$359 /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
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,590
$178,483
2025
$53,121
$125,362
$178,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,590
$178,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$170,525
No
First
Nov 23, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,469
$19,014
10%
89%
$1,023/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

505 S Charles Street | Property Details | No Agent List