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$198,000

NAL Estimated Property Value

509 W Pelton St, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.03 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,612 sqft

Building Information

Year Built1962
Garage Spaces3

Land Information

APNS017 2176013
Lot Number13
SubdivisionNorthwood Addn
Land UseResidential
Legal DescriptionNORTHWOOD ADDN, BLOCK 1, LOT 13, ACRES .1518
Census Tract001200
Assessed Land Value$60,434
Assessed Improvement Value$106,284
Assessment Year2025

About this property

Great property just blocks from Fairview Park in West Sherman. Garage is converted to 4th bedroom, bonus room, or in-law suite. Large carport in rear for covered parking, workshop in back with electric and storage. Kitchen is open to dining and family room. Nice front room for the whole family.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$0Estimated Mortgage Balance
$198,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,022
$166,718
2025
$60,434
$106,284
$166,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,022
$166,718

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,000
100%
0%
$0/mo

City: Sherman

509 W Pelton St | Property Details | No Agent List