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$238,387

NAL Estimated Property Value

517 S Montgomery Street, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,242 Sq Ft
price_per_sqft$157.73 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,928 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APNS041 2697001
Lot Number1
SubdivisionMeraz Addition
Land UseResidential
Legal DescriptionMERAZ ADDITION, LOT 1, ACRES .182
Census Tract002000
Assessed Land Value$55,045
Assessed Improvement Value$183,342
Assessment Year2025

About this property

Awesome brand new build, great curb appeal. This can be an investment property or your forever home. Ceramic flooring in shared living area and carpet in bedrooms. Granite and knotty alder cabinets in kitchen and restrooms. Spacious backyard. One car garage, please take time to have your agent show property. Walking distance to downtown Kelly Square and our historical courthouse, opportunity to shop to support our small business.

Investor Tools

Property Icon
$238,387
Estimated Property Value
$173,047Estimated Mortgage Balance
$65,340Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,430 /month
Positive
Cash Flow Estimate:
$477 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,126
$238,387
2025
$55,045
$183,342
$238,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,126
$238,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$192,449
Yes
First
Feb 4, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,047
$65,340
27%
73%
$1,154/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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517 S Montgomery Street | Property Details | No Agent List