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$188,000

NAL Estimated Property Value

518 W Belden St, Sherman, TX, 75092

$214,072 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.76 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range

Exterior

Lot Size8,102 sqft

Building Information

Year Built1940
Roof Type109

Land Information

APNS029 2218002
Lot Number2
SubdivisionSherman Nick Addn
Land UseResidential
Legal DescriptionSHERMAN NICK ADDN, BLOCK 1, LOT 2, ACRES .186
Census Tract001200
Assessed Land Value$66,420
Assessed Improvement Value$90,256
Assessment Year2025

About this property

This beautiful property has been completely renovated. From the kitchen, bathroom, floors and everything in between, nothing has been spared. The large backyard gives plenty of space to do what ever you would like. This property is also located in one of the most desirable neighborhoods in Sherman and Fairview Elementary attendance zone. Centrally located it has easy access to Town Center, downtown and the highways. If you're looking to get into something before summer is over, this is the perfect place for you.

Investor Tools

Property Icon
$188,000
Estimated Property Value
$25,853Estimated Mortgage Balance
$162,147Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$214,072
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,592
$156,676
2025
$66,420
$90,256
$156,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,592
$156,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Open End Mortgage / Open End With Future Advance Clause
$33,000
No
First
Jul 23, 2013
Apr 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,853
$162,147
86%
14%
$209/mo

City: Sherman

518 W Belden St | Property Details | No Agent List