$144,975
5810 Avenue E, Sheridan, TX, 77475
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Range
FlooringWood
Exterior
Exterior FeaturesSee Remarks
Lot Size15,002 sqft
Building Information
Year Built1930
Land Information
APN1338002400300
Lot Number3-6
Land UseResidential
Legal DescriptionBLK 24 LT 3-6 SHERIDAN & HOUSE
Census Tract750200
Assessed Land Value$30,000
Assessed Improvement Value$47,690
Assessment Year2025
About this property
Situated just minutes from Splashway Water Park, this property offers endless possibilities for investors or families who are looking for enjoyment at the area’s most popular family attraction! This 3 bedroom/1 bathroom fixer-upper home sits on a spacious lot, consisting of 4 lots with beautiful post oak trees scattered throughout. It is conveniently located only a few blocks from the water park. Whether looking to renovate and re-sell, or settle down with a place for the family to build some memories, this property has great potential.
Investor Tools
$0Estimated Mortgage Balance
$217,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,228
$77,690
2025
$30,000
$47,690
$77,690
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,228
$77,690
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,000
100%
0%
$0/mo
