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$203,000

NAL Estimated Property Value

601 S Montgomery St, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,323 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.83 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Gas Oven
FlooringCeramic Tile, Wood

Exterior

Lot Size7,501 sqft

Building Information

Year Built1997
Roof Type109
Garage Spaces1

Land Information

APNS041 2454001
Lot Number1,75
SubdivisionDorothy Houser Addn
Land UseResidential
Legal DescriptionDOROTHY HOUSER ADDN, BLOCK 1, LOT 1, 75 X 100, ACRES .1722 75 X 100
Census Tract002000
Assessed Land Value$60,975
Assessed Improvement Value$119,867
Assessment Year2025

About this property

This is a great starter home that is priced to sell. This 2 bed 2 bath home features walk in closets in both bedrooms and a primary ensuite. There are lots of upgrades including quartz countertops, a recently replaced dishwasher, as well as the water heater. With close proximity to downtown you are close to all of the festivities and conveniences of it. The roof is also being replaced the week of May 12.

Investor Tools

Property Icon
$203,000
Estimated Property Value
$157,879Estimated Mortgage Balance
$45,121Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,630
$180,842
2025
$60,975
$119,867
$180,842
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,630
$180,842

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Conventional
$166,500
No
First
Jul 7, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,879
$45,121
22%
78%
$999/mo

City: Sherman

601 S Montgomery St | Property Details | No Agent List