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$891,705

NAL Estimated Property Value

626 Hayes Road, Sherman, TX, 75090

Off MarketInfo
Baths0 Bath
Baths352 Sq Ft
Year BuiltBuilt in 1990

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size17.79 acres

Building Information

Year Built1990
Garage Spaces2

Land Information

APN192 050900101
SubdivisionHenderson L D A-G0509
Land UseResidential
Legal DescriptionG-0509 HENDERSON L D A-G0509, ACRES 17.794
Census Tract000102
Assessed Land Value$355,880
Assessed Improvement Value$535,825
Assessment Year2025

About this property

Back on the market! Buyer's financing fell through due to higher interest rates. Price Reduced! Beautiful Property surrounded by trees for privacy. A creek borders 2 sides. Large, cleared area perfect for your custom home, RV or mobile home with views of the wildflowers, redbud trees, birds and animals. Peaceful and serine environment. It would also make a great deer camp, residential development, or RV Park. Use your imagination for all the possibilities. The owner will remove all personal items and stuff from the property. Call for an appointment today. The cabin and tiny home are occupied. The tiny home will be removed before closing. DO NOT GO ON THE PROPERTY WITHOUT THE LISTING AGENT.

Investor Tools

Property Icon
$891,705
Estimated Property Value
$242,279Estimated Mortgage Balance
$649,426Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,350 /month
Positive
Cash Flow Estimate:
$1,783 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$915/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,520
$891,705
2025
$355,880
$535,825
$891,705
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,520
$891,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Unknown
$260,000
No
First
Sep 15, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,279
$649,426
72%
27%
$1,559/mo

Learn About the Market: Opportunity in Texas

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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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626 Hayes Road | Property Details | No Agent List