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$507,000

NAL Estimated Property Value

6355 Fm 697, Sherman, TX, 75090

Off MarketInfo
Beds— Beds
Baths— Bath
Baths480 Sq Ft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size40.30 acres

Building Information

Year Built2005

Land Information

APN192 079000103
SubdivisionMcdaniel T Y A-G0790
Land UseResidential
Legal DescriptionG-0790 MCDANIEL T Y A-G0790, ACRES 40.297
Census Tract000102
Assessed Land Value$83,545
Assessed Improvement Value$109,659
Assessment Year2025

About this property

gently rolling 84+ acres close to Sherman, Tom Bean, Whitewright and Bells. The property has a 3120 sq ft shop on a concrete slab with roll up doors and a 480 sq. ft living area {per Tax } with water and septic system. The place is all fenced and cross fenced. Pipe entry, pipe and non climb fences in the front pasture. The land has nice hills with lots of trees and a creek forms west boundary. This is a pretty place with lots of potential

Investor Tools

Property Icon
$507,000
Estimated Property Value
$0Estimated Mortgage Balance
$507,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,303
$193,204
2025
$83,545
$109,659
$859,567
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,303
$193,204

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$507,000
100%
0%
$0/mo

City: Sherman

6355 Fm 697 | Property Details | No Agent List