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$431,411

NAL Estimated Property Value

700 Clay Lane, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,463 Sq Ft
price_per_sqft$133.98 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,935 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN154A6868077
Lot Number50,67
SubdivisionWashington Place Addn
Land UseResidential
Legal DescriptionWASHINGTON PLACE ADDN, BLOCK 3, LOT 50, 67.05X7.95X173.35X37.32X25.55X188.36, ACRES 0.274 67.05X7.95X173.35X37.32X25.55X188.3
Census Tract001101
Assessed Land Value$74,597
Assessed Improvement Value$356,814
Assessment Year2025

About this property

Mark Garland home completely updated and a living room and screened in porch added. 12 foot ceilings in living areas with gorgeous crown molding and plantation shutters thru out. Energy efficient solar screens and LED lights thru out. Central vacuum. Roof Replaced and1 new hot water heater in 2020. Refrigerator and cookstove replaced in 2019. Flat screen TVs in Living room and breakfast room to stay. Refrigerator and washer and dryer to remain. HVAC serviced twice a year and last sprinkler system annual inspection was April 2020. Colorful and beautifully decorated in this better than new family home. Highly desirable location and neighborhood!

Investor Tools

Property Icon
$431,411
Estimated Property Value
$225,238Estimated Mortgage Balance
$206,173Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,588 /month
Positive
Cash Flow Estimate:
$863 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,895
$431,411
2025
$74,597
$356,814
$431,411
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,895
$431,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$250,000
No
First
Mar 24, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,238
$206,173
47%
52%
$1,499/mo

City: Sherman

700 Clay Lane | Property Details | No Agent List