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$150,000

701 E College Street, Sherman, TX, 75090

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.51 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built2004

Land Information

APNS030 2036043
Lot Number23,24
SubdivisionCarters W P Addn
Land UseResidential
Legal DescriptionCARTERS W P ADDN, BLOCK 12, LOT 23 & 24, ACRES .1377
Census Tract002000
Assessed Land Value$37,200
Assessed Improvement Value$89,863
Assessment Year2025

About this property

LEASE TO OWN OPTIONS AVAILABLE! This cozy one-story home sits on a desirable corner lot with a generous grassy yard perfect for relaxing or entertaining. Inside you’ll find 3 bedrooms, 1.5 baths, a comfortable living area, separate dining space, and a functional kitchen. A small utility room adds everyday practicality. With its great location and welcoming layout, this home offers both comfort and convenience.

Investor Tools

$92,812Estimated Mortgage Balance
$65,188Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

Interested in this property?

Shelby Buehler

Keller Williams Realty-FM

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,805
$127,063
2025
$37,200
$89,863
$127,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,805
$127,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$99,600
No
First
Sep 29, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,812
$65,188
41%
59%
$598/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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701 E College Street | Property Details | No Agent List