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$235,000

703 W Sherman St, Chico, TX, 76431

$305,500 ARVInfo
PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.3 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesRain Gutters
Lot Size33,977 sqft

Building Information

Year Built1974
Stories1
Roof Type158
Garage Spaces4

Land Information

APNS0320.0011.00
Lot Number11
SubdivisionChico Estates
Land UseResidential
Legal DescriptionLOT 11 BLK 1 CHICO ESTATES
Census Tract150405
Assessment Year2025

About this property

UPLOADED NEW INTERIOR PHOTOS!! LARGE PRICE REDUCTION!! INVESTORS! CHECK THIS ONE OUT! While this house needs repairs and updating, it can certainly be a one-of-a-kind property for you. This home was built with native rock as well as the garage and out-building making it very unique. It has 3 large bedrooms with 2 bathrooms. The large living area has an incredible freestanding native rock fireplace as well. The rock 2 car garage has a large shop at the back of it equipped with a half bath in it. It sets on a beautiful tree covered 0.86 acres lot and has an adjoining 0.85 acres additional lot for you to build an additional house on if so desired. While it does have a well and septic on it, city water and sewer was added later. THIS PROPERTY IS PRICED TO SELL AND THE SELLER IS NEGOTIABLE! CALL TODAY!

Investor Tools

$0Estimated Mortgage Balance
$504,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$305,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,024 /month
Positive
Cash Flow Estimate:
$1,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,463
$300,761
2025
N/A
N/A
$349,317
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,463
$300,761

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$462,000
100%
0%
$0/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: Chico

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