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$238,874

NAL Estimated Property Value

704 E Olive St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,946 Sq Ft
price_per_sqft$138.75 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesOther

Exterior

Lot Size10,724 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APNS053 214200203
Lot Number1
SubdivisionLive Oak Addn Sec 4
Land UseResidential
Legal DescriptionLIVE OAK ADDN SEC 4, BLOCK 2, LOT 1, ACRES .2462
Census Tract001500
Assessed Land Value$65,955
Assessed Improvement Value$172,919
Assessment Year2025

About this property

Come see this beautiful home. The foundation has been leveled and has a transferable lifetime warranty A new roof has just been installed that is covered with a 30-year manufacturer material warranty A new kitchen sink, faucet, and appliances have been installed All light fixtures have been replaced with new LED fixtures, including new ceiling fans in the bedrooms and the living room. The interior of the house has been painted, and all new flooring has been installed Two years ago, the central HVAC system was replaced with a new energy-efficient system. The house sits on a large corner lot with a fenced-in backyard The house is a three bedroom, 2 ½ bath with a large two car garage. The huge living area has a wood-burning fireplace and a wet bar The house contains a lot of custom-made naturally stained birch built-in cabinets New mini blinds have been installed

Investor Tools

Property Icon
$238,874
Estimated Property Value
$7,402Estimated Mortgage Balance
$231,472Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,163
$238,874
2025
$65,955
$172,919
$238,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,163
$238,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank Of New York Mellon Trust Compan
Stand Alone First / Home Equity First Lien
$7,511
No
First
Jul 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,402
$231,472
96%
3%
$46/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.

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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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704 E Olive St | Property Details | No Agent List