Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$309,000

NAL Estimated Property Value

707 Madison Place, Sherman, TX, 75092

$312,788 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.88 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesPlumbed For Ice Maker
FlooringOther

Exterior

Lot Size5,793 sqft

Building Information

Year Built2002
Garage Spaces1

Land Information

APN154A6868008
Lot Number8,60
SubdivisionWashington Place Addn
Land UseResidential
Legal DescriptionWASHINGTON PLACE ADDN, BLOCK 1, LOT 8, 60X95X62.11X95, ACRES .133 60X95X62.11X95
Census Tract001101
Assessed Land Value$38,376
Assessed Improvement Value$219,288
Assessment Year2025

About this property

Welcome home! This inviting 3 bed 2 bath home is nestled in the desirable subdivision of Washington Place. Immaculate landscaping surrounds the front of the brick exterior. The interior features an open concept layout, eat-in kitchen, custom cabinets, luxury plank flooring, tile flooring in the kitchen and bathrooms, and new carpet in the bedrooms. From the high ceilings, wood burning fireplace, and granite counter tops this home is a show stopper. Master suite presents tray ceilings, jetted garden tub, dual vanity, and a separate shower. Relax in the spacious fenced backyard. Conveniently located near local parks, schools, shopping, and major highways. Add this one to your viewing list before it's gone!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$168,298Estimated Mortgage Balance
$140,702Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$312,787
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,510
$257,664
2025
$38,376
$219,288
$257,664
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,510
$257,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$183,950
No
First
Nov 15, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,298
$140,702
45%
54%
$1,103/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...