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$111,000

NAL Estimated Property Value

718 E Summit Street, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths723 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.38 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Range, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,159 sqft

Building Information

Year Built1956
Garage Spaces1

Land Information

APNS047 2139053
Lot Number5
SubdivisionLive Oak Addn
Land UseResidential
Legal DescriptionLIVE OAK ADDN, BLOCK 6, LOT 5, ACRES .1414
Census Tract001500
Assessed Land Value$46,015
Assessed Improvement Value$33,985
Assessment Year2025

About this property

Lovely little starter home. This gem with a lovely front porch is in need of some TLC, but has great bones. This as is home boasts a lovely back yard, a garage with electric and is conveniently located close to downtown. The refrigerator, washer and dryer convey with the home. Call your favorite realtor and come see this lovely home.

Investor Tools

Property Icon
$111,000
Estimated Property Value
$68,010Estimated Mortgage Balance
$42,990Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$666 /month
Positive
Cash Flow Estimate:
$222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,057
$80,000
2025
$46,015
$33,985
$80,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,057
$80,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Va
$80,655
Yes
First
Aug 10, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,010
$42,990
38%
61%
$484/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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718 E Summit Street | Property Details | No Agent List