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Days203Days on Market
Views1view

$485,000

721 W Washington Street, Sherman, TX, 75092

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.77 / sqft
Year BuiltBuilt in 1897

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Hardwood, Parquet, Tile

Exterior

Lot Size16,052 sqft

Building Information

Year Built1897
Roof Type109
Garage Spaces2

Land Information

APNS034 2214019
SubdivisionShannon T J Town Plat
Land UseResidential
Legal DescriptionSHANNON T J TOWN PLAT, BLOCK PT 5, 100X161(C) 16100 SF, ACRES .3685 100X161(C) 16100 SF
Census Tract001300
Assessed Land Value$81,374
Assessed Improvement Value$281,301
Assessment Year2025

About this property

Step back in time with this enchanting historic gem, a rare find nestled right in town with all the charm and character you dream of. From the moment you step inside, you'll be greeted by walls of windows with original, wavy glass that fill each room with dancing natural light—a beautiful reminder of the home's storied past. Every detail here whispers of another era: the original glass door knobs, the beautiful original woodwork, and even a vintage carriage step in the yard—a nod to the days when horse-drawn carriages graced the grounds. All the essential work has been done, leaving you with the joy of personalizing the fun, final touches to make this house a home that's as timeless as it is unique. Whether you're drawn to the convenience of in-town living or the irresistible allure of historic homes, this is the place where your vision and a piece of history come together. Buyers and Buyers Agent to verify all information in listing is correct.

Investor Tools

$0Estimated Mortgage Balance
$482,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

ROBIN PHILLIPS

PARAGON, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$905
$235,076
2025
$81,374
$281,301
$362,675
No

Tax History

Year
Tax Paid
Assessed Value
2024
$905
$235,076

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$482,000
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: Sherman

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721 W Washington Street | Property Details | No Agent List