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
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$187,000

723 S Elm Street, Sherman, TX, 75090

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.15 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size5,915 sqft

Building Information

Year Built1948
Roof Type109

Land Information

APNS041 2107039
SubdivisionHare & Randolph Addn
Land UseResidential
Legal DescriptionHARE & RANDOLPH ADDN, BLOCK 11, LOT W PT 31, ACRES .1358
Census Tract001700
Assessed Land Value$54,486
Assessed Improvement Value$94,092
Assessment Year2025

About this property

Charming 3-bedroom, 1-bath home offering 1,080 square feet of comfortable living space in Sherman. This property features durable vinyl flooring upgrades throughout, providing a modern look with easy maintenance. The functional layout maximizes space, with a welcoming living area, well-sized bedrooms, and a practical kitchen ready for your personal touch. Whether you're looking to expand your portfolio or purchase your first rental, this home presents a fantastic investment opportunity with strong potential. Conveniently located near local amenities, schools, and major roadways for easy access around town.

Investor Tools

$139,152Estimated Mortgage Balance
$45,848Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

Interested in this property?

Rex Rhorer

Coldwell Banker Apex, REALTORS

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,892
$148,578
2025
$54,486
$94,092
$148,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,892
$148,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 7 Llc
Commercial
$147,000
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,152
$45,848
24%
75%
$882/mo

City: Sherman

723 S Elm Street | Property Details | No Agent List