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$142,801

NAL Estimated Property Value

816 N Throckmorton St, Sherman, TX, 75090

SoldInfo
7/21/26
Beds3 Beds
Baths2 Bath
Baths1,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.27 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size8,751 sqft

Building Information

Year Built2004

Land Information

APNS030 203606901
Lot Number7-8
SubdivisionCarters W P Addn
Land UseResidential
Legal DescriptionCARTERS W P ADDN, BLOCK 4, LOT 7 8 & S 1/2 9, ACRES .2009
Census Tract002000
Assessed Land Value$52,938
Assessed Improvement Value$89,863
Assessment Year2025

About this property

Investor Special or Perfect First Home Opportunity! Located just a short walk from Austin College, this 3-bedroom, 1.5-bath home offers incredible potential in a highly desirable location. Featuring central heat and air, an open-concept living area, and a fenced backyard, this property has solid bones and is ready for your personal touch. While the home could benefit from some TLC and cosmetic updates, it is priced accordingly and being sold as-is, making it an excellent opportunity for investors, college-area rentals, or first-time homebuyers looking to build equity. Conveniently located near downtown Sherman, shopping, dining, and major highways, this home is priced below market value for a quick sale. Don’t miss your chance to own a property with great potential in a prime location! Priced to sell—schedule your showing today!

Investor Tools

Property Icon
$142,801
Estimated Property Value
$87,055Estimated Mortgage Balance
$55,746Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$857 /month
Positive
Cash Flow Estimate:
$286 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,139
$142,801
2025
$52,938
$89,863
$142,801
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,139
$142,801

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Commercial
$97,200
No
First
Feb 8, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,055
$105,945
54%
61%
$583/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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816 N Throckmorton St | Property Details | No Agent List