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$128,000

NAL Estimated Property Value

820 S Charles St, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths930 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.15 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone

Exterior

Lot Size7,000 sqft

Building Information

Year Built1955
Garage Spaces1

Land Information

APNS042 2078155
Lot Number12
SubdivisionElliotts W Addn
Land UseResidential
Legal DescriptionELLIOTTS W ADDN, BLOCK 27, LOT 12, ACRES .1607
Census Tract001500
Assessed Land Value$51,310
Assessed Improvement Value$61,681
Assessment Year2025

About this property

This property is a rare find for investors or those with a vision for transformation. Situated on a large corner lot, this house offers immense potential despite its current condition. With a deep backyard and a partially fenced area, this property provides ample space for development and creativity. The expansive yard space offers endless possibilities for expansion or redesign. The garage in the backyard could serve as storage or a workshop. Conveniently located near community amenities, including shops, schools, and parks. This property is being sold as-is, presenting a unique opportunity for those ready to invest time and resources into revitalizing it. The house needs a lot of work, but with the right vision and dedication, it could become a lovely family home or a profitable investment. Bring all offers and seize this opportunity to create something special.

Investor Tools

Property Icon
$128,000
Estimated Property Value
$0Estimated Mortgage Balance
$128,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,400
$112,991
2025
$51,310
$61,681
$112,991
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,400
$112,991

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$128,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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820 S Charles St | Property Details | No Agent List