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$182,000

NAL Estimated Property Value

828 W Fern St, Sherman, TX, 75092

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths980 Sq Ft
price_per_sqft$202.04 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,126 sqft

Building Information

Year Built1930
Roof Type109

Land Information

APNS035 2085024
SubdivisionExsteins Maple Addn
Land UseResidential
Legal DescriptionEXSTEINS MAPLE ADDN, BLOCK 4, LOT E 25FT 13 AND W 25FT 14, ACRES .1636
Census Tract001300
Assessed Land Value$51,799
Assessed Improvement Value$122,704
Assessment Year2025

About this property

This west Sherman home is bursting with character! Everything has already been done for you! New HVAC, new electrical panel with full rewire, newer roof, new plumbing all the way to the curb, and the foundation has been leveled. All you need to do is pack your moving boxes! Fully refurbished hardwood floors in dark walnut, new quartz countertops, new SS appliances, and a roomy undermount sink. The original brick detail on the covered front porch adds to its historic charm. The exterior has been freshly painted in a custom soft pink paint color while the trim is accented in Iron Ore. The original lead glass windows and solid wood interior doors were preserved. The bathrooms have been fully updated with new vanities, toilets, and trending hexagon tile. The taupe-colored mosaic tile in the kitchen is an ode to the 1930’s. Separate laundry room. Huge backyard! You can have the best of both worlds with this house...low monthly mortgage payments and a place you can be PROUD of to call HOME!

Investor Tools

Property Icon
$182,000
Estimated Property Value
$39,116Estimated Mortgage Balance
$142,884Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,207
$174,503
2025
$51,799
$122,704
$174,503
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,207
$174,503

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$40,000
No
First
Feb 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,116
$142,884
78%
21%
$240/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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828 W Fern St | Property Details | No Agent List