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$155,833

NAL Estimated Property Value

902 N Ross Ave, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths937 Sq Ft
price_per_sqft$159.02 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Other

Exterior

Lot Size7,501 sqft

Building Information

Year Built1942
Roof Type109
Garage Spaces1

Land Information

APNS031 2124018
Lot Number6
SubdivisionKeliechors C J 1st Addn
Land UseResidential
Legal DescriptionKELIECHORS C J 1ST ADDN, BLOCK 2, LOT 6, ACRES .1722
Census Tract001400
Assessed Land Value$46,500
Assessed Improvement Value$109,333
Assessment Year2025

About this property

tep into this completely renovated 3-bedroom, 1-bath home where 1940s character blends seamlessly with modern upgrades. Situated on a spacious 0.17-acre corner lot with mature trees, this 926 sq. ft. residence has been thoughtfully updated from top to bottom. The interior features brand-new laminate flooring, fresh sheetrock, and designer fixtures throughout. Peace of mind comes standard with major system updates including new plumbing, electric, HVAC, water heater, and insulation. The chef’s kitchen shines with exquisite granite countertops, stainless steel appliances, and new custom cabinetry. Natural light floods the home through energy-efficient vinyl double-pane windows, highlighting the open feel and sophisticated finishes. Outside, enjoy the large backyard and raised deck—perfect for relaxing or entertaining. With a seamless blend of contemporary elegance and traditional style, this move-in-ready gem is waiting for you.

Investor Tools

Property Icon
$155,833
Estimated Property Value
$183,386Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$935 /month
Positive
Cash Flow Estimate:
$312 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,536
$155,833
2025
$46,500
$109,333
$155,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,536
$155,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$191,468
Yes
First
Feb 22, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,386
N/A
0%
118%
$1,148/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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902 N Ross Ave | Property Details | No Agent List