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$202,000

NAL Estimated Property Value

928 W Laurel Street, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,324 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.34 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size7,501 sqft

Building Information

Year Built1950

Land Information

APNS035 2101052
Lot Number17,50
SubdivisionGrays G Y 2nd Addn
Land UseResidential
Legal DescriptionGRAYS G Y 2ND ADDN, BLOCK 4, LOT 17, 50X150, ACRES 0.1722 50X150
Census Tract001300
Assessed Land Value$54,300
Assessed Improvement Value$123,617
Assessment Year2025

About this property

Back on the Market! Cute as can be 3 bed 2 bath that has been updated inside and out. Plumbing, electrical, roof, appliances and flooring. Tenant was paying $1250 a month. Great home or rental property. Large storage shed in backyard.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$168,847Estimated Mortgage Balance
$33,153Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,801
$177,917
2025
$54,300
$123,617
$177,917
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,801
$177,917

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central Minnesota Cu
Sba Participation Trust Deed
$174,300
No
First
Aug 29, 2024
Aug 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,847
$33,153
16%
84%
$1,046/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.

Explore Texas Explore This Area
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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928 W Laurel Street | Property Details | No Agent List