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$1,125,000

NAL Estimated Property Value

TBD FM 1417-Ext, Sherman, TX, 75090

Off MarketInfo

About this property

Approximately 50 acres with limitless opportunity in a prime location! This property is minutes from downtown Sherman. This acreage is currently used for agricultural purposes, but could be Shermans next big development. Great road frontage. A developer can extend utilities to the property. This property could also be ideal for buying and holding for future investment. This would also make a great home site for the farmer or rancher that wants their own slice of heaven, and not too far from all that Sherman has to offer! Pink Hill water and Sherman utility map located in supplements. Buyer can verify utility questions with the City of Sherman and Pink Hill water coop.

Investor Tools

Property Icon
$1,125,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,125,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,750 /month
Positive
Cash Flow Estimate:
$2,250 /month

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Financing Details

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

City: Sherman

TBD FM 1417-Ext | Property Details | No Agent List