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$210,000

1839 W Taylor St, Sherman, TX, 75092

$230,221 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,754 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.73 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Microwave

Exterior

Lot Size8,316 sqft

Building Information

Year Built1971
Garage Spaces2

Land Information

APNS016 2289023
Lot Number23
SubdivisionWestern Hills Addn Sec4(Rp)
Land UseResidential
Legal DescriptionWESTERN HILLS ADDN SEC4(RP), BLOCK 11, LOT 23, ACRES .1909
Census Tract001200
Assessed Land Value$59,710
Assessed Improvement Value$149,253
Assessment Year2025

About this property

Great investment opportunity in Sherman! Located at 1839 W Taylor Street, this tenant-occupied property offers an excellent opportunity for investors looking to add a potential turnkey rental to their portfolio. With a tenant already in place, this property provides the opportunity for rental income without the immediate need to secure a new occupant. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for continued rental use. Whether you're expanding your investment portfolio or purchasing your first rental property, this is an opportunity worth considering!

Investor Tools

$57,428Estimated Mortgage Balance
$174,572Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$230,221
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month

Interested in this property?

Clay Gilbert

C-21 DEAN GILBERT, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,583
$208,963
2025
$59,710
$149,253
$208,963
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,583
$208,963

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Landmark Bank Na
Conventional
$73,700
No
First
Jun 30, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,428
$174,572
75%
25%
$442/mo

City: Sherman