$151,000
3221 Burgandy Lane, Sherman, TX, 75090
On Market
Just Added
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal
FlooringCarpet, Laminate
Exterior
Lot Size11,021 sqft
Building Information
Year Built1968
Roof Type109
Garage Spaces2
Land Information
APNS007 2243025
Lot Number1
SubdivisionTown North Addn
Land UseResidential
Legal DescriptionTOWN NORTH ADDN, BLOCK 3, LOT 1, ACRES .2530
Census Tract000903
Assessed Land Value$63,696
Assessed Improvement Value$115,018
Assessment Year2025
About this property
Investment Opportunity or Starter Home! One-owner 3-bedroom, 2-bath, 2-car garage home ready for your updates and personal touches. With a functional floor plan and fenced backyard, this property offers a great opportunity to create a comfortable home or add value as an investment. Located in a quiet neighborhood just minutes from Austin College, Sherman Town Center, and Hwy 75, providing convenient access to shopping, dining, schools, and easy commuting. A solid opportunity with plenty of potential!
Investor Tools
$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$583
$178,714
2025
$63,696
$115,018
$178,714
No
Tax History
Year
Tax Paid
Assessed Value
2025
$583
$178,714
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$231,000
100%
0%
$0/mo
