tomo logo

$199,900

Beds
3
Baths
2.0
sq ft
1,124

131 N Colbert Ave, Sherman, TX 75090

131 N Colbert Ave

Sherman, TX 75090

  • 2 days on market
    • Open house Jan 11
Step into your dream home for under $200K! This FULLY RENOVATED charmer on a CORNER LOT was taken down to the studs in 2021. Enjoy peace of mind with new siding, fascia, windows, roof, and leveled foundation. A full bath was also added in 2021 and includes a full-size stackable washer and dryer that are yours to keep! The bright white kitchen features stainless steel appliances, soft-close cabinets, granite countertops, and a picturesque window overlooking your landscaped backyard. And yes—the stainless steel refrigerator stays! Luxury vinyl plank flooring lines the entire house for a low-maintenance lifestyle. Freshly painted and move-in ready, this home stands out with its tantalizing teal front door and built-in planter box. Located in a convenient Sherman location near downtown, Austin College, and within walking distance to Sherman Middle School, this is the perfect place to start your next chapter. Start 2025 in style—make this stunning home yours today!

Details

Property type

Single Family Residence

Est. home value

$177,057

Lot size

4,617.36 sq ft

Price per sq ft

$178

Year built

1950

Annual property taxes

$2,571

Price History

01/02/2025
NTREIS

NTREIS #20799861

Listed
$199,900
07/02/2021
NTREIS

NTREIS #14580375

Removed
07/23/2019
NTREIS

NTREIS #14141086

Removed

Schools & Community

Elementary school: 

Crutchfield

Middle school: 

Sherman

High school: 

Sherman

School district: 

Sherman ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$48,062
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$135,846
Cash to seller
$48,062

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Magnolia Capital Partners Llc

Loan start date

February 2022

Original loan amount

$144,750

Est. remaining balance

$135,846

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Dkkm Rentals Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/04/2025 at 9:00 PM

Listing updated: 01/03/2025 at 12:37 PM

Listed by: Megan Christensen, Texas Life Real Estate Phone #: (903) 821-9678

MLS: NTREIS #20799861

NTREIS logo

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