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$145,000

Beds
3
Baths
2.0
sq ft
1,060

510 S First St, Sherman, TX 75090

510 S First St

Sherman, TX 75090

  • <1 day on market
ATTENTION, investors and DIY enthusiasts! This 3-bedroom, 2-bathroom home in Sherman offers 1,060 square feet of potential on a 3,877 square-foot lot. Whether you're looking for a flip or a long-term rental opportunity, this fixer-upper provides the perfect blank canvas. With its functional layout and manageable lot size, the possibilities are endless to bring your vision to life. This property combines potential and practicality and is conveniently located near schools, shopping, and major highways. Don’t miss your chance to unlock its hidden value—schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$169,638

Lot size

3,876.84 sq ft

Price per sq ft

$137

Year built

2007

Annual property taxes

$2,919

Price History

01/21/2025
NTREIS

NTREIS #20822347

Listed
$145,000

Schools & Community

Elementary school: 

Washington

Middle school: 

Piner

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

$44,191
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$89,209
Cash to seller
$44,191

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

Seller’s Loan History

Lender

Credit Union Of Texas

Loan start date

March 2021

Original loan amount

$97,500

Est. remaining balance

$89,209

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Vaag Oganyan and Carolina Oganyan

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: 01/22/2025 at 2:10 PM

Listing updated: 01/21/2025 at 8:13 PM

Listed by: Rex Rhorer, Ebby Halliday, REALTORS Phone #: (972) 893-3130

MLS: NTREIS #20822347

NTREIS logo

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