tomo logo

$305,000

Beds
5
Baths
3.0
sq ft
2,450

516 N Burdette Ave, Sherman, TX 75090

516 N Burdette Ave

Sherman, TX 75090

  • 1 day on market
RARE 5-3 in BOOMING Sherman, Tx! Completely Renovated and ready for move-in! This home features a brick fireplace, wall shelving, and lots of open space! Large spacious living area with plenty of space to relax or entertain! Here you'll enjoy beautiful flooring throughout the home as well as natural lighting. Updated galley kitchen featuring white cabinets and plenty of prep and storage space. All bedrooms are a great size! Comes with a LARGE 2 car detached garage and fenced-in backyard. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$286,091

Lot size

2,450 sq ft

Price per sq ft

$125

Year built

1957

Price History

02/21/2025
NTREIS

NTREIS #20850972

Listed
$305,000
02/18/2025
NTREIS

NTREIS #20832176

Removed
02/11/2025
NTREIS

NTREIS #20832176

Price change
$305,000
-3.17%

Schools & Community

Elementary school: 

Jefferson

Middle school: 

Piner

High school: 

Sherman

School district: 

Sherman ISD

Seller’s Loan History

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

Lender

Civic Financial Services Llc

Loan start date

September 2022

Original loan amount

$659,200

Est. remaining balance

Not provided

Interest rate

5.54%

Loan type

Building or Construction Loan, 30 year

Seller

L & M Slaughter Properties Llc

Lender

First Bank

Loan start date

March 2021

Original loan amount

$170,000

Est. remaining balance

Not provided

Interest rate

2.79%

Loan type

Future Advance Clause / Open End Mortgage, 20 year

Seller

L & M Slaughter Properties 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: 02/22/2025 at 2:35 PM

Listing updated: 02/22/2025 at 12:13 AM

Listed by: Will Clark, OmniKey Realty, LLC. Phone #: (972) 480-8280

MLS: NTREIS #20850972

NTREIS logo

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