Multi-family
1309 S Rusk St · Sherman, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 6/10 · Moderate
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 6/10 · Moderate
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 23.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +3.6/10.0
- Livability +3.1/5.0
- Rent growth +1.8/5.0
- Condition / age +1.0/5.0
- Appreciation +0.0/10.0
$125,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
***** PRICE IMPROVEMENT***** ALL OFFERS WELCOME!!!. Great long-term investment 2 houses for the price of 1. Seller is Motivated. AS IS sales.
Key facts
- Newer roof
- Hvac system
- Detached garage
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath multifamily listed at $125k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $1k ($15k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $125k).
- Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
- Cap rate 18.3% vs local median 3.8% in Sherman — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 61/100 on livability (#1,027 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment C-, amenities F.
- Sherman ISD (urban): math 31% / reading 37% proficiency, ranked #546 of 826 in TX (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Washington El (math 37% / reading 32%, grade F, #1,995 of 4,322 statewide, top 50%, 496 students, 97% FRL); Piner Middle (math 31% / reading 41%, grade F, #805 of 1,662 statewide, top 50%, 818 students, 75% FRL); Sherman H S (math 28% / reading 44%, grade F, #930 of 1,632 statewide, top 57%, 2,155 students, 70% FRL) — zoned schools average 80% FRL vs 60% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents soft (-2.7%/yr); 673 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 117d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,272 units permitted in Grayson County in 2024 (750 in 5+ unit buildings).
- At $2,886/mo this rent would consume 62% of the median local household income ($56k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Grayson County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 68 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 3.1% of price; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 2.31% ✓
- Cap rate
- 18.31%
- Cash-on-cash
- 42.90%
- DSCR
- 2.91
- GRM
- 3.6
CMA / ARV
- ARV (median comp)
- $349,900
- List price
- $125,000
- Delta
- -64.28%
- Verdict
- UNDERPRICED
- Comps
- 9 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1219/ 1223 S Austin St | 0.09mi | 4/4.0 | 2,594 (+10%) | 6mo | $349,900 | $135 | 67 |
| 2102 Dunbar Dr | 1.49mi | 4/2.5 | 2,357 (-0%) | 7mo | $337,479 | $143 | 56 |
| 808 S Austin St | 0.46mi | 4/3.0 | 2,615 (+10%) | 2mo | $239,810 | $92 | 55 |
| 1111 E Houston | 1.39mi | 5/2.5 (+1) | 2,300 (-3%) | 5mo | $315,000 | $137 | 49 |
| 833 W Pecan St | 1.19mi | 5/3.5 (+1) | 2,271 (-4%) | 0mo | $215,000 | $95 | 47 |
| 941 Jefferson Way | 0.72mi | 4/2.5 | 1,802 (-24%) | 1mo | $276,990 | $154 | 38 |
| 1109 E Lamar St | 1.33mi | 4/2.0 | 1,830 (-23%) | 4mo | $240,000 | $131 | 37 |
| 1120 E Wells Ave | 1.13mi | 4/2.0 | 1,956 (-17%) | 5mo | $179,000 | $92 | 36 |
| 401 Loch Dr | 1.50mi | 3/2.0 (-1) | 1,833 (-23%) | 3mo | $324,597 | $177 | 32 |
| 623 N Walnut St | 1.38mi | 3/2.0 (-1) | 1,854 (-22%) | 3mo | $289,000 | $156 | 32 |
| 122 Mercer Dr | 0.73mi | 3/2.0 (-1) | 1,981 (-16%) | 6mo | $111,000 | $56 | 31 |
| 1116 S Idlewild Dr | 1.45mi | 3/2.0 (-1) | 1,990 (-16%) | 9mo | $229,900 | $116 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 36.0%
- Equity multiple
- 2.46×
- Total profit
- $51,132
- Equity at exit
- $18,638
- IRR
- 41.0%
- Equity multiple
- 4.29×
- Total profit
- $115,053
- Equity at exit
- $10,808
Cash invested: $35,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 75090
- Home prices YoY
- -20.0%
- Rents YoY
- -2.7%
- Active inventory
- 673
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $2,886 high interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$321 /mo · $3,852/yr
- Insurance
- −$52
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$606
- Net cashflow
- $1,251
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1.5 | $2,886 |
| #1 | 2 | 1.5 | $1,443 |
| #2 | 2 | 1.5 | $1,443 |
| Total (2 units) | $2,886 | ||
Break-even live
Sensitivity live
| Price | -10% $1,322 | -5% $1,287 | +0% $1,251 | +5% $1,216 | +10% $1,181 |
|---|---|---|---|---|---|
| Rent | -10% $1,023 | -5% $1,137 | +0% $1,251 | +5% $1,365 | +10% $1,479 |
| Rate | -1.0pp $1,314 | -0.5pp $1,283 | base $1,251 | +0.5pp $1,219 | +1.0pp $1,186 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $31,250
- Closing costs
- $3,750
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 413 W Dulin St Sherman, TX | 3.0 | 2.0 | 1386 | $1,700 | $1.23 | 4d | 1 | 0.08mi |
| 1415 S Austin St Sherman, TX | 3.0 | 1.0 | 1027 | $1,180 | $1.15 | 116d | 1 | 0.09mi |
| 417 W Dulin St Unit 417 Sherman, TX | 3.0 | 2.0 | 1386 | $1,850 | $1.33 | 139d | 1 | 0.09mi |
| 419 W Dulin St Unit 419 Sherman, TX | 3.0 | 2.0 | 1386 | $1,850 | $1.33 | 139d | 1 | 0.09mi |
| 1219 S Austin St Unit 1219 Sherman, TX | 2.0 | 2.0 | 1297 | $1,650 | $1.27 | 139d | 1 | 0.10mi |
| 1223 S Austin St Unit 1223 Sherman, TX | 2.0 | 2.0 | 1297 | $1,650 | $1.27 | 139d | 1 | 0.11mi |
| 1433 S Rusk St Sherman, TX | 2.0 | 1.0 | 945 | $1,295 | $1.37 | 4d | 1 | 0.12mi |
| 1435 S Rusk St Sherman, TX | 2.0 | 1.0 | 945 | $1,295 | $1.37 | 4d | 1 | 0.12mi |
| 1434 S Rusk St Unit A Sherman, TX | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 140d | 1 | 0.13mi |
| 1434 S Rusk St Sherman, TX | 1.0 | 1.0 | 800 | $875 | $1.09 | 4d | 1 | 0.13mi |
| 1434 S Rusk St Unit C Sherman, TX | 1.0 | 1.0 | 300 | $800 | $2.67 | 140d | 1 | 0.13mi |
| 1434 S Rusk St Unit B Sherman, TX | 1.0 | 1.0 | 800 | $1,000 | $1.25 | 140d | 1 | 0.13mi |
| 236 W Lake St Sherman, TX | 3.0 | 2.5 | 1268 | $1,550 | $1.22 | 0d | 1 | 0.30mi |
| 232 W Lake Ave Sherman, TX | 3.0 | 2.5 | 1244 | $1,395 | $1.12 | 139d | 1 | 0.31mi |
| 232 W Lake Ave Sherman, TX | 3.0 | 2.5 | 1244 | $1,425 | $1.15 | 140d | 1 | 0.31mi |
| 218 W Lake St Sherman, TX | 3.0 | 2.5 | 1244 | $1,495 | $1.20 | 116d | 1 | 0.32mi |
| 208 W Lake St Sherman, TX | 3.0 | 3.0 | 1238 | $1,495 | $1.21 | 4d | 1 | 0.33mi |
| 243 W Forest Ave Sherman, TX | 3.0 | 2.5 | 1244 | $1,400 | $1.13 | 139d | 1 | 0.34mi |
| 1402 S Montgomery St Sherman, TX | 3.0 | 2.0 | 1160 | $1,399 | $1.21 | 139d | 1 | 0.36mi |
| 1710 S Travis St Sherman, TX | 2.0 | 1.5 | 1200 | $1,200 | $1.00 | 139d | 1 | 0.39mi |
| 1524 S Montgomery St Sherman, TX | 3.0 | 2.0 | 1265 | $1,525 | $1.21 | 4d | 1 | 0.41mi |
| 208 E Lake Ave Sherman, TX | 3.0 | 2.5 | 1238 | $1,445 | $1.17 | 139d | 1 | 0.43mi |
| 121 W Moore St Unit 301 Sherman, TX | 3.0 | 1.5 | 866 | $1,049 | $1.21 | 4d | 1 | 0.45mi |
| 816 S Crockett St #3 Sherman, TX | 1.0 | 1.0 | 600 | $675 | $1.12 | 140d | 1 | 0.45mi |
| 826 S Travis St Apt E Sherman, TX | 1.0 | 1.0 | 650 | $850 | $1.31 | 4d | 1 | 0.47mi |
| 224 E Lake St Sherman, TX | 2.0 | 1.0 | 889 | $1,125 | $1.27 | 139d | 1 | 0.47mi |
| 224 E Lake St Unit 224 Sherman, TX | 2.0 | 1.0 | 889 | $1,125 | $1.27 | 139d | 1 | 0.47mi |
| 830 S Lyon St Sherman, TX | 2.0 | 1.0 | 784 | $1,095 | $1.40 | 139d | 1 | 0.48mi |
| 117 W Wilson Ave Unit 117 Sherman, TX | 3.0 | 2.0 | 1233 | $1,200 | $0.97 | 4d | 1 | 0.51mi |
| 620 S Walnut St Unit 622 Sherman, TX | 2.0 | 1.0 | 1783 | $1,195 | $0.67 | 4d | 1 | 0.65mi |
| 702 S Montgomery St Unit 704 Sherman, TX | 2.0 | 1.0 | — | $950 | — | 4d | 1 | 0.65mi |
| 600 E Rosedale St Sherman, TX | 2.0 | 1.0 | 925 | $995 | $1.08 | 139d | 1 | 0.66mi |
| 1205 S First St Sherman, TX | 3.0 | 2.0 | 1490 | $1,300 | $0.87 | 4d | 1 | 0.67mi |
| 608 E Rosedale St Unit B Sherman, TX | 2.0 | 1.0 | 925 | $895 | $0.97 | 4d | 1 | 0.68mi |
| 2017 S Branch St Sherman, TX | 3.0 | 2.0 | 1341 | $1,700 | $1.27 | 139d | 1 | 0.71mi |
| 304 E King St Sherman, TX | 2.0 | 1.0 | 876 | $1,150 | $1.31 | 4d | 1 | 0.74mi |
| 923 S First St Sherman, TX | 2.0 | 1.0 | 891 | $1,125 | $1.26 | 116d | 1 | 0.75mi |
| 422 S Crockett St Sherman, TX | 1.0 | 1.0 | — | $950 | — | 139d | 1 | 0.75mi |
| 1108 W Center St Sherman, TX | 3.0 | 1.0 | 1400 | $1,550 | $1.11 | 4d | 1 | 0.75mi |
| 1006 S Throckmorton St Sherman, TX | 2.0 | 1.0 | 705 | $1,026 | $1.46 | 139d | 1 | 0.76mi |
Property features AI
Finance
- Financial info
- Listing offers Cash and Conventional terms
- HOA & community
- No association
Exterior
- Parking
- DrivewayGarage present (no recorded garage spaces)No covered or carport spaces recorded
- Utilities
- City sewerCable available
- Home design
- Single-family residenceResidential propertyAccessory unit present (approx. 1,110 sq ft)One story
- Construction
- Built in 1950Siding exteriorShingle roofPillar/post/pier foundation
- Exterior features
- Chain link fencingGuest house on the propertyLot less than 0.5 acre; will subdivide
Interior
- Kitchen
- No appliances included
- Bedrooms
- 2 bedrooms (both on the main level)
- Flooring
- Vinyl flooring
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Cable TV availableHigh-speed internet availableOne living areaOne dining area3 total roomsOne-level layout
- Laundry & utility
- Full-size washer/dryer area
Listing history 34 events
-
2026-06-30days on market $125,000 Active 68 DOM
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2026-06-29days on market $125,000 Active 67 DOM
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2026-06-28days on market $125,000 Active 66 DOM
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2026-06-28days on market $125,000 Active 65 DOM
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2026-06-27remarks 164-char remark
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2026-06-27days on market $125,000 Active 64 DOM
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2026-06-26days on market $125,000 Active 69 DOM
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2026-06-23days on market $125,000 Active 66 DOM
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2026-06-21statusdays on market $125,000 Active 65 DOM
-
2026-06-19days on market $125,000 Active Option Contract 63 DOM
-
2026-06-18days on market $125,000 Active Option Contract 62 DOM
Show marketing remark (146 chars)
***** PRICE IMPROVEMENT***** ALL OFFERS WELCOME!!!. Great long-term investment 2 houses for the price of 1. Seller is Motivated. AS IS sales.
-
2026-06-17days on market $125,000 Active Option Contract 61 DOM
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2026-06-17status $125,000 Active Option Contract 60 DOM
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2026-06-16days on market $125,000 Active 60 DOM
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2026-06-15days on market $125,000 Active 59 DOM
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2026-06-14days on market $125,000 Active 57 DOM
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2026-06-13days on market $125,000 Active 56 DOM
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2026-06-10days on market $125,000 Active 54 DOM
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2026-06-09days on market $125,000 Active 53 DOM
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2026-06-08days on market $125,000 Active 52 DOM
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2026-06-07days on market $125,000 Active 51 DOM
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2026-06-03remarks 163-char remark
Show marketing remark (146 chars)
***** PRICE IMPROVEMENT***** ALL OFFERS WELCOME!!!. Great long-term investment 2 houses for the price of 1. Seller is Motivated. AS IS sales.
-
2026-06-03pricedays on market $125,000 Active 47 DOM
Show marketing remark (146 chars)
***** PRICE IMPROVEMENT***** ALL OFFERS WELCOME!!!. Great long-term investment 2 houses for the price of 1. Seller is Motivated. AS IS sales.
-
2026-06-02days on market $139,000 Active 46 DOM
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2026-06-01days on market $139,000 Active 45 DOM
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2026-05-31days on market $139,000 Active 44 DOM
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2026-05-30days on market $139,000 Active 43 DOM
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2026-04-27price $139,000 81-char remark
Show marketing remark (146 chars)
***** PRICE IMPROVEMENT***** ALL OFFERS WELCOME!!!. Great long-term investment 2 houses for the price of 1. Seller is Motivated. AS IS sales.
-
2026-04-27price $139,000 80-char remark
Show marketing remark (146 chars)
***** PRICE IMPROVEMENT***** ALL OFFERS WELCOME!!!. Great long-term investment 2 houses for the price of 1. Seller is Motivated. AS IS sales.
-
2026-04-23$145,000 Active 81-char remark
Show marketing remark (146 chars)
***** PRICE IMPROVEMENT***** ALL OFFERS WELCOME!!!. Great long-term investment 2 houses for the price of 1. Seller is Motivated. AS IS sales.
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2026-04-15$145,000 Active 80-char remark
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2025-10-06soldstatus
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2014-06-06soldstatus
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1997-09-12soldstatus
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $3,852 · $321/mo
- Projected year-2 tax
- $3,852 · $321/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 6/10 Major
- Heat 6/10 Major 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
- Wind 4/10 Moderate 23% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $34,632
- − Mortgage interest
- −$7,002
- − Property taxes
- −$3,852
- − Insurance
- −$625
- − Repairs & maintenance
- −$2,771
- − Management
- −$2,771
- − Depreciation
- −$3,636
- Taxable income
- $13,976
- Est. tax owed @ 24.0%
- −$3,354
- After-tax cash flow
- $11,662/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 6 photos
This property requires extensive repairs and updates, including major kitchen and bathroom repairs, to become move-in ready. Significant value can be added through cosmetic improvements and landscaping.
Repairs flagged
- Major Kitchen ceiling — Visible water damage
- Major Bathroom ceiling — Visible water damage
- Moderate Exterior siding — Weathered appearance
- Minor Carpeted flooring — Worn appearance
Value-add opportunities
- Both Paint touch-ups — Fresh paint can improve curb appeal and interior aesthetics ↑
- Both Landscaping — Well-maintained landscaping can enhance curb appeal and property value ↑
- Both Kitchen and bathroom repairs — Addressing water damage and repairs can increase the home's livability and value ↑
ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Sherman ISD
- NCES district ID
- 4840080
- Math proficiency
- 31% ▼ -9.00%
- Reading proficiency
- 37% ▼ -2.00%
- Median HH income
- $42,587
- Composite
- 28.79/100
- National rank
- #6665
- State rank
- #546 of 826 in TX
Livability — Sherman
- Score
- 61/100
- State rank
- #1027
- US rank
- #18243
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Sherman, TX
- County
- Grayson County · 134,540 people
- City population
- 54,936
- Metro
- Sherman-Denison, TX
- Population (ZIP)
- 26,594
- Household income
- $55,543
- Rent vs Own
- Severe rent burden
- 13% of renters
Population outlook (Grayson County) Hauer SSP2
- Today (2025)
- 134,540 people
- By 2030
- 138,653 · +3.1%
- By 2040
- 145,958 · +8.5%
- By 2050
- 151,218 · +12.4%
- By 2075
- 161,802 · +20.3%
- By 2100
- 159,036 · +18.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 49% Hispanic / Latino 32% Two or more races 17% Black 11%
- Hispanic origin (detail)
- Mexican 26%
- Common ancestry
- Slovak 2% Romanian 2% Lithuanian 1%
- Foreign-born
- 15% · Canada
- Languages at home
- 73% English-only · Spanish 24% German/W. Germanic 1% Other Indo-European 1%
Political lean MEDSL · Grayson
- 2024 margin
- Solid R (+54.3) · D 22.5% · R 76.7%
- 2008→2024 swing
- -16.4pp toward R · 2008: -37.9pp · 2024: -54.3pp
- All cycles
- 2024: R+54.3 2020: R+49.9 2016: R+53.1 2012: R+48.0 2008: R+37.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -69.00%
- Current HPI
- 276.5739
- Rent YoY
- ▼ -2.70%
- Metro
- Sherman-Denison, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-13.8% since first listed13 events — show timeline
- 2026-06-20 Relisted — NTREIS
- 2026-06-20 Relisted — NTREIS
- 2026-06-18 Contingent — NTREIS
- 2026-06-16 Contingent — NTREIS
- 2026-06-03 Price Changed $125,000 NTREIS
- 2026-06-03 Price Changed $125,000 NTREIS
- 2026-04-27 Price Changed $139,000 NTREIS
- 2026-04-27 Price Changed $139,000 NTREIS
- 2026-04-23 Listed $145,000 NTREIS
- 2026-04-15 Listed $145,000 NTREIS
- 2025-10-06 Sold (Public Records) — Public Records
- 2014-06-06 Sold (Public Records) — Public Records
- 1997-09-12 Sold (Public Records) — Public Records
Property tax history
+4.5%/yrLatest (2025): $3,852 · +5.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…