$80,000
SOLD DEC 2, 2024
Last list price

708 S Montgomery St Sherman, TX 75090

0.24 Acre
$331,950 Price per Acre
10,498 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

124 Days on Market

About This Lot

As of December 2024

Prime Location for Multi-Family Development in Sherman

This is an excellent opportunity for investors to build a new Multi-Family property in the heart of Sherman. The location is unbeatable—close to everything, and just minutes from Sherman’s historic square. With a surge of people moving to the area due to the major expansions at Texas Instruments and Global Wafers, the demand for housing is on the rise. Take a look and envision the endless possibilities this property offers!

Last Agent to Sell the Property

Bill Lee

eXp Realty LLC Brokerage Phone: 903-327-2485 License #0633076 Listed on: 07/02/2024

eXp Realty LLC

Last Buyer's Agent

Adeyinka Filani

eXp Realty LLC License #0818383

eXp Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,527

Lot Details

  • 10,498 Sq Ft Lot
  • Interior Lot
  • Zoning described as Multi-Family

Schools

  • Washington Elementary School
  • Piner Middle School
  • Sherman High School

Utilities

  • Cable TV Available

Community Details

  • Rivera & Cintron Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 441218
  • $1,309 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$1,527

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Unknown Encumbrance(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 903-327-2485
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Soil Type: Unknown

Utilities

  • Utilities: All Weather Road, Cable Available, City Sewer, City Water, Electricity Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed, Zoned

Schools

  • School District: Sherman ISD
  • Elementary School: Washington

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.2410
  • Parcel Number: 441218
  • Lot Size Acres: 0.2410
  • Lot Size Sq Ft: 10497.9600
  • Zoning Description: Multi-Family
  • Possible Use: Multi-Family
  • Present Use: Unimproved, Vacant

Tax Info

  • Unexempt Taxes: 1309
  • TaxBlock: 3
  • Tax Lot: 3

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Washington
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Dec 2, 2024
Sold by
S Montgomery Llc
Bought by
Alpha Rock Holdings Llc
Seller's Agent
Bill Lee
eXp Realty LLC
Buyer's Agent
Adeyinka Filani
eXp Realty LLC
List Price
$80,000
Views
3
Current Estimated Value
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 6, 2021
Sold by
Walter Ventura
Bought by
Rivera & Cintron Limited Liability Compa
Seller's Agent
Rafael Rodriguez
Ebby Halliday Realtors
Buyer's Agent
Diana Gomez
EXP REALTY
List Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%

Purchase Details

Closed on
Aug 30, 2018
Sold by
Schma Peter
Bought by
Ventura Walter

Purchase Details

Closed on
May 31, 2005
Sold by
Wise Eugene B
Bought by
Schma Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Red River Title
Warranty Deed -- New Title Company Name
Warranty Deed -- None Available
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold -- -- --
11/04/2024 11/04/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $80,000 +14.3% $25 / Sq Ft
07/17/2023 07/17/23 Sold -- -- -- View Prior Sale
06/09/2023 06/09/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $70,000 0.0% $22 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $70,000 +55.6% $22 / Sq Ft
08/09/2021 08/09/21 Sold -- -- -- View Prior Sale
07/23/2021 07/23/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $45,000 -- $14 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,527 $73,500 $73,500 --
2024 $1,527 $69,615 $69,615 $0
2023 $1,226 $55,860 $55,860 $0
2022 $1,171 $49,980 $49,980 $0
2021 $578 $23,730 $23,730 $0
2020 $2,451 $97,794 $19,425 $78,369
2019 $2,378 $88,230 $10,395 $77,835
2018 $1,686 $62,541 $8,400 $54,141
2017 $1,362 $54,303 $5,880 $48,423
2016 $1,354 $54,406 $5,880 $48,526
2015 $0 $58,850 $5,880 $52,970
2014 -- $61,559 $5,880 $55,679
Source: Public Records

Agents Affiliated with this Home

  • Bill Lee

    Seller's Agent in 2024

    Bill Lee

    eXp Realty LLC

    (903) 327-2485

    24 Total Sales

    Bill Lee
    Section Image

  • A

    Buyer's Agent in 2024

    Adeyinka Filani

    eXp Realty LLC

    (817) 630-1645

    11 Total Sales

    Adeyinka Filani
    Section Image
  • Diana Gomez

    Seller's Agent in 2023

    Diana Gomez

    EXP REALTY

    (925) 899-6402

    58 Total Sales

    Diana Gomez
    Section Image
  • Rafael Rodriguez

    Seller's Agent in 2021

    Rafael Rodriguez

    Ebby Halliday

    (903) 893-5921

    50 Total Sales

    Rafael Rodriguez
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20657310

North Texas Real Estate Information Systems (NTREIS)

APN: 163560

Texas Grayson County Sherman 75090

708 S Montgomery St, Sherman, TX

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