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For sale
    • Price cut: $5K (7/20)
    $175,000

    510 S 1st St, Sherman, TX 75090

    3beds
    1,048sqft
    : 
    $1,320/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    3,876 Square Feet Lot
    $171,500 Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Modern fixturesModern upgradesUpdated lightingStainless steel appliancesBright and welcoming atmosphereGranite countertopsSubway tile backsplash
    Fantastic investment opportunity BELOW MARKET VALUE—perfect for investors seeking immediate cash flow! This 3-bedroom, 2-bath property is tenant-occupied at $1,450 per month through April 2027, making it a turnkey addition to your rental portfolio. Welcome to this beautifully remodeled home featuring modern upgrades and a brand-new HVAC system. This home offers a fresh, contemporary feel with new luxury vinyl plank wood-style flooring throughout, providing both style and durability. The fully updated kitchen includes granite countertops, stainless steel appliances, a subway tile backsplash, and crisp white cabinetry, making it ideal for both everyday living and entertaining. Both bathrooms have been tastefully renovated, and the home features updated lighting and modern fixtures. The spacious primary bedroom provides a comfortable retreat, while the secondary bedrooms offer flexibility to suit your needs. They can easily serve as guest rooms, a home office, hobby room, or additional flex space depending on your lifestyle. Thoughtful updates throughout create a bright and welcoming atmosphere. With quality renovations and modern finishes, this home offers the perfect combination of style, comfort, and functionality. This property is available for individual sale as well as offered as part of an Investor Package Deal.
    142 days
    |
    143
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mallory Adams 0746744 972-480-8280,

    OmniKey Realty, LLC. 972-480-8280

    Source: NTREIS,MLS#: 21206391

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Dimensions: 14 x 16
      Primary bathroom
      • Features: Built-in Features, En Suite Bathroom
      • Level: First
      • Dimensions: 5 x 8
      Living room
      • Level: First
      • Dimensions: 12 x 18
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
      • Laundry: Washer Hookup, Dryer Hookup
      Features
      • Built-in Features, Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Other, Cable TV
      • Flooring: Luxury Vinyl Plank
      • Windows: Window Coverings
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,048 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, No Garage, Off Street
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch
      • Pool features: None
      • Fencing: Back Yard,Fenced,Wood
      Lot
      • Size: 3,876 Square Feet
      Details
      • Parcel number: 164108

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Detached
      • Property subtype: Single Family Residence
      Materials
      • Roof: Composition
      Condition
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Water Available, Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Grays G Y 1st Add Suppl
      HOA
      • Has HOA: No
      Location
      • Region: Sherman

      Financial & listing details

      • Price per square foot: $167/sqft
      • Tax assessed value: $146,568
      • Annual tax amount: $3,215
      • Date on market: 3/15/2026
      • Cumulative days on market: 143 days
      • Listing terms: Cash,Conventional,FHA,Other,VA Loan
      • Exclusions: Tenant belongings (as applicable) fridge, washer, dryer. etc. Current lease through 4-30-27 at $1450 per month.

        Estimated market value

        $171,500

        $163,000 - $180,000

        $1,258/mo

        Price history

        DateEventPrice
        7/20/2026Price change$175,000-2.8%$167/sqft
        Source: NTREIS #21206391 Report a problem
        5/29/2026Price change$180,000-2.7%$172/sqft
        Source: NTREIS #21206391 Report a problem
        4/1/2026Price change$185,000-2.6%$177/sqft
        Source: NTREIS #21206391 Report a problem
        3/19/2026Listing removed$1,475$1/sqft
        Source: Zillow Rentals Report a problem
        3/15/2026Listed for sale$190,000+31%$181/sqft
        Source: NTREIS #21206391 Report a problem
        2/23/2026Listed for rent$1,475+3.5%$1/sqft
        Source: Zillow Rentals Report a problem
        5/30/2025Listing removed$1,425$1/sqft
        Source: Zillow Rentals Report a problem
        5/13/2025Price change$1,425-1.7%$1/sqft
        Source: Zillow Rentals Report a problem
        5/6/2025Price change$1,450-1.7%$1/sqft
        Source: Zillow Rentals Report a problem
        4/25/2025Price change$1,475-1.6%$1/sqft
        Source: Zillow Rentals Report a problem
        4/18/2025Price change$1,499-1.7%$1/sqft
        Source: Zillow Rentals Report a problem
        4/10/2025Price change$1,525-1.6%$1/sqft
        Source: Zillow Rentals Report a problem
        3/19/2025Listed for rent$1,550+31.9%$1/sqft
        Source: Zillow Rentals Report a problem
        3/5/2025Sold--
        Source: NTREIS #20822347 Report a problem
        2/3/2025Pending sale$145,000$138/sqft
        Source: NTREIS #20822347 Report a problem
        1/31/2025Contingent$145,000$138/sqft
        Source: NTREIS #20822347 Report a problem
        1/21/2025Listed for sale$145,000$138/sqft
        Source: NTREIS #20822347 Report a problem
        1/29/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        12/25/2020Listed for rent$1,175+7.3%$1/sqft
        Source: Go Section8 Report a problem
        9/8/2020Listing removed$1,095$1/sqft
        Source: Go Section8 Report a problem
        8/7/2020Listed for rent$1,095-2.7%$1/sqft
        Source: Go Section8 Report a problem
        4/11/2020Listing removed$1,125$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/9/2020Listed for rent$1,125$1/sqft
        Source: Zillow Rental Manager Report a problem
        12/2/2019Listing removed$1,125$1/sqft
        Source: Zillow Rental Manager Report a problem
        11/30/2019Listed for rent$1,125$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/1/2018Sold--
        Source: Agent Provided Report a problem
        5/3/2018Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,215 +10.1%$146,568 +10.1%
        2024$2,919 -2.6%$133,099 -2.5%
        2023$2,996 -4.2%$136,447 +2.3%
        2022$3,127 +40.1%$133,427 +41.9%
        2021$2,232 $94,029 +5.6%
        2020-- $89,069 +27.2%
        2019$1,837 -12.1%$70,000 -11.4%
        2018$2,091 +77.5%$79,026 -10.6%
        2017$1,178 $88,428 +12.5%
        2016$1,178 +7.8%$78,603 +52.1%
        2015$1,092 $51,675 +4.6%
        2014$1,092 $49,382 -1.8%
        2013-- $50,268 -0.9%
        2012-- $50,747 +0.9%
        2011-- $50,283 -24.8%
        2010-- $66,844 -9.5%
        2009-- $73,882
        2008-- $73,882 +9750.9%
        2007-- $750 -50%
        2006-- $1,500
        2005-- $1,500
        2004-- $1,500
        2002-- $1,500
        2001-- $1,500
        2000-- $1,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 75090

        Getting around

        52 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Washington
        • Middle: Piner
        • High: Sherman
        • District: Sherman ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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