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405 N Carr Ave, Sherman, TX, 75090

2beds
1baths
832sqft
$145,000
$174price/sqft
$1,393/moest. monthly cost
$55,720/yrincome needed

About This Home

Charming 2-bedroom, 1-bath home featuring modern upgrades and a beautiful deck overlooking your spacious backyard—perfect for comfortable living, entertaining, or investment potential. This inviting home offers a great blend of style, functionality, and low-maintenance living, making it ideal for first-time buyers, downsizers, or investors seeking a solid rental opportunity. Step inside to find durable luxury vinyl plank flooring throughout (NO CARPET!) The updated kitchen features stainless steel appliances, modern cabinetry, and ample counter space—perfect for everyday cooking and appeal. The open and welcoming living areas create a seamless flow, making it easy to relax or entertain guests. The primary bedroom is complete with a spacious walk-in closet while the secondary bedroom offers flexibility for a home office, guest space, or flex space to fit your needs. Step outside to enjoy the backyard deck overlooking your spacious private backyard—an ideal space for outdoor dining, entertaining, or relaxing. With its updated features and functional layout, this property presents a strong opportunity as a rental investment or long-term home. Conveniently located near shopping, dining, and major highways, it offers both lifestyle convenience and investment potential. This property is also offered as part of an Investor Package Deal. Contact Listing Agent for more info.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

3/10
4/10
Sherman MiddleGrades 6-80.4 mi
5/10
Sherman High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1964

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Microwave
  • Laundry features: Washer Hookup,Dryer Hookup,In Kitchen

Bedroom

  • Level: First
  • Dimensions: 0 x 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Built-in Features,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Cable TV,Walk-In Closet(s)
  • Window features: Window Coverings
  • Flooring: Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 832 sqft

Kitchen

  • Features: Built-in Features,Eat-in Kitchen,Stone Counters
  • Level: First
  • Dimensions: 0 x 0

Living Room

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Dimensions: 0 x 0

Other

  • Features: Built-in Features,Stone Counters
  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 160853
  • Exclusions: Current tenant belongings (if applicable) fridge,washer and dryer. Tenant occupied with current lease through 8-31-26 at $1225 per month.

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Rear Porch,Front Porch,Covered
  • Exterior features: Private Yard,Rain Gutters,Storage
  • Fencing: Back Yard,Fenced

Lot

  • Lot size: 9,016 sqft
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Concrete,Door-Multi,Driveway,Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Tornado
Cold Wave
Hail
Ice Storm
Strong Wind

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $733$8,796
Home Insurance *$154$1,848
Property Taxes $268$3,216
Electricity $238$2,859
Total$1,393$16,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,760/yr
40% on housing$41,790/yr
45% on housing$37,146/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.0%
4.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$174This listing

vs Other Active Listings

Avg $/sqft

ZIP 75090$123
Grayson County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 75090$157
Grayson County$164

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-02Listed for sale$157,500
2025-12-17Listing removed$1,225
2025-12-01Price change$1,225
2025-11-25Price change$1,250
2025-11-10Price change$1,275
2025-10-31Price change$1,300
2025-10-20Price change$1,325
2025-10-03Listed for rent$1,350
2024-05-31Listing removed--
2024-05-09Listed for rent$1,375
2023-07-27Listing removed--
2023-06-08Listed for rent$1,290
2021-08-23Sold--

For Sale by Agent

AgentMallory Adams
BrokerageOmniKey Realty, LLC.

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