Metropolitan Area

Sherman, TX

Texas0
49
/100
Hold
#731 of 894 metros
Top 82% nationally for investing

Market Snapshot

$291,269
Median Home Price
14% above national median
$1,385/mo
Median Rent
0% below national median
5.71%
Rent-to-Price Ratio
Top 54% nationally
-$627
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$291,269
Down Payment (20%)$58,254
Loan Amount$233,015
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,385
Monthly P&I-$1,527
Est. Expenses (35%)-$485
Net Cash Flow-$627/mo
3.7%
Cap Rate (all cash)
-11.2%
Cash-on-Cash Return
5.71%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.7% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
49/100
49
Cash Flow(30%)
56/100

Based on 5.71% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
26/100

Based on -5.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
68/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-5.0% YoY)
  • -Negative cash flow at typical financing (-$627/mo)
  • -Negative leverage (cap rate 3.7% < mortgage rate 6.9%)

Counties in Sherman, TX

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Marquette, MI
Marquette, MI
69$257,860$1,4456.72%BuyView
Jasper, IN
Jasper, IN
69$246,716$1,2426.04%BuyView
Muskogee, OK
Muskogee, OK
69$159,251$9817.39%BuyView
Hobbs, NM
Hobbs, NM
69$202,522$1,4338.49%BuyView
Storm Lake, IA
Storm Lake, IA
69$190,674Est.BuyView
Current
Sherman, TX
49$291,269$1,3855.71%Hold

The Bottom Line

HoldSherman, TX is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Sherman, TX metro area scores 49/100, ranking #731 of 894 US metros (top 82%). The 5.71% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-627/mo
Cap Rate
3.7%
Cash-on-Cash
-12.9%

Ready to Invest in Sherman, TX?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets