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$378,845

1 W Sharon Drive, Krum, TX, 76249

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,646 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.56 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Exterior FeaturesAwning(s), Private Yard, Storage
Lot Size10,202 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR101716
Lot Number1
SubdivisionHomeplace Addn Ph 2
Land UseResidential
Legal DescriptionHOMEPLACE ADDN PH 2 BLK B LOT 1
Census Tract020207
Assessed Land Value$74,400
Assessed Improvement Value$304,445
Assessment Year2025

About this property

Beautiful home with OPEN floor plan ready for Entertaining. Large Livingroom with fireplace! Fresh paint and blinds! I hope you like to cook! The kitchen is ready for a chef, with extended breakfast bar and TWO range ovens. Appliances are less than 3 years old. This home provides 3 bedrooms and 2 bathrooms, 2nd bathroom with MASSIVE soaker tub and recent updates! SOLOR PANALS ADDED for HUGE SAVINGS in electricity! Some other features to note are LOTS of Natural lighting, a tankless water heater, and plenty of storage space are BONUSES you will find. NICE SIZE corner lot with a HUGE 24x24 workshop that includes electricity and extra parking! Garage is air conditioned with enclosed breezeway. Outside you will find a nice size PRIVATE yard with covered patio, plenty of space for all your patio furniture and BBQ GRILL! PERFECT entertaining space for TEXAS evenings! NOT to miss there is also a 15X15 barn style storage building in the corner of the back yard! COME CHECK IT OUT!!

Investor Tools

Property Icon
$378,845
Estimated Property Value
$0Estimated Mortgage Balance
$94,724Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,273 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,293
$378,845
2025
$74,400
$304,445
$378,845
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,293
$378,845

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$306,000
No
First
Jul 13, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,121
$94,724
25%
75%
$1,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,835/mo
+$285/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Krum

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1 W Sharon Drive | Property Details | No Agent List