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$700,000

NAL Estimated Property Value

1081 Lake Sheridan Rd, Out of State, TX, 77475

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths2,475 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.88 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Free-Standing Range
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRV Hookup
Lot Size21,780 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN2038422100100
SubdivisionA-384 Lidstrand-Anderson
Land UseResidential
Legal DescriptionA-384 LIDSTRAND-ANDERSON TR PT 21,22 .500 AC HOUSE, BLDGS & POOL
Census Tract750300
Assessed Land Value$11,500
Assessed Improvement Value$421,960
Assessment Year2025

About this property

Fabulous property in Sheridan just on the market! The owners of this custom beautiful 4-bd, 4 ba home, on 10.22 ac w/swimming pool, have thought of so many features a buyer would want. From silestone counter tops & custom cabinets w/ under cabinet lighting to 3 pantry areas! There are 2 master suites, 3rd bedroom also w/private bathroom! The pool house is awesome for entertaining with built in outdoor kitchen area, huge media room complete with murphy beds for extra guests and full bathroom!Guest Accommodations: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$700,000
Estimated Property Value
$134,955Estimated Mortgage Balance
$565,045Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,032
$433,460
2025
$11,500
$421,960
$433,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,032
$433,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hunter Financial Group Llc
Conventional
$222,000
No
First
Mar 15, 2010
Apr 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,955
$566,045
80%
19%
$0/mo

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.

Explore Texas Explore This Area
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: Out of State

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