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$205,000

112 Pine Ridge Cir, Southmayd, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,328 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$154.37 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size28,009 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN157D6822019
Lot Number11
SubdivisionCountry Meadows Estates Sec 2
Land UseResidential
Legal DescriptionCOUNTRY MEADOWS ESTATES SEC 2, BLOCK 3, LOT 11, ACRES .643, MH LABEL# HWC0268631 / HWC0268632
Census Tract001101
Assessed Land Value$85,708
Assessed Improvement Value$139,419
Assessment Year2025

About this property

MOTIVATED SELLER reflected in new lower pricing! Experience peaceful country living just minutes from downtown Sherman. This charming 3-bedroom, 2-bath home sits on just over a half acre in Country Meadows Estates and offers an ideal setting for a homestead or quiet retreat. The interior features nearly new appliances, including a refrigerator, and a cozy wood-burning fireplace with blower fan. The spacious backyard is a blank canvas—perfect for a garden, or outdoor recreation. A new two-car carport and an electric-equipped storage shed add convenience and function. With no HOA and wonderful neighbors, you have the flexibility to create the lifestyle you want. Located just 5 miles from downtown Sherman and 7 miles from major shopping and dining, and zoned to S&S Consolidated ISD. Schedule your private showing today and explore the possibilities at 112 Pine Ridge Circle.

Investor Tools

Property Icon
$225,127
Estimated Property Value
$215,033Estimated Mortgage Balance
$21,228Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,351 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,371
$225,127
2025
$85,708
$139,419
$225,127
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,371
$225,127

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$215,033
Yes
First
Aug 30, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,899
$21,228
9%
91%
$1,290/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.

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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: Southmayd

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