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$274,000

120 Ridgeview Rd, Sherman, TX, 75092

$356,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.78 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet

Exterior

Lot Size36,982 sqft

Building Information

Garage Spaces9

Land Information

APN156A8368002
Lot Number1
SubdivisionMeyers Commercial Addn Replat Of Lot 1 T
Land UseResidential
Legal DescriptionMEYERS COMMERCIAL ADDN REPLAT OF LOT 1 TIMBER VIEW ESTATES, LOT 2, ACRES .849
Census Tract001101
Assessed Land Value$171,968
Assessed Improvement Value$58,207
Assessment Year2025

About this property

The seller is having the foundation repaired and it will have a lifetime warranty. This 80's model home is looking for its new groovy owners. This three bedroom, two and a half bath has a huge bonus room over the garage. Situated on just over 1 acre for endless possibilities. You could add a pool or workshop in the back and still have room to spare. Located close to the new Sherman High School, Globitech and T.I. You will have easy access to all that Sherman has to offer. 120 Ridgeview Rd has three bedrooms and two baths and a massive game room above the garage. I can't wait to see what the new owners do with this property!! Call your favorite REALTOR® today and check out this super cool property!! The two detached garages and extra lot are not part of this sale. See supplements for the survey.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$0Estimated Mortgage Balance
$274,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$356,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,989
$218,252
2025
$171,968
$58,207
$230,175
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,989
$218,252

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Sherman

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120 Ridgeview Rd | Property Details | No Agent List