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Days56Days on Market
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$297,000

1202 Southridge Lane, Sherman, TX, 75092

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.99 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size9,017 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN155 7831077
Lot Number19
SubdivisionBrookstone Estates Addition
Land UseResidential
Legal DescriptionBROOKSTONE ESTATES ADDITION, BLOCK E, LOT 19, ACRES .207
Census Tract001700
Assessed Land Value$57,257
Assessed Improvement Value$268,756
Assessment Year2025

About this property

Discover the potential at 1202 Southridge Lane in Sherman! This unique property offers 1,768 square feet of space, four bedrooms, and two baths on a spacious 9,017 square foot lot. Conveniently located near amenities, shopping, and dining, the property invites you to unleash your creativity. The expansive lot is a blank canvas for landscaping, gardening, or outdoor entertaining. With its prime location and endless possibilities, 1202 Southridge Lane is your opportunity to tailor a living space that reflects your style and preferences. Don't overlook the chance to turn this property into a truly exceptional space!

Investor Tools

$0Estimated Mortgage Balance
$326,013Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

Interested in this property?

DEBBIE HUDNALL

PARAGON, REALTORS

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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
$6,896
$326,013
2025
$57,257
$268,756
$326,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,896
$326,013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$326,013
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Sherman

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1202 Southridge Lane | Property Details | No Agent List