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$170,000

127 Kennedy Rd, Sherman, TX, 75092

$221,000 ARVInfo
On MarketInfo
Just AddedInfo
Baths0 Bath
Baths1,400 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2016

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size1.22 acres

Building Information

Year Built2016
Garage Spaces2

Land Information

APN208A658301801
SubdivisionLaughlin Acres S/D
Land UseResidential
Legal DescriptionLAUGHLIN ACRES S/D, MH SN OC011729014A/B, ACRES 1.2211, MH LABEL# NTA1729879 MH SN OC011729014A/B
Census Tract001901
Assessed Land Value$86,569
Assessed Improvement Value$146,195
Assessment Year2025

About this property

2.66-acre unimproved tract on a cul-de-sac in southwest Sherman, offering an acreage homesite outside the city limits with no HOA. Open land provides flexibility for a custom home, shop, barn, workshop, outdoor living spaces, equipment storage, parking, or additional improvements, subject to buyer verification of applicable requirements. Conveniently located near US-75 with easy access to Sherman, Denison, Lake Texoma and the Dallas-Fort Worth area. Property is positioned near major employment and investment growth in Sherman, including Texas Instruments, GlobalWafers and other expanding industrial and manufacturing operations. A rare opportunity to secure acreage with room to build and expand while remaining close to major highways, employment centers, shopping, dining and regional amenities. Ideal for buyers seeking land for a custom home, acreage property, build-to-suit opportunity or long-term investment.

Investor Tools

$34,994Estimated Mortgage Balance
$197,770Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$221,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,397 /month
Positive
Cash Flow Estimate:
$466 /month

Interested in this property?

Lisa Carson

HBL, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,828
$232,764
2025
$86,569
$146,195
$232,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,828
$232,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerigroup Mortgage Corp
Va
$55,621
Yes
First
Mar 10, 2012
Apr 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,994
$197,770
84%
15%
$235/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: Sherman

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127 Kennedy Rd | Property Details | No Agent List