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$224,999

1326 E Sherman Dr, Denton, TX, 76209

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.95 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal
FlooringHardwood, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Garage Spaces2

About this property

Incredible opportunity on the north side of Denton! Situated on a spacious corner lot measuring over one-third of an acre, this property offers the space, location, and solid bones to bring your vision to life. Whether you're an investor looking for your next value-add project or a homebuyer searching for a property you can transform into your dream home, this one is full of potential! This three-bedroom, two-bath home features a spacious layout with an abundance of closet and storage space throughout. The floor plan offers multiple living areas, a formal dining room, and a separate breakfast area, providing plenty of flexibility for today's lifestyle. The large garage offers additional storage and workspace, adding even more functionality to the property. Pier-and-beam foundation, this home provides a great opportunity for a buyer with vision to reimagine and tailor the space to their own needs, style, and preferences. The property features an abundance of original hardwood floors that could potentially be refinished to create a beautiful, timeless look and add character throughout the home. Imagine taking this solid home and transforming it into something truly special. With thoughtful updates, modern finishes, and your own personal design, this property has the potential to become a beautiful, one-of-a-kind home. The spacious lot provides plenty of room for a large yard, additional parking, outdoor entertaining, or future possibilities. This property may also be a great opportunity for a qualified buyer utilizing an FHA 203(k) renovation loan, subject to lender approval and program guidelines. Investors and buyers with a creative eye will appreciate the opportunity to add value and make this home their own. Priced to sell and offering a rare combination of a large corner lot, spacious floor plan, solid construction, and tremendous potential, this is an opportunity you won't want to miss. Bring your vision, creativity, and imagination and unlock the possibilities

Investor Tools

Property Icon
$293,000
Estimated Property Value
$20,000Estimated Mortgage Balance
$290,106Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

Interested in this property?

Chris Decoste

Chris DeCoste Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

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: Denton

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1326 E Sherman Dr | Property Details | No Agent List