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Days2149Days on Market
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$229,000

$240,000

1509 Fairway Dr, Sherman, TX, 75090

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,542 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.51 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size7,148 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN153A6783024
Lot Number8
SubdivisionDiamond Tee Estates
Land UseResidential
Legal DescriptionDIAMOND TEE ESTATES, BLOCK 2, LOT 8
Census Tract001500
Assessed Land Value$52,263
Assessed Improvement Value$192,953
Assessment Year2025

About this property

Comfort, convenience, and everyday functionality come together in this inviting 3-bedroom, 2-bath home offering approximately 1,542 square feet of living space. The thoughtfully designed floor plan provides comfortable living areas with plenty of room to relax, work, or entertain. The kitchen offers ample cabinet and counter space and flows easily into the dining and living areas, creating a layout that fits today's lifestyle. The primary suite features a private bath, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. An attached two-car garage adds convenience, and the backyard offers space to enjoy outdoor living, gardening, or weekend gatherings. Ideally located with easy access to shopping, dining, schools, parks, and major roadways, this home provides a convenient location for commuting and everyday errands. Whether you're searching for your first home, looking to downsize, or adding to your investment portfolio, this Sherman property is ready for its next chapter. Schedule your private showing today! Seller requires property to be listed in MLS for a minimum of 7 days prior to any offer acceptance. If you have questions about this home, please contact the listing agents Sharon Bartlett or Charles Honeycutt at Seeto Realty.

Investor Tools

$223,009,162Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,471 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Sharon Bartlett

Seeto Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,199
$245,216
2025
$52,263
$192,953
$245,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,199
$245,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commonwealth Annuity And Life Insurance
Commercial
$250,000,000
No
First
Oct 29, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,009,162
N/A
0%
90944%
$1,498,877/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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1509 Fairway Dr | Property Details | No Agent List