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A+
NoAgentList RatingHow are grades calculated? Info

$500,000

1602 Carriage Estates Road, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.67 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size1.02 acres

Building Information

Year Built1977
Garage Spaces2

Land Information

APN137A120900102
SubdivisionThompson William A-G1209
Land UseResidential
Legal DescriptionG-1209 THOMPSON WILLIAM A-G1209, ACRES 1.018
Census Tract001101
Assessed Land Value$130,372
Assessed Improvement Value$402,114
Assessment Year2025

About this property

You have arrived JUST IN TIME! This beautiful setting was made for FALL! Enjoy your coffee in the morning or drinks in the evening on the back deck that OVERLOOKS A BREATHTAKING GREENBELT. Well maintained home with SPACIOUS master suite. HUGE walk-in closet as well as a cedar closet. 3 beds,2 baths on other side of house. Amazing RETRO wallpaper in some rooms (it's back in style!) $5000 flooring allowance. Come and check it out!!!

Investor Tools

Property Icon
$500,000
Estimated Property Value
$0Estimated Mortgage Balance
$253,660Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$825/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,395
$482,812
2025
$130,372
$402,114
$532,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,395
$482,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$275,600
No
First
Nov 20, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,340
$253,660
50%
49%
$1,653/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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1602 Carriage Estates Road | Property Details | No Agent List