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$384,900

1609 Pecan Grove Rd E, Sherman, TX, 75090

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,019 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.64 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate, Slate

Exterior

Lot Size9,583 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN119 6928059
Lot Number3
SubdivisionPecan Grove Village Rplt Lt 3 Gallagher
Land UseResidential
Legal DescriptionPECAN GROVE VILLAGE RPLT LT 3 GALLAGHER PARK ADDN, BLOCK G, LOT 3, ACRES .22
Census Tract000903
Assessed Land Value$96,119
Assessed Improvement Value$292,010
Assessment Year2025

About this property

WELCOME HOME to your spacious, 3 bedroom, 2 bath home in an EXCELLENT neighborhood! The home features an OPEN FLOOR PLAN with high ceilings and PLENTY OF LIGHT! The living room has a wall of windows looking into the backyard, a wood burning fireplace and built-in bookcase. It is open to the kitchen and the formal dining room! The kitchen has granite counter tops with a high top bar, brand new stainless dishwasher and microwave as well as a like-new electric range-I don't think the oven has EVER been used! The primary bedroom is on one side of the living area and the other two bedrooms are on the other side. Great for privacy!! The primary has a large ensuite that offers two walk-in closets, a jetted tub and a beautiful, NEW shower (October, 2026), plus, double sinks and a private water closet. One of the other bedrooms has been used as an office and has BUILT IN BOOKCASES on both sides. Next to it is the third bedroom and a shared bathroom in the hall. The HVAC was installed in June of 2024 and hot water heater in 2021. New flooring was installed in the living area and primary bedroom and 3rd bedroom in October, 2026. The office-bedroom is the only room that has carpet. The kitchen, breakfast room and entry have slate tile, a durable, natural stone in rich colors! The outside trim, doors and garage door were painted in July 2026 and a NEW ROOF will be installed prior to closing! All that you will need to do is bring your FAMILY, your belongings and MOVE RIGHT IN! The home is close to restaurants, shopping, churches, 2 elementary schools, medical services and highways to take you to Dallas or Oklahoma. Lake Texoma is a short distance away for boating, swimming and fun in the sun! A MUST SEE GEM of a home waiting for just the right family to make new memories in it!!! Come and check it out ASAP!!

Investor Tools

Property Icon
$385,000
Estimated Property Value
$140,000Estimated Mortgage Balance
$328,240Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Elaine Wilson

C-21 DEAN GILBERT, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,969
$362,615
2025
$96,119
$292,010
$388,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,969
$362,615

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Manhattan Mortgage Corp
Unknown
$140,000
No
First
Dec 1, 2004
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,760
$328,240
85%
15%
$0/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.

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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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