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$451,186

1658 Reynolds Ln, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,400 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$160.42 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size10 acres

Building Information

Year Built2018
Garage Spaces3

Land Information

APN121A132500207
SubdivisionWatkins W A A-G1325
Land UseResidential
Legal DescriptionG-1325 WATKINS W A A-G1325, ACRES 10.0, LABEL# NTA1837128, HUD#2 NTA1837129; SN1 L114167A; SN2 L114167B
Census Tract001101
Assessed Land Value$272,000
Assessed Improvement Value$179,186
Assessment Year2025

About this property

Spacious 2020 manufactured home on 10 acres. The home features a large front porch, 2 living rooms, one with a wood burning fireplace, a master suite with an oversized garden tub, separate vanities and separate walk-in closets. The kitchen features a breakfast bar, plenty of cabinets for storage, and a pantry. On the other side of the home, you will find 3 additional bedrooms with spacious closets, 1.5 bathrooms, plenty of storage closets, a built-in desk, and large laundry room. Outside you will find a 24x30 steel barn that could be used for covered parking or a dream workshop. RV site with 30-amp meter. The property is fenced and cross fenced. The back of the property has plenty of timber and has a creek flowing through. Perfect for hunting and exploring. No known restrictions or flood zone. True country living only minutes from shopping, dining, parks, major Highways for easy commuting, Lake Texoma, and Hagerman National Wildlife Refuge. QUALIFIES FOR ASSUMABLE LOAN! FHA 3.75 INTEREST RATE!

Investor Tools

Property Icon
$451,186
Estimated Property Value
$314,200Estimated Mortgage Balance
$163,721Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,707 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$724/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,427
$451,186
2025
$272,000
$179,186
$451,186
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,427
$451,186

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$314,200
Yes
First
Nov 22, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,465
$163,721
36%
64%
$1,884/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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1658 Reynolds Ln | Property Details | No Agent List