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$174,000

1701 Verdi Lane, Sherman, TX, 75090

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size20,591 sqft

Land Information

APN102 6955008
Lot Number8
SubdivisionVista Norte Addn Phase One
Land UseResidential
Legal DescriptionVISTA NORTE ADDN PHASE ONE, BLOCK A, LOT PT 8 & PT 9, ACRES 0.4727
Census Tract000903
Assessed Land Value$52,507
Assessment Year2025

About this property

Rare opportunity to own a .47-acre pie-shaped lot tucked away on a quiet cul-de-sac in the beautiful Vista Norte neighborhood. With mature trees and plenty of space, this property offers the perfect setting to design and build your dream home. Bring your builder and take advantage of the natural beauty and privacy this lot provides.

Investor Tools

$16,797Estimated Mortgage Balance
$155,203Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,044 /month
Positive
Cash Flow Estimate:
$348 /month

Interested in this property?

Keller Williams Realty Allen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,377
$52,507
2025
$52,507
N/A
$52,507
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,377
$52,507

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Landmark Bank
Unknown
$33,600
No
First
Feb 20, 2007
Feb 2010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,797
$155,203
90%
10%
$202/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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1701 Verdi Lane | Property Details | No Agent List