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$399,900

1806 Carriage Estates Rd, Sherman, TX, 75092

$406,356 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,514 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.07 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesFire Pit
Lot Size1.49 acres

Building Information

Year Built2005
Garage Spaces4

Land Information

APN137A660801501
Lot Number15
SubdivisionCarriage House Estates
Land UseResidential
Legal DescriptionCARRIAGE HOUSE ESTATES, LOT 15 & PT 16, ACRES 1.49
Census Tract001101
Assessed Land Value$178,487
Assessed Improvement Value$276,066
Assessment Year2025

About this property

Nestled among mature trees on a beautiful 1.5-acre lot, this spacious property offers a peaceful setting with plenty of room to enjoy. The 2,500 square foot home features 3 bedrooms, 2.5 baths, two living areas, two dining areas, and a versatile bonus room ideal for a home office, hobby space, or flex room. An oversized garage provides excellent additional storage, and the circle drive offers convenient access. An extra carport adds even more covered parking. Relax on the screened-in back porch or the rear deck overlooking a gorgeous backyard filled with mature trees that provide shade, privacy, and a serene atmosphere. The outdoor fire pit is perfect for gatherings, and the expansive yard offers endless possibilities—including space for a future swimming pool or custom outdoor entertaining area. With its beautiful grounds, mature trees, privacy, and spacious layout, this property delivers a rare combination of acreage and convenience while still being close to shopping, dining, and everyday amenities. A wonderful opportunity to own a well cared for home on an exceptional lot at a great value!

Investor Tools

$127,522Estimated Mortgage Balance
$327,031Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$406,355
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,727 /month
Positive
Cash Flow Estimate:
$909 /month

Interested in this property?

Amber Carter

Butch Fife, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,144
$454,553
2025
$178,487
$276,066
$454,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,144
$454,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$184,500
No
First
Feb 13, 2013
Mar 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,522
$327,031
71%
28%
$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.

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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1806 Carriage Estates Rd | Property Details | No Agent List