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$283,000

NAL Estimated Property Value

1822 Skyline Drive, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.41 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,283 sqft

Building Information

Year Built1976
Garage Spaces3

Land Information

APNS016 228900903
Lot Number5
SubdivisionWestern Hills Addn Sec4(Rp)
Land UseResidential
Legal DescriptionWESTERN HILLS ADDN SEC4(RP), BLOCK 11, LOT 5, ACRES .2131
Census Tract001200
Assessed Land Value$66,288
Assessed Improvement Value$232,137
Assessment Year2025

About this property

**$2500 towards buyer's closing costs** What a pretty lot! As you pull up to this home you will be welcomed by nice looking landscape with trees & a flagstone pathway leading to the front door. This 3 BR 2.5BA with a 2-car garage & a double car port is located in an established neighborhood, close to shopping, dining & parks. Home has been well maintained with updates to the kitchen which offers lots of cabinet space, updated bathrooms, new roof & privacy fence within the last 4 months. Dining room was used as an office. There’s access to deck from the master bedroom & living room. Survey has been recently updated. All information deemed reliable, but not guaranteed & should be independently verified.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$170,698Estimated Mortgage Balance
$112,302Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,128
$278,285
2025
$66,288
$232,137
$298,425
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,128
$278,285

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$195,360
No
First
Dec 3, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,698
$112,302
39%
60%
$1,172/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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1822 Skyline Drive | Property Details | No Agent List