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$279,000

2016 Oak Creek Drive, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.68 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1,681 sqft

Building Information

Garage Spaces2

Land Information

APNS015 237403301
SubdivisionCanyon Creek West
Land UseResidential
Legal DescriptionCANYON CREEK WEST, BLOCK 4, LOT E 24' OF 3, 70 X 24, ACRES 0.0386 70 X 24
Census Tract001200
Assessed Land Value$10,987
Assessment Year2025

About this property

WONDERFUL, SPACIOUS 4 BR, 2.5 BA, 2 CAR GARAGE, one level home, oversized Lot in W. Sherman, with a fabulous Workshop. Large LR offers fireplace with gas logs, built-in bookcase & cabinet, Formal DR plus Breakfast area. Beautiful Kitchen complete update 2005, fully equipped, Corian Style counter tops, oak cabinets. Other updates include: CH&A 2005, windows & doors replaced, Roof 2010, hot water heater Feb 2021, Driveway redone 2018, added insulation in attic. The 4th BR would make a great Home Office. Full Sprinkler System. Over garage is floored, 220 wiring in garage. Workshop has 9' vaulted ceiling, insulated, LED lighting, wired for 220, window unit. Wood fencing, mature shade trees. CALL NOW TO SEE!

Investor Tools

Property Icon
$156,000
Estimated Property Value
$0Estimated Mortgage Balance
$156,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$71/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$66
$10,987
2025
$10,987
N/A
$10,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$66
$10,987

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$156,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2016 Oak Creek Drive | Property Details | No Agent List