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$1,499,900

204 Tate Cir, Sherman, TX, 75090

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,587 Sq Ft
FarmFarm
price_per_sqft$326.99 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, RV Hookup, Storage
Lot Size12.28 acres

Building Information

Year Built2018
Garage Spaces5

Land Information

APN225 035400103
SubdivisionDespain Thomas A-G0354
Land UseResidential
Legal DescriptionG-0354 DESPAIN THOMAS A-G0354, ACRES 12.28
Census Tract001801
Assessment Year2025

About this property

WELCOME TO YOUR OWN SLICE OF PARADISE, WHERE COUNTRY LIVING MEETS REFINED COMFORT! Set on 13.28 picturesque AGG EXEMPT acres with two stocked ponds, mature trees, and sweeping countryside views, this custom-built rock-and-brick home offers peace, privacy, and luxury in one beautiful package. Inside, the main living area wows with a soaring 20-ft ceiling, wood crossbeams, and a floor-to-ceiling stone fireplace—perfect for cozy evenings. The chef’s kitchen features an 8-ft island, custom cabinetry with under-cabinet lighting, black stainless appliances, granite counters, a walk-in pantry, and a breakfast nook with its own TV for relaxed mornings. Also, downstairs are a spacious guest or in-law suite, a generous game room, and a dedicated office with elegant 8-ft double doors. Hand-scraped hardwood floors, tall ceilings, graceful chandeliers, and detailed crown molding bring warmth and sophistication throughout the home. Upstairs, the private primary suite offers a tray ceiling, spa-inspired travertine bath with dual shower heads, a jetted tub, and an enviable walk-in closet with seasonal storage. Two additional bedrooms each include ensuite baths and walk-in closets. The utility room is thoughtfully designed with a sink, drying rack, and dual attic access, including one walk-out attic with abundant storage. Outdoors, enjoy endless possibilities: a large, covered patio for entertaining, a 30’x40’ shop with electricity and RV hookup, sprinkler system, and two loafing sheds for animals. A charming, gated entrance with stone columns, Texas-star gate, and black pipe fencing welcomes you, while the expansive backyard—enclosed by an 8-ft privacy fence—offers plenty of room to add your dream pool. Additional highlights include a 3-car garage with handsome wooden doors, an above-ground safe room, and three HVAC units. Whether you’re seeking farm life, a private retreat, or a luxurious homestead, this property perfectly captures the serenity and style of country living.

Investor Tools

$217,507Estimated Mortgage Balance
$978,575Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,999 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Dana Thornhill

Keller Williams Frisco Stars

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,670
$1,196,082
2025
N/A
N/A
$1,203,012
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,670
$1,196,082

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Landmark Bank
Conventional
$250,000
No
First
Oct 2, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,507
$978,575
81%
18%
$1,499/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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204 Tate Cir | Property Details | No Agent List