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$383,000

NAL Estimated Property Value

2107 Meadows Cir, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,452 Sq Ft
price_per_sqft$117.86 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringHardwood, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size16,984 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APNS016 2335037
Lot Number8
SubdivisionTurtle Creek S Addn Sec 3
Land UseResidential
Legal DescriptionTURTLE CREEK S ADDN SEC 3, BLOCK 8, LOT 8, ACRES .3899
Census Tract001200
Assessed Land Value$50,951
Assessed Improvement Value$314,564
Assessment Year2025

About this property

Sitting in a peaceful cul-de-sac in an established neighborhood this home is nestled among trees. The thoughtfully designed floor plan offers both comfort and convenience. The spacious and bright enclosed sunroom, complete with AC, has served a variety of purposes over the years — from an art studio and extra living room to an office, exercise space, game room, or even a fourth bedroom. The property also includes two outdoor storage buildings, adding valuable utility space. Only the sunroom has an AC window unit. The rest of the house is central heat and air. Conveniently located with easy access to Hwy 75, FM 1417, and Hwy 82, this home offers short commutes to local dining, shopping, and medical facilities. Plus, it's just a short distance from Fairview Park, which features a newly completed playground, the popular Splash Pool, and a host of other recreational activities. This property is in a short sale so restrictions will apply. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$297,775Estimated Mortgage Balance
$85,225Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,301
$365,515
2025
$50,951
$314,564
$365,515
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,301
$365,515

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Originpoint Llc
Fha
$318,986
Yes
First
Oct 17, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,775
$85,225
22%
78%
$1,913/mo

Learn About the Market: Opportunity in Texas

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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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2107 Meadows Cir | Property Details | No Agent List