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$329,500

2132 Gabriel Drive, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,819 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.14 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size9,278 sqft

Building Information

Garage Spaces2

Land Information

APN154 8337061
Lot Number15
SubdivisionWashington Meadows Phase Two
Land UseAgriculture / Farming
Legal DescriptionWASHINGTON MEADOWS PHASE TWO, BLOCK H, LOT 15, ACRES .213
Census Tract001300
Assessed Land Value$45,777
Assessed Improvement Value$295,645
Assessment Year2025

About this property

Welcome to 2132 Gabriel Drive in Sherman! This thoughtfully designed 3 bedroom, 2 bathroom home offers 1,760 square feet of living space on a desirable corner lot with NO HOA. The functional layout features a spacious primary suite with a walk-through closet that connects directly to the laundry area for added convenience. Originally built as the model home, the garage was converted into additional living space and features a fireplace, creating a versatile area that can be used as a second living room, game room, office, or flex space. The area can also be converted back into a traditional garage if desired. With its unique layout, flexible living space, corner lot location, and no HOA, this home offers comfort, functionality, and plenty of possibilities for its next owner.

Investor Tools

$0Estimated Mortgage Balance
$341,422Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,049 /month
Positive
Cash Flow Estimate:
$683 /month

Interested in this property?

Barbara Galarza

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,488
$341,422
2025
$45,777
$295,645
$341,422
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,488
$341,422

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$341,422
100%
0%
$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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2132 Gabriel Drive | Property Details | No Agent List