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$674,000

NAL Estimated Property Value

216 Laurel Creek Dr, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,452 Sq Ft
price_per_sqft$151.62 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size15,608 sqft

Building Information

Year Built2003
Garage Spaces3

Land Information

APNS027 2432001
Lot Number1,111
SubdivisionLaurel Creek Addn Sec Two
Land UseResidential
Legal DescriptionLAUREL CREEK ADDN SEC TWO, BLOCK 1, LOT 1, 111.48X140, ACRES .3583 111.48X140
Census Tract001300
Assessed Land Value$78,036
Assessed Improvement Value$565,867
Assessment Year2025

About this property

Stunning MUST SEE custom home with an amazing scenic hilltop view and large front yard. Magnificent craftmanship as you enter the home. Gorgeous wood floors through the main living areas, high ceilings that gives a feeling of grandeur, and a statement with the stone fireplace from floor to ceiling in the living area. The main living area is warm and inviting with a gas fireplace and a wall of windows that bring in natural light. The kitchen has beautiful wood cabinets, stainless steel appliances, and a center island that overlooks the living room. A formal dining area is located in the front of the home as well. The primary bedroom located on first floor has a spa-like bath with a spacious walk-in shower and walk-in closet. Fantastic home for entertaining with a media room and game room. The home features an in-law suite with own bedroom and kitchen. Relax on the covered back patio and enjoy the privacy of the backyard. 3rd-car garage offers plenty of storage space!

Investor Tools

Property Icon
$674,000
Estimated Property Value
$304,747Estimated Mortgage Balance
$369,253Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$906/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,505
$636,200
2025
$78,036
$565,867
$643,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,505
$636,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$338,250
No
First
Mar 11, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,747
$369,253
54%
45%
$2,028/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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216 Laurel Creek Dr | Property Details | No Agent List