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$329,000

$339,000

2209 Ridgewood Dr, Sherman, TX, 75092

$381,632 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths3,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.85 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size18,774 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APNS016 2200011
Lot Number11
SubdivisionRidgewood Addn
Land UseResidential
Legal DescriptionRIDGEWOOD ADDN, BLOCK 1, LOT PT 11, ACRES .431
Census Tract001200
Assessed Land Value$57,794
Assessed Improvement Value$374,018
Assessment Year2025

About this property

Some homes simply feel lived in and loved from the moment you arrive, and this is one of them. Set on nearly half an acre in a well-established, desirable neighborhood, this two-story home offers 4 bedrooms, 2 bathrooms, and plenty of room to spread out. The owners have thoughtfully updated and cared for the property, creating a home that is as comfortable as it is functional. Inside, you'll find a generous living space, a well-designed floor plan, and plenty of room for both everyday living and entertaining. The owners have updated many items including plumbing, windows, roof in 2024, and also added a beautiful covered back patio which has become the heart of the backyard. A place to enjoy quiet mornings with a cup of coffee, gather with family for weekend cookouts, or unwind at the end of the day while taking in the peaceful surroundings. The spacious yard offers room to garden, play, or simply enjoy having a little extra space to call your own. The detached 2 car garage provides added flexibility for parking, hobbies, or extra storage. This is a home that has been well cared for, filled with memories, and is ready for its next chapter with someone new. Don't miss this opportunity!

Investor Tools

$159,366Estimated Mortgage Balance
$248,065Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$381,631
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

Interested in this property?

Kimberly Mejia

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,665
$406,005
2025
$57,794
$374,018
$431,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,665
$406,005

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$185,592
Yes
First
Apr 5, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,366
$246,639
60%
39%
$1,113/mo

City: Sherman