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$302,000

NAL Estimated Property Value

2310 Rex Cruse Dr, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,089 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.82 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet

Exterior

Lot Size9,026 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APNS016 2200040
Lot Number6
SubdivisionRidgewood Addn
Land UseResidential
Legal DescriptionRIDGEWOOD ADDN, BLOCK 3, LOT 6, ACRES .2072
Census Tract001200
Assessed Land Value$50,540
Assessed Improvement Value$230,036
Assessment Year2025

About this property

Nestled on a quiet street in West Sherman, this inviting 3-bedroom, 2-bathroom home offers 2,089 sqft of modern comfort and style. A spacious, light-filled dining room sets the stage for effortless entertaining, while the cozy family room, featuring a wood-burning fireplace that flows seamlessly into the kitchen. The kitchen boasts granite countertops and ample space for meal prep. A versatile flex space at the rear of the home is perfect for an office, playroom, or media retreat. Step outside to enjoy the expansive backyard, complete with a large covered porch and plenty of green space for outdoor fun. Recent updates include a new roof (2024) and flooring (2022) along with foundation improvements that include a transferable warranty. Don’t miss this beautifully maintained home in a fantastic location!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$142,396Estimated Mortgage Balance
$159,604Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,992
$280,576
2025
$50,540
$230,036
$280,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,992
$280,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Plains National Bank
Conventional
$152,000
No
First
Dec 2, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,396
$159,604
52%
47%
$912/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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2310 Rex Cruse Dr | Property Details | No Agent List