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$1,380,000

NAL Estimated Property Value

2393 Spalding Road, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,480 Sq Ft
FarmFarm
price_per_sqft$560.48 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size41.05 acres

Building Information

Year Built2006
Garage Spaces13

Land Information

APN126 0563005
SubdivisionHarshbarger Aaron A-G0563
Land UseResidential
Legal DescriptionG-0563 HARSHBARGER AARON A-G0563, ACRES 41.054
Census Tract001104
Assessed Land Value$27,302
Assessed Improvement Value$463,198
Assessment Year2025

About this property

Beautiful estate home on 40 acres in west Grayson County. Hilltop vistas and two ponds create the perfect relaxing atmosphere. Four outbuildings will support all of your work or hobbies. There is a guest suite, including a kitchen, located in one of the outbuildings. Come live and play in one of the most scenic places in North Texas. Convenient to Hwy 82, Hwy 289 (Preston), and the future Dallas North Tollway.

Investor Tools

Property Icon
$1,380,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,380,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,061/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,832
$490,500
2025
$27,302
$463,198
$1,501,790
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,832
$490,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,380,000
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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2393 Spalding Road | Property Details | No Agent List