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$445,000

NAL Estimated Property Value

2472 Gibbons Road, Sherman, TX, 75092

$578,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,374 Sq Ft
price_per_sqft$189.55 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyOff-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringHardwood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1 acre

Building Information

Year Built2006
Stories2
Garage Spaces3

Land Information

APN135 135100206
SubdivisionWarner W A A-G1351
Land UseResidential
Legal DescriptionG-1351 WARNER W A A-G1351, ACRES 1.
Census Tract001101
Assessed Land Value$75,000
Assessed Improvement Value$350,670
Assessment Year2025

About this property

Welcome to peaceful country living where space, flexibility, and views come together beautifully! This thoughtfully designed 3-bedroom, 3-bath home offers a highly functional layout with a large private office, two dining areas, and an open-concept living space ideal for both everyday living and entertaining. The spacious kitchen flows seamlessly into the main living area, creating a warm and inviting heart of the home. Upstairs, a versatile bonus room provides endless possibilities for a game room, media space, or guest retreat. Each bedroom is generously sized, and the smart floor plan offers comfort and privacy throughout. Situated on a full acre, the property truly shines outdoors. A large covered patio overlooks wide-open pasture land, delivering breathtaking views and the quiet serenity only country living can offer. The attached 2-car garage adds convenience, while a substantial shop provides exceptional space for hobbies, storage, or equipment. For those seeking even more room to roam, additional acreage is available for purchase. This is a rare opportunity to enjoy the freedom of rural living without sacrificing space, functionality, or comfort!

Investor Tools

Property Icon
$445,000
Estimated Property Value
$124,777Estimated Mortgage Balance
$320,223Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$578,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,184
$401,262
2025
$75,000
$350,670
$425,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,184
$401,262

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$199,898
Yes
First
Sep 10, 2010
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,777
$320,223
71%
28%
$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.

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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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2472 Gibbons Road | Property Details | No Agent List