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$584,029

NAL Estimated Property Value

249 Shepherd Road, Sherman, TX, 75090

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$408.33 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Misting System, RV Hookup, Other, Garden
Lot Size7.98 acres

Building Information

Year Built1996
Roof Type109
Garage Spaces4

Land Information

APN225 067800207
SubdivisionKimble Charles A-G0678
Land UseResidential
Legal DescriptionG-0678 KIMBLE CHARLES A-G0678, ACRES 7.984
Census Tract001801
Assessed Land Value$359,280
Assessed Improvement Value$224,749
Assessment Year2025

About this property

Resort amenities homestead on 8 acres. This well-located & well-designed home features an open layout, all white kitchen, superior butcher block countertops, pool adjacent to expansive patios, decking & more. A family-sized dining space is convenient to the pool for indoor & outdoor entertaining. A large primary bath features a hand-hewn vanity & separate bath plus shower. The cozy pellet stove is an accent & adds to the farmhouse charm. Large laundry has mudroom features, half bath & access from the front & back. Scenic & pastoral acres have a carport & the best mix of landscaping, open meadows, shady tree groves & some hilly terrain for ATVs. Circle drive. It's the perfect property for living, recreation & entertaining. No HOA. Horses & ATVs are allowed. Large double garage is designed for the biggest vehicles. Located just outside of Sherman city limits in A-rated Howe ISD. 4-5 minutes to Howe High School, Texas Instruments, & GlobiTech. It's a must-see!

Investor Tools

Property Icon
$584,029
Estimated Property Value
$343,063Estimated Mortgage Balance
$240,966Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,504 /month
Positive
Cash Flow Estimate:
$1,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$894/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,803
$584,029
2025
$359,280
$224,749
$584,029
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,803
$584,029

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$367,500
No
First
Oct 5, 2022
Oct 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,063
$240,966
41%
59%
$2,204/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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249 Shepherd Road | Property Details | No Agent List