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$445,959

NAL Estimated Property Value

2505 W Biscayne Dr, Sherman, TX, 75092

$451,214 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.84 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesGas Oven, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size16,501 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APNS038 2349024
Lot Number9
SubdivisionParkhaven Addn Sec 1
Land UseResidential
Legal DescriptionPARKHAVEN ADDN SEC 1, BLOCK 3, LOT 9, ACRES .3788
Census Tract001700
Assessed Land Value$80,025
Assessed Improvement Value$365,934
Assessment Year2025

About this property

Welcome to your dream lifestyle in the beautiful Baker Park area! This meticulously maintained home boasts recently sanded and re-stained hardwood floors, along with brand new carpet throughout its spacious 2800+ SF layout. With 4 bedrooms (2 up, 2 down), 3 full bathrooms, and 1 half bath, there's ample space for your family to thrive. Indulge your culinary passions in the huge kitchen with ample storage and stunning granite countertops - truly the heart of the home. There are two living areas for your comfort and entertainment needs - one as you enter the home and another just off the kitchen and dining area. An executive office provies a great space for at-home work. Enjoy the serenity of your landscaped yard and private backyard oasis, all nestled on just under one-third of an acre. Situated near the corner of FM 1417 and Hwy 56, convenience meets luxury in this gorgeous neighborhood. Make this stunning property your forever home! Cone Home Where You Belong!

Investor Tools

Property Icon
$445,959
Estimated Property Value
$448,868Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$451,214
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
$726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,479
$445,959
2025
$80,025
$365,934
$445,959
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,479
$445,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Va
$464,850
Yes
First
Jun 21, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,868
N/A
0%
101%
$2,788/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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2505 W Biscayne Dr | Property Details | No Agent List