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$622,000

NAL Estimated Property Value

2532 Old Dorchester Rd, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,947 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$436.57 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile

Exterior

Lot Size5 acres

Building Information

Year Built2000
Garage Spaces2

Land Information

APN181 119900601
SubdivisionThompson Robert A-G1199
Land UseResidential
Legal DescriptionG-1199 THOMPSON ROBERT A-G1199, ACRES 5.0
Census Tract001901
Assessed Land Value$255,000
Assessed Improvement Value$337,357
Assessment Year2025

About this property

NO CITY TAXES OR RESTRICTIONS! Long term potential to live on a five-acre slice of paradise! Beautiful tract of land with room to make the property your own while enjoying the conveniences of town life within an easy driving distance only 12 minutes away!! COMPLETE privacy with no immediate neighbors! No restrictions which make this property a slam dunk for your own dream! Just updated and beautifully remodeled home! Spacious open floor plan for daily living and entertaining! Enjoy sweeping views from all rooms to enjoy the natural beauty outside! This spacious 4 bedroom with 2.5 baths flows for daily living and entertaining! The Kitchen is well appointed with gorgeous granite, an abundance of cabinetry and a huge walk-in pantry! The living area showcases a fireplace with tall hearth to utilize as a bench seat while enjoying the cozy wood burning fireplace during those cold winter months. A second dining room could easily serve as a second living or even a home office area. Lots of flexibility of uses! The primary suite with ensuite updated bath showcases a wood accent wall and large room. Three more bedrooms are well appointed in size and closet space with easy access to a full and half bath. A 220v outlet is in place ready for a hot-tub or other use in backyard. Barn is ready for immediate use! Move-in Ready! Property can be divided by future owners should that be desired. Confirm with Grayson County for details. Incredible property and location!! INVESTMENT OPPORTUNITY! MUST SEE TO APPRECIATE THE IMMEDIATE AND LONG-TERM VALUE!

Investor Tools

Property Icon
$622,000
Estimated Property Value
$0Estimated Mortgage Balance
$622,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,727
$592,357
2025
$255,000
$337,357
$592,357
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,727
$592,357

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$622,000
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.

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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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2532 Old Dorchester Rd | Property Details | No Agent List