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$400,662

NAL Estimated Property Value

2536 Sherwood Drive, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,254 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.4 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,855 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APNS013 224900108
Lot Number8
SubdivisionTurtle Creek N Addn Sec 2
Land UseResidential
Legal DescriptionTURTLE CREEK N ADDN SEC 2, BLOCK 1, LOT 8, ACRES .2492
Census Tract000904
Assessed Land Value$49,607
Assessed Improvement Value$351,055
Assessment Year2025

About this property

REMODELED ONE STORY! Large yard, electric gate, recently added storage shed, new exterior & interior paint, stained fence, gutter guards. Open floorplan, tons of charm! Eat-in kitchen w SS appliances, shaker cabinets, granite counters, travertine backsplash, farm sink, second sink, 12x24 tile floors, abundance of storage, barn door to walk-in pantry. Cozy family rm has brick & shiplap accents, FP. Master bedroom has shiplap accent wall, industrial sconce lighting, barn door to 14x8 remodeled master bath w granite, rain shower, shaker cabinets, framed mirrors, oversized 13x9 closet. Recent new windows, engineered HW, no carpet, oversized laundry. Office w barn door Serene backyard, covered porch, large trees.

Investor Tools

Property Icon
$400,662
Estimated Property Value
$190,800Estimated Mortgage Balance
$209,862Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,404 /month
Positive
Cash Flow Estimate:
$801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,726
$400,662
2025
$49,607
$351,055
$400,662
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,726
$400,662

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$215,200
No
First
Jul 14, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,800
$209,862
52%
48%
$1,291/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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2536 Sherwood Drive | Property Details | No Agent List