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$360,500

NAL Estimated Property Value

2611 Village Dr, Sherman, TX, 75090

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,739 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.15 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size1.03 acres

Building Information

Year Built2006
Garage Spaces2

Land Information

APN118 6920040
Lot Number11
SubdivisionCedar Park Village
Land UseResidential
Legal DescriptionCEDAR PARK VILLAGE, BLOCK 2, LOT 11, ACRES 1.03
Census Tract001400
Assessed Land Value$113,513
Assessed Improvement Value$246,987
Assessment Year2025

About this property

Welcome to this charming 4-bedroom, 2-bathroom brick home nestled on a spacious 1.03-acre lot in a rapidly growing area, just minutes from downtown Sherman, TX. This property offers an inviting open floor plan, seamlessly connecting the living, dining, and kitchen areas—perfect for family gatherings and entertaining. Outside, enjoy the large backyard, shaded by mature trees, with plenty of space to play, relax, and enjoy the natural surroundings. A sturdy metal fence encloses the property, and the backyard backs up to a peaceful pond, adding a touch of tranquility and scenic views. Embrace the balance of rural serenity and convenient access to city amenities in this beautiful home. In addition, the owner will be replacing the roof before closing. Don’t miss the chance to make it yours!

Investor Tools

Property Icon
$360,500
Estimated Property Value
$221,232Estimated Mortgage Balance
$139,268Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,191
$360,500
2025
$113,513
$246,987
$360,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,191
$360,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Indymac Bank Fsb
Unknown
$141,550
No
First
Apr 26, 2007
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,232
$139,268
38%
61%
$2,109/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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2611 Village Dr | Property Details | No Agent List