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$163,000

NAL Estimated Property Value

27 Choctaw Dr, Gordonville, TX, 76245

SoldInfo
8/13/26
Beds3 Beds
Baths1 Bath
Baths880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.61 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesElectric Range

Exterior

Exterior FeaturesStorage
Lot Size10,001 sqft

Building Information

Year Built1962
Garage Spaces2

Land Information

APN021A6547230
Lot Number502,503
SubdivisionSherwood Shores Unit 2
Land UseResidential
Legal DescriptionSHERWOOD SHORES UNIT 2, LOT 502 & 503, ACRES 0.2296
Census Tract000304
Assessed Land Value$30,900
Assessed Improvement Value$95,364
Assessment Year2025

About this property

Located just minutes from beautiful Lake Texoma, this charming 3-bedroom home sits on nearly one-half acre across 5 lots, offering plenty of room to enjoy the outdoors. The spacious, chain-link fenced backyard is perfect for pets, gardening, or entertaining, while the large workshop and multiple storage buildings provide excellent space for hobbies, projects, or extra equipment. A covered two-car carport plus additional parking make it easy to accommodate guests, boats, or trailers. The durable metal roof and central heat and air add to the home's appeal. 3 bedrooms, 1 large bath with nice size living, dining and kitchen area. Original hardwood floors are beautiful. Whether you're looking for a full-time residence, weekend lake retreat, or investment opportunity, this property offers great value in the established Sherwood Shores community near marinas, fishing, boating, and all that Lake Texoma has to offer.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,204
$126,264
2025
$30,900
$95,364
$126,264
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,204
$126,264

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$126,264
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: Gordonville

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27 Choctaw Dr | Property Details | No Agent List