Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days58Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$269,900

27 S Sherwood Drive, Belton, TX, 76513

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,658 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.79 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Water Heater, Some Electric Appliances, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Porch, Patio, Rain Gutters, Storage
Lot Size6,970 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN112155
Lot Number2,3
SubdivisionMorgans Point Resort Section 8a
Land UseResidential
Legal DescriptionMORGANS POINT RESORT SECTION 8A, BLOCK 019, LOT PT 2, 3, (N 40' OF 2 & S 60' OF 3) AKA TRACT 2, ACRES 0.16 (N 40' OF 2 & S 60
Census Tract020201
Assessed Land Value$44,000
Assessed Improvement Value$294,887
Assessment Year2025

About this property

Looking for a home close to the lake? This one checks all the boxes. This charming 3-bedroom, 2-bath, 2-car garage home offers a comfortable split floorplan with tile and wood flooring throughout. Enjoy two living areas—perfect for a second family room, office, or formal dining space—along with a large, open kitchen featuring abundant counter space and storage. The spacious primary bedroom easily accommodates larger furniture, and the primary bath includes double vanities for added convenience. Secondary bedrooms are generously sized, and there’s plenty of parking available. Best of all, you’re just a short walk to the lake. Neighborhood amenities include a community pool, playground, and park, making it a wonderful place to relax and play. Conveniently located for an easy commute to Killeen/Ft. Hood or Temple, and just minutes from medical facilities, restaurants, and shopping. BISD schools. A fantastic location with so much to offer—come take a look.

Investor Tools

$104,439Estimated Mortgage Balance
$213,310Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,906 /month
Positive
Cash Flow Estimate:
$635 /month

Interested in this property?

Rowena Miller

Covington Real Estate, Inc.

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,979
$317,749
2025
$44,000
$294,887
$338,887
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,979
$317,749

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$152,192
Yes
First
Oct 15, 2012
Nov 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,439
$213,310
67%
33%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
N/A
+$1,360/mo
5.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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: Belton

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...