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$279,000

2701 Rolling Hills Dr, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.24 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringLaminate, Tile, Vinyl

Exterior

Exterior FeaturesDog Run, Storage
Lot Size38,250 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APN182A6625028
SubdivisionWestern Acres Installment 2
Land UseResidential
Legal DescriptionWESTERN ACRES INSTALLMENT 2, LOT TRACT 118, ACRES 0.8781
Census Tract001901
Assessed Land Value$119,340
Assessed Improvement Value$174,707
Assessment Year2025

About this property

Peaceful country living with room for all your hobbies, toys, and projects! Situated on approximately .88 acres in Western Acres, this charming 3-bedroom, 2-bath home offers 1,412 square feet, a 2-car garage, and endless potential. Conveniently located in Sherman with easy access to shopping, dining, schools, and major highways, you can enjoy the quiet country feel while still being close to everything you need. Built in 1979 and surrounded by beautiful mature trees, the property features a warm and inviting living room with a cozy pellet stove, a kitchen with breakfast dining area, and electric appliances, 3 bedrooms and 2 full bathrooms. Outside, you’ll find a large, fenced backyard with additional cross fencing perfect for a dog run or separate play area, plus a covered back patio ideal for relaxing or entertaining. Need extra storage or workspace? This property delivers with a 30x40 shop with electric, oversized covered parking bays perfect for RV or boat storage with attached storage, and an additional storage shed. With no HOA, this property offers flexibility and opportunity for homeowners, investors, or anyone looking to add their personal touch. Whether you’re searching for a starter home, investment opportunity, or a property you can update and make your own, this one is full of potential in a desirable location!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$0Estimated Mortgage Balance
$279,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,002
$233,203
2025
$119,340
$174,707
$294,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,002
$233,203

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$279,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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2701 Rolling Hills Dr | Property Details | No Agent List