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$685,000

2832 Sherwood Dr, Trophy Club, TX, 76262

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,804 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.27 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size5,576 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR465532
Lot Number5
SubdivisionThe Highlands At Trophy Club Neighborhoo
Land UseResidential
Legal DescriptionTHE HIGHLANDS AT TROPHY CLUB NEIGHBORHOOD 8 PH 1 BLK B LOT 5
Census Tract020321
Assessed Land Value$195,149
Assessed Improvement Value$480,453
Assessment Year2025

About this property

PICTURE PERFECT 4-3.1-2 IN THE POPULAR HIGHLANDS AT TROPHY CLUB WITH OUTDOOR LIVING AREA INCL. PERGOLA, & STONE FIREPLACE! This wonderful open floor plan features a 2nd bedroom down, formal dining (currently used as an office), spacious kitchen with lg island, ss appliances, gas cooktop & db ovens + a luxurious master suite with lg walk-in closet. Upstairs you'll find a spacious game room, half bath + two bedrooms with jack & jill bath. Add. highlights include wood floors throughout the main floor living areas, in ceiling surround sound speakers, floored attic storage, & more. THIS ONE IS SPECIAL-see it before it's gone. Located in fabulous golf community with award winning NWISD + pool, park, & tennis nearby!

Investor Tools

Property Icon
$685,000
Estimated Property Value
$150,000Estimated Mortgage Balance
$539,002Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,178/month
$72/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,708
$666,165
2025
$195,149
$480,453
$675,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,708
$666,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$150,000
No
First
Nov 29, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,998
$539,002
78%
21%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$972/mo
+$1,788/mo
4.8%

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: Trophy Club

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