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$1,456,475

NAL Estimated Property Value

2834 Elliott Road, Sherman, TX, 75092

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths6,813 Sq Ft
FarmFarm
price_per_sqft$206.52 / sqft
Year BuiltBuilt in 1989

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesRefrigerator, Trash Compactor, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size4 acres

Building Information

Year Built1989
Roof Type109
Garage Spaces4

Land Information

APN157 0358004
SubdivisionDeaver Elijah N A-G0358
Land UseResidential
Legal DescriptionG-0358 DEAVER ELIJAH N A-G0358, ACRES 4.0
Census Tract001101
Assessment Year2025

About this property

Ultimate Home On The Range with a 600-ft clear well...a hard-to-find country retreat as the land & home are both equally gorgeous in an excellent location with intoxicating views for your own slice of heaven! Home sits on 4 homesteaded acres surrounded by Ag Exempt 9 acres totaling 13 acres. Plus, there's adjoining 27.723 acres available. Extra acreage is complete with pole barn; 5-acre lake (20-25 ft. deep stocked w Big Mouth Bass, Bluegill, & Catfish plus a steel-pier dock) AND an extra 29.70 making a total of 70.53 acres. Buy the house & 1 extra parcel or ALL 3. This 1989 5-bed, 6-bath home is meticulously maintained. No city restrictions. Storm Shelter. Concrete drive & 3-car garage. Underground utilities!

Investor Tools

Property Icon
$1,456,475
Estimated Property Value
$1,318,410Estimated Mortgage Balance
$138,065Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,739 /month
Positive
Cash Flow Estimate:
$2,913 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,123
$1,456,475
2025
N/A
N/A
$1,648,382
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,123
$1,456,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Va
$1,457,652
Yes
First
May 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,318,410
$138,065
9%
91%
$8,740/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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2834 Elliott Road | Property Details | No Agent List