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$399,000

285 N Sherman Ave, Van Alstyne, TX, 75495

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,119 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.3 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,021 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APNV003 501818801
Lot Number2,150
SubdivisionDivisions Van Alstyne
Land UseResidential
Legal DescriptionDIVISIONS VAN ALSTYNE, BLOCK 11, LOT PT 2, 150 X 73.84, ACRES .253 150 X 73.84
Census Tract001803
Assessed Land Value$124,186
Assessed Improvement Value$308,432
Assessment Year2025

About this property

Welcome to your dream home in the heart of Van Alstyne ISD! Nestled on a spacious quarter-acre lot with NO HOA, this modern farmhouse combines charm, function, and comfort in all the right ways. Step inside to an open-concept layout that makes entertaining easy — the light-filled kitchen, dining, and living space flow together effortlessly, featuring sleek countertops, contemporary finishes, and a warm gas fireplace for cozy evenings. Need a quiet space to work or study? The dedicated home office has you covered. The main-floor primary suite offers a peaceful escape with plenty of room to unwind, and a stylish powder bath adds convenience for guests. Upstairs, a large flex space is ready for your imagination — game room, media lounge, or playroom — plus two generously sized bedrooms and a full bath. But the real magic? Step out back to your private outdoor retreat — a custom deck, pergola, and play pool make it perfect for summer BBQs, relaxing weekends, and stargazing nights. Enjoy quick access to Hwy 75 and explore the nearby parks like Central Social District and North Park, offering splash pads, playgrounds, and wide-open green spaces. Take a short drive to Historic Downtown Van Alstyne for charming shops, local eats, and community fun. Love the outdoors? You’re just a short trip from Lake Texoma and Eisenhower State Park, ideal for fishing, boating, and hiking adventures. This one checks all the boxes — space, style, and location.

Investor Tools

$369,613Estimated Mortgage Balance
$63,542Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,596 /month
Positive
Cash Flow Estimate:
$865 /month

Interested in this property?

Savannah Dunn

Ebby Halliday, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$969/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,462
$432,618
2025
$124,186
$308,432
$432,618
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,462
$432,618

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Department Of Housing And Communit
Stand Alone First / Home Equity First Lien
$14,257
No
First
Mar 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,613
$63,005
14%
85%
$2,223/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.

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: Van Alstyne

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