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$199,995

285 Sioux Drive, Gordonville, TX, 76245

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths624 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.5 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven
FlooringVinyl

Exterior

Lot Size10,001 sqft

Building Information

Year Built1997

Land Information

APN021A6547340
Lot Number666,667
SubdivisionSherwood Shores Unit 2
Land UseResidential
Legal DescriptionSHERWOOD SHORES UNIT 2, LOT 666 & 667, ACRES .2296
Census Tract000304
Assessed Land Value$38,000
Assessed Improvement Value$90,245
Assessment Year2025

About this property

Nestled on a beautiful corner lot just minutes from Lake Texoma, this move-in-ready gem offers the perfect blend of comfort, style, and functionality. Relax and enjoy the outdoors from the spacious covered front and back porches. Then step inside to a welcoming living area that flows seamlessly into the recently remodeled kitchen. Thoughtfully updated, the kitchen features stunning granite countertops, a stylish tile backsplash, and newer appliances, creating a modern and inviting space for cooking and gathering. The home’s updates continue throughout with refreshed flooring and an updated bathroom, giving the entire property a clean, contemporary feel. Outside, you’ll find exceptional storage and workspace options, including a covered carport, an 18 by 24 metal building, and an additional 18 by 20 metal shop ideal for storing boats, vehicles, recreational equipment, or creating your dream workshop. Whether you’re searching for a peaceful lake-area retreat, a first home, or a property with plenty of room for hobbies and storage, this well-maintained home checks all the boxes. Conveniently located near Lake Texoma’s recreation, fishing, boating, and entertainment, this property offers the lifestyle you’ve been looking for.

Investor Tools

Property Icon
$149,000
Estimated Property Value
$0Estimated Mortgage Balance
$64,374Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Brandon Erwin

Lake Kiowa Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,274
$128,245
2025
$38,000
$90,245
$128,245
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,274
$128,245

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Conventional
$92,150
No
First
Feb 16, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,626
$64,374
43%
57%
$553/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: Gordonville

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285 Sioux Drive | Property Details | No Agent List