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$249,000

NAL Estimated Property Value

2915 Cathleen, Sherman, TX, 75092

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Land Information

APN180 6884016
Lot Number7
SubdivisionWilsonwood Estates
Land UseResidential
Legal DescriptionWILSONWOOD ESTATES, BLOCK 2, LOT 7, ACRES 1.0
Census Tract001901
Assessed Land Value$128,000
Assessment Year2025

About this property

Build your dream home or next investment project on this spacious 1-acre lot located at 2915 Cathleen Ln in the highly desirable Wilsonwood Estates community. Surrounded by well-maintained custom homes on large acreage lots, this property offers the perfect blend of privacy, space, and upscale neighborhood appeal. Situated in a quiet, established area, this residential lot provides a rare opportunity to build in a neighborhood where surrounding homes are already commanding strong values. Enjoy the flexibility to design a custom home, incorporate a guest house, or create a multi-generational living setup—options that are already proven in the neighborhood. The generous lot size allows for outdoor living features such as a pool, workshop, or additional structures, making it ideal for both homeowners and investors. Conveniently located just minutes from shopping, dining, and major highways, while still offering a peaceful, country-style setting.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$0Estimated Mortgage Balance
$249,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,610
$128,000
2025
$128,000
N/A
$128,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,610
$128,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$249,000
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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2915 Cathleen | Property Details | No Agent List