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$634,405

NAL Estimated Property Value

306 Laurel Creek Drive, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,210 Sq Ft
price_per_sqft$118.53 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size17,498 sqft

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APNS027 2432003
Lot Number3,125
SubdivisionLaurel Creek Addn Sec Two
Land UseResidential
Legal DescriptionLAUREL CREEK ADDN SEC TWO, BLOCK 1, LOT 3, 125X140,, ACRES .4017 125X140,
Census Tract001300
Assessed Land Value$81,900
Assessed Improvement Value$552,505
Assessment Year2025

About this property

Welcome home to Laurel Creek! This stately home sits on a hilltop with beautiful landscaping and striking water feature in front. Alluring grand staircase greets you at front door. Extensive dining area has floor-to-ceiling windows & tons of natural light. Private office includes built-in bookshelves and double-door access to front patio! Open living area extends to kitchen with plenty of countertop space and breakfast area with built-in desk - great homework spot! Master suite exhibits recessed ceilings & built-in cabinets galore! Upstairs living area has full wet bar and bonus storage room. This home boasts 3 fireplaces so you'll stay plenty warm this winter! Come see what this delightful home has to offer.

Investor Tools

Property Icon
$634,405
Estimated Property Value
$365,735Estimated Mortgage Balance
$268,670Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,806 /month
Positive
Cash Flow Estimate:
$1,269 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$634,405
2025
$81,900
$552,505
$634,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$634,405

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$399,000
No
First
Dec 20, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,735
$268,670
42%
58%
$2,393/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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306 Laurel Creek Drive | Property Details | No Agent List