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$476,803

32 Melody Circle, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,155 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.56 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringConcrete, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1.85 acres

Building Information

Year Built2010
Garage Spaces1

Land Information

APN103 6929011
Lot Number11
SubdivisionWoodlawn Country Est Phase 2
Land UseResidential
Legal DescriptionWOODLAWN COUNTRY EST PHASE 2, BLOCK 1, LOT 11, ACRES 1.85
Census Tract001400
Assessed Land Value$143,190
Assessed Improvement Value$384,960
Assessment Year2025

About this property

Custom built home on corner lot with 1.85 acres! Open floor plan. Kitchen has granite countertops and island, 2 sinks and double ovens. Unbelievable storage through out the house. Master has sitting area, room for office. Master bathrooms has his & her sinks, custom walk-in closet and walk-in shower. Stained concrete through the home. Split bedrooms with secondary bedrooms on opposite side of the house from the master. Metal roof, detached parking features full workshop with half bath. Full RV hookups. Will store 4 vehicles out of weather.

Investor Tools

Property Icon
$476,803
Estimated Property Value
$0Estimated Mortgage Balance
$294,551Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,861 /month
Positive
Cash Flow Estimate:
$954 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,397
$476,803
2025
$143,190
$384,960
$528,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,397
$476,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$201,500
No
First
May 12, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,252
$294,551
61%
38%
$1,209/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: Sherman

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