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$149,000

3209 Burgandy Ln, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,098 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.7 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,320 sqft

Building Information

Year Built1968
Roof Type109
Garage Spaces1

Land Information

APNS007 2243028
Lot Number4
SubdivisionTown North Addn
Land UseResidential
Legal DescriptionTOWN NORTH ADDN, BLOCK 3, LOT 4, ACRES .1910
Census Tract000903
Assessed Land Value$49,754
Assessed Improvement Value$94,316
Assessment Year2025

About this property

STARTING UP OR SLOWING DOWN OR NEED AN INVESTMENT PROPERTY....this one is Perfect for you! Many years of love in this 3 bedroom, 2 bath, 1 car garage, one level home. Some updates over the years, but still needs a little TLC. Living Room has wood burning stove. Step saver Kitchen but loaded with wood cabinets. Dining Room overlooks the very pretty back yard. Workshop with electrical plus a bonus storage building. Covered and open patios. Fenced yards with mature shade trees. Full yard Sprinkler System. Extra concrete parking pad in front. So convenient to almost Everything. This one will not last long, so please schedule your showing TODAY!

Investor Tools

Property Icon
$164,000
Estimated Property Value
$148,675Estimated Mortgage Balance
$27,975Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,160
$144,070
2025
$49,754
$94,316
$144,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,160
$144,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$148,675
No
First
Nov 12, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,025
$27,975
17%
83%
$892/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.

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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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3209 Burgandy Ln | Property Details | No Agent List