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$399,000

3728 Cherry Hills Dr, Sherman, TX, 75090

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,149 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.67 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet

Exterior

Exterior FeaturesLighting, Private Yard, Other
Lot Size6,490 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN185 8054325
Lot Number29
SubdivisionBel Air Village Phase 1
Land UseResidential
Legal DescriptionBEL AIR VILLAGE PHASE 1, BLOCK I, LOT 29, ACRES .149
Census Tract001801
Assessed Land Value$82,299
Assessed Improvement Value$280,125
Assessment Year2025

About this property

Beautiful one-story home featuring 4 bedrooms, 3 full baths, and an office that could be a 5th bedroom. The spacious living area boasts vaulted ceilings, a gas fireplace flanked by built-in shelving, huge windows, and abundant natural light. The primary suite offers a spa-like ensuite with dual vanities, a freestanding soaking tub, a walk-in shower, and an oversized walk-in closet. The kitchen stands out with quartz countertops, a farmhouse sink, stainless steel appliances, a gas range perfect for chefs, and modern finishes. Luxury vinyl plank flooring runs through the main living spaces, with carpet in the bedrooms. Outside, enjoy a covered patio ideal for relaxing or entertaining. The neighborhood also features scenic walking trails and outdoor workout equipment for an active lifestyle. Close to Sherman High School, the new Police and Fire Stations and just a few blocks from Schulman’s Movie Bowl Grille and growing retail and restaurants in Sherman's Progress Park area. About 30 min to Lake Texoma for fishing, boating and camping. Don't miss this gem! HOA is $900 annually, POA is $300 annually.

Investor Tools

Property Icon
$362,424
Estimated Property Value
$374,099Estimated Mortgage Balance
$9,512Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Maureen Kane

Highland Homes Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$934/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,397
$362,424
2025
$82,299
$280,125
$362,424
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,397
$362,424

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Fha
$374,099
Yes
First
May 18, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,519
$8,905
2%
98%
$2,243/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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3728 Cherry Hills Dr | Property Details | No Agent List