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$704,000

4027 Gibbons Rd, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,959 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$387.95 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesAwning(s), Fire Pit, Rain Gutters, Lighting, Private Entrance, Storage, Garden
Lot Size12.53 acres

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APN134 072200303
SubdivisionLavalla G W A-G0722
Land UseResidential
Legal DescriptionG-0722 LAVALLA G W A-G0722, ACRES 12.5
Census Tract001101
Assessment Year2025

About this property

+++++MOTIVATED SELLERS+++++ 4027 Gibbons Road, Sherman, TX. A slice of heaven! Tucked away on 12.5 acres just west of Sherman, this hidden gem offers the privacy, space, and freedom you’ve been searching for. The charming 3-bedroom, 2.5 bathroom home sits far enough off the road that most don’t even realize a residence is back here—perfect for those who value peace and quiet. Enjoy the greenbelt while you sit on the covered back deck, or plan a reunion, there is room for everyone here! Two gated entrances welcome you onto the property, where you’ll find a brand-new 200 amp, 1,575 sq. ft. barn built in 2021, ready for your hobbies or equipment. There is a well, and barn has water supply, concrete slab, and all power is underground from the pole. The land is dotted with mature trees, livestock shed and working chutes, rolling hills, rustic charm and wide-open spaces, providing a beautiful setting to breathe in fresh country air and enjoy starlit nights on the covered patio or around the fire pit. Whether you dream of raising animals, starting a hobby farm, having a huge garden or simply having room to spread out, this property offers endless possibilities. Bring your horses, cows, chickens, or whatever your heart desires—the lifestyle you’ve been wanting is waiting here.

Investor Tools

Property Icon
$704,000
Estimated Property Value
$500,000Estimated Mortgage Balance
$110,600Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,560 /month
Positive
Cash Flow Estimate:
$1,520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,625
$622,523
2025
N/A
N/A
$678,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,625
$622,523

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Plains National Bank A National Ba
Credit Line (Revolving) / Heloc
$100,000
No
First
Sep 13, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$593,400
$110,600
15%
84%
$3,598/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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4027 Gibbons Rd | Property Details | No Agent List