Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$381,168

409 Carneros Drive, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.33 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDisposal, Gas Range, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,621 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN119 7621030
Lot Number6
SubdivisionMagnolia Village
Land UseResidential
Legal DescriptionMAGNOLIA VILLAGE, BLOCK C, LOT 6, ACRES .152
Census Tract000904
Assessed Land Value$64,755
Assessed Improvement Value$316,413
Assessment Year2025

About this property

Welcome to Magnolia Village where you will fall in love with a craftsman home community with it's own fishing pond. This beautiful two-story has Quartz countertops, shiplap accent walls, and stunning tile in the laundry room. This home is set to be completed in 5 weeks. We will add new photos each week to show the progress. Don't let this one pass you by, call your favorite REALTOR® today for additional information. MULTIPLE OFFERS HAVE BEEN RECEIVED, HIGHEST AND BEST DUE BY MONDAY, MAY 10TH BY 5 P.M.

Investor Tools

Property Icon
$381,168
Estimated Property Value
$0Estimated Mortgage Balance
$91,588Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,287 /month
Positive
Cash Flow Estimate:
$762 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,816
$381,168
2025
$64,755
$316,413
$381,168
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,816
$381,168

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$314,163
Yes
First
Mar 7, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,580
$91,588
24%
76%
$1,884/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

409 Carneros Drive | Property Details | No Agent List