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$476,796

NAL Estimated Property Value

414 Ridgeview Road, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,705 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.63 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size2.80 acres

Building Information

Year Built1976
Garage Spaces2

Land Information

APN156 1210012
SubdivisionThompson William A-G1210
Land UseResidential
Legal DescriptionG-1210 THOMPSON WILLIAM A-G1210, ACRES 2.8
Census Tract001101
Assessed Land Value$214,664
Assessed Improvement Value$384,973
Assessment Year2025

About this property

The chance to own acreage in town doesn't happen often. This West Sherman location is close to the new Sherman High School and Hwy 289. City services with 2.8 acres of mature trees and scenic views. The owner says Horses are permitted. Bring your imagination to this 4bdrm 3bth home. It will be worth the time to update this home. Sitting pretty under the trees with a big circle drive. This home also has a barn with water and electricity and a workshop with electricity. The reward for your effort will be a beautiful, private tranquil location convenient to shopping and work. No showings before 3pm M-F.

Investor Tools

Property Icon
$476,796
Estimated Property Value
$342,977Estimated Mortgage Balance
$133,819Estimated Equity
28% 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
$859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,929
$476,796
2025
$214,664
$384,973
$599,637
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,929
$476,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$363,568
No
First
Apr 4, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,977
$133,819
28%
72%
$2,180/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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414 Ridgeview Road | Property Details | No Agent List