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$284,990

416 Carneros Drive, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,536 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.54 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Microwave, Tankless Water Heater

Exterior

Lot Size6,882 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN119 7621010
Lot Number5
SubdivisionMagnolia Village
Land UseResidential
Legal DescriptionMAGNOLIA VILLAGE, BLOCK B, LOT 5, ACRES .158
Census Tract000904
Assessed Land Value$66,588
Assessed Improvement Value$218,303
Assessment Year2025

About this property

Now OFFERING $5k in concessions! Welcome to this stunning, like-new home built in 2020, offering the perfect blend of modern design, comfort, and convenience. Step inside to discover a thoughtfully designed split floorplan with spacious rooms that provide both privacy and functionality. The heart of the home is the beautiful kitchen, featuring stylish finishes, ample counter space, and an inviting layout ideal for both everyday living and entertaining. The bathrooms are equally impressive, showcasing contemporary design and quality craftsmanship throughout. The primary suite is a true retreat, complete with a generous walk-in closet and a relaxing atmosphere to unwind at the end of the day. Enjoy outdoor living at its finest with both a covered front patio and a covered back patio. The backyard offers a serene view of trees and nature, creating a peaceful setting perfect for morning coffee or evening gatherings. Conveniently located in a highly desirable area, this home is just minutes from shopping, dining, and easy highway access—making daily commutes and weekend outings a breeze.

Investor Tools

Property Icon
$284,891
Estimated Property Value
$0Estimated Mortgage Balance
$76,927Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,015
$284,891
2025
$66,588
$218,303
$284,891
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,015
$284,891

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$233,605
No
First
Oct 28, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,964
$76,927
27%
73%
$1,401/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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