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$369,900

424 Ridgeview Rd, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.84 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size1.28 acres

Building Information

Year Built1977
Garage Spaces5

Land Information

APN156A6616002
Lot Number2
SubdivisionTimber View Estates Sec 2
Land UseResidential
Legal DescriptionTIMBER VIEW ESTATES SEC 2, LOT 2, ACRES 1.281
Census Tract001101
Assessed Land Value$143,406
Assessed Improvement Value$246,566
Assessment Year2025

About this property

A rare acreage property offering space, flexibility, and opportunity in a rapidly growing North Texas market. Set on a spacious tract of land, this property provides the freedom and privacy buyers are searching for, with room for equipment, & hobbies. The home offers a functional layout with comfortable living areas and abundant natural light, while the expansive outdoor space truly sets this property apart with a fully fenced backyard. A detached workshop adds exceptional value, ideal for storage, projects, a home business, or recreational use. Ample extra parking allows for trailers, RVs, boats, or multiple vehicles — a hard-to-find feature in this area. Enjoy a peaceful, country-style setting with the convenience of being just minutes from Highway 75, shopping, dining, medical facilities, and Sherman’s growing commercial development. With no HOA and generous acreage, this property is well-suited for homeowners, investors, or buyers seeking land, flexibility, and long-term penitential. Schedule your private showing today and experience the space and possibilities this property has to offer. Information is Deemed Reliable but not guaranteed, buyer and buyer's agent to complete their due diligence.

Investor Tools

Property Icon
$389,972
Estimated Property Value
$265,567Estimated Mortgage Balance
$131,491Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,167
$389,972
2025
$143,406
$246,566
$389,972
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,167
$389,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$265,567
Yes
First
Nov 7, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,481
$131,491
33%
66%
$1,593/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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424 Ridgeview Rd | Property Details | No Agent List