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$354,527

NAL Estimated Property Value

4415 Falcon Dr, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,395 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.88 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size5,998 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN155 7073053
Lot Number22
SubdivisionCountry Ridge Estates No 2
Land UseResidential
Legal DescriptionCOUNTRY RIDGE ESTATES NO 2, BLOCK 7, LOT 22, ACRES .1377
Census Tract001901
Assessed Land Value$45,000
Assessed Improvement Value$309,527
Assessment Year2025

About this property

New windows, new HVAC, fresh paint, and all-new downstairs flooring—this one checks all the boxes. Located in Sherman’s Country Ridge Estates, this 4-bedroom home offers tons of space, thoughtful updates, and community perks like a pool and play area—all at a price that’s hard to beat. Inside, the open layout welcomes you with a cozy fireplace, formal dining area, and a spacious kitchen featuring plenty of cabinetry, counter space, and a central island. A gas line was added in 2016, giving you the option of cooking with gas or electric. Upstairs, you’ll find a large game room and three freshly carpeted bedrooms, perfect for family, guests, or even a home office. Enjoy weekends at Lake Texoma, Eisenhower State Park, or Sherman’s historic downtown—all just minutes away. Whether you’re a first-time buyer, an investor, or simply ready for something move-in ready, 4415 Falcon Drive delivers on value and style.

Investor Tools

Property Icon
$354,527
Estimated Property Value
$195,203Estimated Mortgage Balance
$159,324Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,127 /month
Positive
Cash Flow Estimate:
$709 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
$170/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,622
$354,527
2025
$45,000
$309,527
$354,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,622
$354,527

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Third Coast Bank Ssb
Open End Mortgage / Open End With Future Advance Clause
$198,100
No
First
Jul 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,203
$159,324
44%
55%
$1,188/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.

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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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4415 Falcon Dr | Property Details | No Agent List