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$881,000

NAL Estimated Property Value

450 Barbara Ln, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,162 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$450.97 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size16.49 acres

Building Information

Year Built2010
Garage Spaces2

Land Information

APN118 0789014
SubdivisionMcclenihan John A-G0789
Land UseResidential
Legal DescriptionG-0789 MCCLENIHAN JOHN A-G0789, ACRES 16.487
Census Tract001400
Assessed Land Value$13,474
Assessed Improvement Value$415,815
Assessment Year2025

About this property

Nestled at the end of a quiet, tree-lined road, this stunning 3-bedroom, 2.5-bath home offers 2,162 sq ft of pristine living space on nearly 16.5 secluded acres. Built in 2010 and impeccably maintained, this property is the perfect blend of comfort, privacy, and natural beauty. The spacious main home features a large, well-equipped kitchen ideal for entertaining, along with inviting living areas filled with natural light. A cozy gas-log fireplace adds warmth and charm to the living room, making it the perfect place to relax year-round. Every room offers tranquil views of the surrounding woods, where deer and other wildlife are frequent visitors. Also included is a versatile 900 sq ft bunkhouse with an open living area, two bedrooms, a full bath, and a kitchen—ideal for guests, extended family, or rental potential. Though just minutes from town, the property feels like a private country sanctuary. If you're looking for a peaceful escape with all the modern comforts, this one-of-a-kind retreat is a must-see.

Investor Tools

Property Icon
$881,000
Estimated Property Value
$563,766Estimated Mortgage Balance
$317,234Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,671
$429,289
2025
$13,474
$415,815
$839,573
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,671
$429,289

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$573,000
No
First
Jun 26, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,766
$317,234
36%
64%
$3,436/mo

City: Sherman

450 Barbara Ln | Property Details | No Agent List