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$224,000

NAL Estimated Property Value

450 High Country Rd, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,213 Sq Ft
price_per_sqft$230.83 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.31 acres

Building Information

Year Built1980
Garage Spaces2

Land Information

APN120 052200346
SubdivisionHumes Alfred A-G0522
Land UseResidential
Legal DescriptionG-0522 HUMES ALFRED A-G0522, BLOCK B, TRACT 9, ACRES 1.31
Census Tract001101
Assessed Land Value$134,485
Assessed Improvement Value$101,515
Assessment Year2025

About this property

HIGHLY MOTIVATED SELLER! BRING YOUR BEST OFFER! Escape to your own private 1.31-acre oasis outside Sherman—without breaking the bank! This charming 3-bedroom, 2-bathroom home offers the perfect blend of comfortable living and abundant space for your passions. Picture yourself tending a vibrant garden, creating in your well-equipped workshop (electricity included!), or unwinding on the covered patio after a day of creative projects. The attached 2-car garage provides convenient parking and project space. Easy-to-clean ceramic tile floors leave you more time to enjoy life. This home offers more than meets the eye! Schedule your showing today!

Investor Tools

Property Icon
$224,000
Estimated Property Value
$236,389Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,505
$189,320
2025
$134,485
$101,515
$236,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,505
$189,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$231,725
Yes
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,389
N/A
0%
106%
$1,446/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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450 High Country Rd | Property Details | No Agent List