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$55,849

474 Sioux Dr, Gordonville, TX, 76245

$72,604 ARVInfo
Off MarketInfo
Baths0 Bath
Baths952 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size15,002 sqft

Building Information

Year Built1970
Garage Spaces1

Land Information

APN021A6547387
Lot Number746-748
SubdivisionSherwood Shores Unit 2
Land UseResidential
Legal DescriptionSHERWOOD SHORES UNIT 2, LOT 746 THRU 748, ACRES .3444
Census Tract000304
Assessed Land Value$51,150
Assessed Improvement Value$4,699
Assessment Year2025

About this property

Cleared TRIPLE LOT just for you!! 0.34 Acres near Lake Texoma! The perfect opportunity to build your dream getaway with a blend of mature trees and clear areas, providing a balance of natural beauty and open space. Existing house on lot requires removal, the true value lies in the land itself. Add a Mobile Home, Manufactured Home, a single family build, and explore the potential of a barndominium! Enjoy close proximity to boat rentals, docks, and all the lake activities you love, with the added benefit of no HOA and being located outside city limits. Whether you're envisioning a vacation home, weekend retreat, or an investment property, this lot presents an excellent canvas for your vision. Don't miss out on this prime location near one of Texas' most popular lakes!

Investor Tools

Property Icon
$55,849
Estimated Property Value
$43,000Estimated Mortgage Balance
$13,414Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$72,604
Rent-to-Value Ratio: 0.72%
Rent Estimate
$359 /month
Positive
Cash Flow Estimate:
$120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$990
$55,849
2025
$51,150
$4,699
$55,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$990
$55,849

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Commercial
$43,000
No
First
Aug 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,435
$13,414
24%
76%
$258/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: Gordonville

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474 Sioux Dr | Property Details | No Agent List