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$303,098

NAL Estimated Property Value

4911 Dry Creek Rd, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,439 Sq Ft
price_per_sqft$205.63 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size4,482 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN119 8049032
Lot Number2
SubdivisionCottages At Magnolia Villiage
Land UseResidential
Legal DescriptionCOTTAGES AT MAGNOLIA VILLIAGE, BLOCK 2, LOT 2, ACRES .1029
Census Tract000904
Assessed Land Value$57,281
Assessed Improvement Value$245,817
Assessment Year2025

About this property

Welcome to this stunning new construction home in the heart of North Texas, where modern elegance meets comfortable living. This 3 bdrm, 2 bath gem is a testament to quality craftsmanship and attention to detail.As you step inside, you'll be greeted by an open-concept living space bathed in natural light, thanks to large windows.The spacious living room is perfect for entertaining, featuring high ceilings.The kitchen is a chef's dream, boasting stainless steel appliances, sleek granite countertops, and ample cabinet space for all your culinary needs. The adjacent dining area provides a perfect setting for family meals and gatherings.The primary bedroom suite is a true retreat, offering a spacious layout, a walk-in closet, and a luxurious en-suite bath. This home also includes a dedicated laundry room and a 2-car garage for your convenience. Situated in a prime location in North Texas, just minutes away from amenities, schools, and transportation routes. Aprox completion Nov 30 2023

Investor Tools

Property Icon
$303,098
Estimated Property Value
$283,410Estimated Mortgage Balance
$19,688Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,819 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$400
$303,098
2025
$57,281
$245,817
$303,098
No

Tax History

Year
Tax Paid
Assessed Value
2024
$400
$303,098

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$295,900
Yes
First
Jan 30, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,410
$19,688
6%
94%
$1,775/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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4911 Dry Creek Rd | Property Details | No Agent List