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Owner Contacts

$362,000

NAL Estimated Property Value

5016 Rolling Hills Dr, Sherman, TX, 75092

Off Market

4 Beds

2 Bath

2,275 Sq Ft

Single Family Residence

$156.04 / sqft

Built in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

AppliancesDishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer

FlooringCarpet, Laminate

Exterior

Exterior FeaturesPrivate Entrance

Lot Size1.15 acres

Building Information

Year Built1979

Garage Spaces5

Land Information

APN182A6622035

Lot Number34

SubdivisionWestern Acres

Land UseResidential

Legal DescriptionWESTERN ACRES, LOT 34, ACRES 1.1542

Census Tract001901

Assessed Land Value$135,750

Assessed Improvement Value$188,958

Assessment Year2025

About this property

**SELLERS ARE MOTIVATED** Dreaming of owning a home on 1+ acres? Come see this country home with 4 bedrooms, 2 baths & large office. Features include large bedrooms, oversized closets and tons of storage. Updated kitchen & baths include granite & stainless steel appliances & the laundry room is the size of a bedroom! Solar panels are paid for & with the low E vinyl single-hung windows, this home is very energy efficient (see elec bills in docs). Enjoy a relaxing evening in your huge backyard. Included is an insulated metal shop with 2-vehicle carport, outbuilding with electric (perfect as a she-shed or man cave) and plenty of grassy space for kids and furry family members to run and play. 3 car carport is attached to home. Minutes from brand new high school & quick to 75 or Preston. Located in a quiet & well-maintained neighborhood. Spacious home & yard with plenty of room to add your personal touch. Whirlpool fridge & 2 year old GE washer & dryer included

Investor Tools

$362,000

Estimated Property Value

$337,188Estimated Mortgage Balance

$24,812Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,172 /month

Positive

Cash Flow Estimate:

$724 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$546/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$324,708

2025

$135,750

$188,958

$324,708

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$324,708

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$358,050

Yes

First

Mar 17, 2023

Apr 2063

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$337,188

$24,812

93%

$2,147/mo

Learn About the Market: Opportunity in Texas

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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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