Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$396,000

NAL Estimated Property Value

502 Obsidian Dr, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,879 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.87 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Oven, Microwave, Tankless Water Heater
FlooringCarpet, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,529 sqft

Building Information

Garage Spaces2

Land Information

APNS038 2835005
Lot Number17
SubdivisionEstates At Baker Park Phase 1
Land UseInventory Vacant Residential Land
Legal DescriptionESTATES AT BAKER PARK PHASE 1, BLOCK C, LOT 17, ACRES .1958
Census Tract001700
Assessed Land Value$38,254
Assessed Improvement Value$286,547
Assessment Year2025

About this property

This stunning 3-bedroom, 2-bathroom home offers an open floor plan perfect for modern living. The spacious living area seamlessly connects to the kitchen, creating an inviting space for gatherings. Hand Scraped Hardwood floors enhance the high-traffic areas, adding both style and durability. The two extra-large spare bedrooms provide flexibility for guests, a home office with a bay window and top self window for your fun collectibles, or a hobby room. A 2-car garage offers ample storage and convenience. Nestled in a prime location, you’re just minutes away from Choctaw Casino and Resort, the scenic shores of Lake Texoma, and only 45 minutes from Dallas. Perfect for those seeking a blend of comfort, space, and accessibility.

Investor Tools

Property Icon
$396,000
Estimated Property Value
$370,443Estimated Mortgage Balance
$25,557Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$910
$324,801
2025
$38,254
$286,547
$324,801
No

Tax History

Year
Tax Paid
Assessed Value
2024
$910
$324,801

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Unknown
$373,700
No
First
Nov 14, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,443
$25,557
6%
94%
$2,241/mo

City: Sherman

502 Obsidian Dr | Property Details | No Agent List