$424,000
NAL Estimated Property Value503 Obsidian Dr, Sherman, TX, 75092
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Tankless Water Heater
Exterior
Lot Size8,677 sqft
Building Information
Garage Spaces3
Land Information
APNS038 2835075
Lot Number5
SubdivisionEstates At Baker Park Phase 1
Land UseInventory Vacant Residential Land
Legal DescriptionESTATES AT BAKER PARK PHASE 1, BLOCK F, LOT 5, ACRES .1992
Census Tract001700
Assessed Land Value$38,668
Assessment Year2025
About this property
Kirlin floorplan under construction.
Investor Tools
$424,000
Estimated Property Value
$287,029Estimated Mortgage Balance
$136,971Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,621 /month
Positive
Cash Flow Estimate:
$874 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$915
$38,668
2025
$38,668
N/A
$38,668
No
Tax History
Year
Tax Paid
Assessed Value
2024
$915
$38,668
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Va
$290,415
Yes
First
Sep 24, 2025
Oct 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,029
$136,971
32%
68%
$1,742/mo
