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$517,710

511 Obsidian Drive, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,617 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.83 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Tankless Water Heater

Exterior

Lot Size8,250 sqft

Building Information

Garage Spaces3

Land Information

APNS038 2835077
Lot Number7
SubdivisionEstates At Baker Park Phase 1
Land UseInventory Vacant Residential Land
Legal DescriptionESTATES AT BAKER PARK PHASE 1, BLOCK F, LOT 7, ACRES .1894
Census Tract001700
Assessed Land Value$37,511
Assessment Year2025

About this property

Welcome to this beautifully designed home offering the perfect blend of comfort, style, and functionality. Featuring 4 bedrooms, 3 bathrooms, and 2 master suites, this residence provides a flexible layout ideal for multigenerational living, guests, or added privacy. The open-concept design creates a seamless flow between the main living spaces, enhanced by hardwood floors throughout the traffic areas that add warmth and timeless character. The living room serves as the heart of the home, complete with a cozy fireplace, perfect for relaxing evenings or entertaining guests. The kitchen is a true highlight, showcasing elegant quartz countertops that combine modern style with durability, making it ideal for both everyday cooking and hosting gatherings. Designed with versatility in mind, this home also includes a dedicated office for working from home and a spacious game room for entertainment and family fun. The thoughtful layout ensures everyone has their own space while still feeling connected.

Investor Tools

$638,621Estimated Mortgage Balance
$498,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,106 /month
Positive
Cash Flow Estimate:
$1,035 /month

Interested in this property?

Michelle Couch

MC Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$898
$37,511
2025
$37,511
N/A
$37,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$898
$37,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Unknown
$642,341
No
First
Apr 2, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$638,621
N/A
0%
128%
$3,852/mo

City: Sherman

511 Obsidian Drive | Property Details | No Agent List