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B+
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$316,000

512 Courtney Drive, Sherman, TX, 75092

SoldInfo
6/22/26
Beds3 Beds
Baths2 Bath
Baths1,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.43 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size7,492 sqft

Building Information

Garage Spaces2

Land Information

APN154 8367007
Lot Number13
SubdivisionWashington Meadows Phase Two
Land UseResidential
Legal DescriptionWASHINGTON MEADOWS PHASE TWO, BLOCK D, LOT 13, ACRES .172
Census Tract001300
Assessed Land Value$37,483
Assessment Year2025

About this property

Welcome to 512 Courtney Dr, Sherman, TX, featuring The Pinto floor plan with 1,761 sq ft on a 60’ x 125’ lot and NO HOA. This all-electric, 3-bedroom, 2-bath, 2-car garage home offers LVP flooring throughout with no carpet, 10’ ceilings in the living area, and abundant natural light. The kitchen features eucalyptus green cabinets, white Carrara quartz countertops, a 2-tiered island, herringbone subway tile backsplash, under-cabinet LED lighting, and a full appliance package. The primary suite includes a coffered ceiling and spa-like bath with frameless glass walk-in shower, soaking tub, double vanity, and large walk-in closet with built-ins. Additional highlights include a stained Craftsman entry door, gold plumbing and lighting fixtures, 2” faux wood blinds, Low-E windows, 25-year roof, high-efficiency HVAC, 6’ privacy fence, and a large covered back patio Seller offering $7,500 FlexCash incentive, plus an additional $2,000 bonus (up to $9,500 total) for buyers who close within 30 days of contract execution.

Investor Tools

Property Icon
$316,000
Estimated Property Value
$0Estimated Mortgage Balance
$70,895Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,917 /month
Positive
Cash Flow Estimate:
$639 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,190
$37,483
2025
$37,483
N/A
$37,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,190
$37,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameristate Bank
Building Or Construction Loan
$250,650
No
First
Mar 21, 2025
Mar 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,105
$70,895
22%
78%
$1,503/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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512 Courtney Drive | Property Details | No Agent List