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$288,011

NAL Estimated Property Value

513 W Mclain Dr, Sherman, TX, 75092

$303,053 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,440 Sq Ft
price_per_sqft$112.66 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size23,296 sqft

Building Information

Year Built1967
Roof Type127
Garage Spaces1

Land Information

APNS012 2292059
Lot Number1-2
SubdivisionWindsor Place Addn (Replat)
Land UseResidential
Legal DescriptionWINDSOR PLACE ADDN (REPLAT), BLOCK 11, LOT 1 2 & PT 3, ACRES .5348
Census Tract000904
Assessed Land Value$69,890
Assessed Improvement Value$218,121
Assessment Year2025

About this property

Nestled in the established and desirable west side of Sherman, this well-loved home is full of character, warmth, and opportunity. Having been well cared for over the years, it offers solid bones and a welcoming layout. Inside, you’ll find comfortable living spaces filled with natural light, creating a cozy atmosphere perfect for everyday living or entertaining. Very large living room with vaulted ceilings and built in cabinets...Multiple wood-burning fireplaces serve as beautiful focal points throughout the home also. Never get cold in any winter power blackouts. Head outside to discover one of the property’s standout features — an exceptionally large, fully fenced backyard. Whether you envision a garden oasis, play area, workshop, pool, or expanded outdoor entertaining space, this yard provides endless possibilities. So much room you will forget you're in town. There’s ample space for pets, gatherings with friends and family, or simply enjoying peaceful Texas evenings. Located in West Sherman with convenient access to schools, shopping, and dining, this property is ideal for buyers looking to invest in a home with heart and make it their own. Opportunity, space, charm, and potential — all in one inviting package. Contact your favorite agent to see it.

Investor Tools

Property Icon
$288,011
Estimated Property Value
$0Estimated Mortgage Balance
$288,011Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$303,053
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$856
$288,011
2025
$69,890
$218,121
$288,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$856
$288,011

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$288,011
100%
0%
$0/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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513 W Mclain Dr | Property Details | No Agent List