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$450,000

NAL Estimated Property Value

5792 N SH 289, Sherman, TX, 75092

$585,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,442 Sq Ft
price_per_sqft$184.28 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Double Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

About this property

Location, location, location! This 2.85 acres property is situated on State Highway 289, in Pottsboro ISD, and just 3 miles from Hwy 82. The Ranch style home with over 2400 square feet of living space, three bedrooms and two bathrooms sits on a hilltop at the back of the property. The home has good sized rooms, nice closet space, a vaulted living room ceiling and country views. The property has its own well. The 900 square foot shop with a 15x30 overhang has a 200amp service on its own meter. Excellent location in a high traffic area could even make for a great home-based business! Endless possibilities, opportunities, and potential with the proximity to the airport and the growth coming through this area!

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$585,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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