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$1,288,050

NAL Estimated Property Value

6488 Dripping Springs Road, Sherman, TX, 75090

Off MarketInfo
Beds— Beds
Baths— Bath
Baths7,690 Sq Ft
RanchRanch
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Exterior FeaturesFire Pit
Lot Size100.81 acres

Building Information

Year Built1997
Garage Spaces3

Land Information

APN117 1322014
SubdivisionWood Thos J A-G1322
Land UseReal-Non Qual Open Space Land & Residential I
Legal DescriptionG-1322 WOOD THOS J A-G1322, ACRES 100.812
Assessed Land Value$10,764
Assessed Improvement Value$1,277,286
Assessment Year2025

About this property

Picturesque Ranch with rolling terrain and panoramic views of the countryside. Mature trees throughout the property. The hilltop has a large Barndominium with shop and storage for Toys and UTV ATV. Stocked lake and 3 ponds on the property. The frontage is pipe and cable fences, pipe corrals, equipment shed with enclosed storage on one end. Large covered porch and outdoor fire pit with seating. Deer and other wildlife are in the area. The property adjoins a larger ranch on three sides. Nice homes on acreages are in the area. Quiet location for weekends or a great place to live. The Barndo has three bedrooms, two and one half baths. Gourmet kitchen with large island. Appliances included. Multiple open living or dining areas with another living area on the second floor. Primary bedroom is downstairs. Most of the furnishings and fixtures are included with the sale. Move in ready! Cattle and equipment are available on private treaty. Call for appointment , don't miss this one.

Investor Tools

Property Icon
$1,288,050
Estimated Property Value
$0Estimated Mortgage Balance
$1,288,050Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,700 /month
Positive
Cash Flow Estimate:
$8,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$947/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,927
$1,288,050
2025
$10,764
$1,277,286
$2,988,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,927
$1,288,050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,288,050
100%
0%
$0/mo

City: Sherman

6488 Dripping Springs Road | Property Details | No Agent List