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$624,441

NAL Estimated Property Value

6501 Joyce Lane, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,921 Sq Ft
price_per_sqft$179.73 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1 acre

Building Information

Year Built2019
Garage Spaces3

Land Information

APN180 6884041
Lot Number23
SubdivisionWilsonwood Estates
Land UseResidential
Legal DescriptionWILSONWOOD ESTATES, BLOCK 3, LOT 23, ACRES 1.0
Census Tract001901
Assessed Land Value$128,502
Assessed Improvement Value$495,939
Assessment Year2025

About this property

Better than new. 2020 custom home has features that set it above the competition. Cambria natural quartz in the kitchen and master bath. Luxury Bella Cera hand scraped engineered wood floors throughout the first floor. Wood window blinds and a wood and slick wire fence complete this modern farmhouse. The current owners are sad to leave their dream home behind but they are excited for new owners to love it at much as they do. Room to roam inside and out. Convenient to shopping and schools. Close to hwy 289 and hwy 75, Here is your chance to get that new construction look you want RIGHT NOW! No need to wait for a build job. Don't miss out on this opportunity.

Investor Tools

Property Icon
$624,441
Estimated Property Value
$375,687Estimated Mortgage Balance
$248,754Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,747 /month
Positive
Cash Flow Estimate:
$1,249 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,002/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,897
$624,441
2025
$128,502
$495,939
$624,441
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,897
$624,441

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Home Loans Llc
Conventional
$200,000
No
First
Aug 13, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$375,687
$248,754
39%
60%
$2,400/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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6501 Joyce Lane | Property Details | No Agent List