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$363,988

NAL Estimated Property Value

700 W Sherman Dr, Aubrey, TX, 76227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.95 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOther
Lot Size13,112 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR280934
Lot Number2A
SubdivisionTesterman Addn
Land UseResidential
Legal DescriptionTESTERMAN ADDN BLK 1 LOT 2A
Census Tract020117
Assessed Land Value$82,603
Assessed Improvement Value$281,385
Assessment Year2025

About this property

This one-story home epitomizes comfortable country living with its charming design and thoughtful layout. Situated on a sprawling plot of land, the house boasts a generous backyard with room for parking your RV, along with a cleanout, and a backyard HUGE shed for storing all the excess. This 3 bedroom, 2 bath home features a great split floor plan with an open concept and two dining spaces. The heart of the home is the spacious living room, characterized by large windows that flood the area with natural light. This home is full of charm, functionality, and country charm. COME SEE IT before it's gone.

Investor Tools

Property Icon
$363,988
Estimated Property Value
$234,228Estimated Mortgage Balance
$129,760Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,516
$363,988
2025
$82,603
$281,385
$363,988
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,516
$363,988

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$243,750
No
First
Mar 18, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,228
$129,760
35%
64%
$1,462/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$1,462/mo
+$1,358/mo
9.3%

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: Aubrey

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700 W Sherman Dr | Property Details | No Agent List