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A+
NoAgentList RatingHow are grades calculated?Info
Days40Days on Market
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$355,000

$360,000

716 Westwood Dr, Sherman, TX, 75092

$461,500 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths3,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.18 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Gas Range
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size12,624 sqft

Building Information

Year Built1952
Roof Type127
Garage Spaces2

Land Information

APNS028 2266014
Lot Number13
SubdivisionWestwood Addn
Land UseResidential
Legal DescriptionWESTWOOD ADDN, LOT 13, ACRES .2898
Census Tract001300
Assessed Land Value$75,245
Assessed Improvement Value$423,737
Assessment Year2025

About this property

AUTHENTIC MIDCENTURY MODERN HOME WITH FINISHED BASEMENT, SECRET PASSAGES & OVER 3,850 SQ FT IN WEST SHERMAN! MCM lovers—this is the opportunity you've been waiting for. Priced with updates in mind, this rare midcentury modern home offers the chance to own over 3,850 square feet of character, originality, and architectural charm in one of Sherman's most established neighborhoods—all at a price point that leaves room to personalize and create value. Built in 1952 and filled with authentic midcentury details, this one-of-a-kind home features original hardwood floors, Saltillo tile, vintage shutters, custom built-ins, and two hidden secret passages that make it unlike anything else on the market. Abundant natural light, unique spaces, and original craftsmanship create the perfect canvas for buyers who appreciate homes with personality and a story to tell. The spacious primary suite includes an ensuite bath, separate mirrored dressing area, and two large walk-in closets. Multiple living and gathering spaces provide flexibility for entertaining, working from home, hobbies, or everyday living. Downstairs, the finished basement adds incredible versatility with its own private entrance, separate bedroom, full bath, and kitchenette—ideal for guests, multigenerational living, studio space, home office needs, or additional living quarters. The roof was replaced in July 2024, providing added peace of mind while you focus on making the home your own. Authentic midcentury homes with this level of character, square footage, and flexibility rarely become available at this price point. Conveniently located in desirable West Sherman near Highway 75, shopping, dining, schools, and local conveniences, this is a rare opportunity to own a truly distinctive home with endless possibilities. Some homes blend in. This one was designed to stand out.

Investor Tools

$273,663Estimated Mortgage Balance
$203,761Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$461,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,861 /month
Positive
Cash Flow Estimate:
$954 /month

Interested in this property?

Jeff Austin

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,943
$476,860
2025
$75,245
$423,737
$498,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,943
$476,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$309,294
Yes
First
Jul 28, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,663
$203,197
42%
57%
$1,855/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.

Explore Texas Explore This Area
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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716 Westwood Dr | Property Details | No Agent List