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$328,000

723 Nolan Dr, Sherman, TX, 75092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,582 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.33 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Convection Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,276 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN154 8035019
Lot Number1
SubdivisionWashington Meadows Phase 1
Land UseResidential
Legal DescriptionWASHINGTON MEADOWS PHASE 1, BLOCK C, LOT 1, ACRES .19
Census Tract001300
Assessed Land Value$59,507
Assessed Improvement Value$240,258
Assessment Year2025

About this property

Pride of ownership shines through in this gorgeous home, on a 68’ corner lot, with no neighbors on three sides! This fantastic 3 bed, 2 bath home, built in 2021, is in an ideal location: West Sherman with easy access to 82, 75, 56, and 289 (Preston Rd). Loaded with upgrades including extended LVP flooring (no carpet), Samsung Bespoke stainless appliance package, custom lighting, upgraded HVAC, oversized primary shower, Smart Home and security features, and front landscaping with stone barrier. New roof in 2024. Don’t miss your chance - this one is an amazing value!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$347,310Estimated Mortgage Balance
$0Estimated Equity
-12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,027
$299,765
2025
$59,507
$240,258
$299,765
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,027
$299,765

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$347,310
Yes
First
Mar 21, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,151
N/A
0%
110%
$2,083/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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723 Nolan Dr | Property Details | No Agent List