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$469,000

NAL Estimated Property Value

768 Choctaw Est Cir, Sherman, TX, 75092

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,721 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.65 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size2 acres

Building Information

Year Built1984
Roof Type109
Garage Spaces2

Land Information

APN180A102800433
SubdivisionReed Leonard A-G1028
Land UseResidential
Legal DescriptionG-1028 REED LEONARD A-G1028, TRACT 30 CHOCTAW ESTATES, ACRES 2.0
Census Tract001901
Assessed Land Value$134,000
Assessed Improvement Value$248,861
Assessment Year2025

About this property

Nestled amidst sprawling trees, this enchanting two-story home beckons you to indulge in its rustic charm. Set upon 2 acres, this abode offers a serene escape from the hustle and bustle of city life. Recently replaced carpeting in the living areas and Daltile tile flooring in the kitchen, dining, utility room, and office add a touch of modern luxury to the timeless appeal of this residence. A new roof and HVAC system installed in 2020, along with updated electrical wiring in 2019, ensure peace of mind and efficiency for years to come. Outside, a detached garage offers additional living space upstairs, complete with a cozy window unit for comfort. Watch the sunset from the comfort of your covered front porch. Enjoy ample parking space for guests and outdoor gatherings. Located just beyond the city limits, this idyllic retreat offers the perfect blend of tranquility and convenience. Come home to a place where nature's beauty meets modern comfort – your own piece of paradise awaits.

Investor Tools

Property Icon
$469,000
Estimated Property Value
$333,396Estimated Mortgage Balance
$135,604Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
$20/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,227
$382,861
2025
$134,000
$248,861
$382,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,227
$382,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$342,000
No
First
Dec 26, 2024
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,396
$135,604
28%
71%
$2,051/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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768 Choctaw Est Cir | Property Details | No Agent List