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$448,500

$449,000

823 Higgins Road, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Price DropInfo
Baths0 Bath
Baths728 Sq Ft
RanchRanch
Year BuiltBuilt in 1985

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Lot Size6.61 acres

Building Information

Year Built1985
Garage Spaces13

Land Information

APN160 065000202
SubdivisionJames Hogan A-G0650
Land UseReal-Non Qual Open Space Land & Residential I
Legal DescriptionG-0650 JAMES HOGAN A-G0650, ACRES 6.612, LABEL# HWC0084667, SN1 AAOK0547
Census Tract001901
Assessment Year2025

About this property

NO CITY TAXES OUTSIDE CITY LIMITS!!! 6.61 ACRES in the beautiful countryside of Higgins Rd IN WEST SHERMAN OFF 289 THE FAMILY IS WORKING ON CLEARING THE ACREAGE, AS PREVIOUSLY USED FOR A SMALL PRIVATE OWNED BUSINESS LOCATION. THE PROPERTY BOAST A 2400 SF SHOP, WITH 2 HOISTS. THERE IS ALSO A 2500 SF BUIDING WITH USABLE ONE BEDROOM LIVING QUARTERS AND SHOP. A BARN IS ON PROPERTY IN NORTH PART OF THE ACREAGE. THERE IS ANOTHER SMALLER OUTBUILDING. ALL STRUCURES HAVE UTILITES IN PLACE. THERE ARE ENDLESS POSSIBILITIES FOR THIS LANDS USE. S&S SCHOOL DISTRICT. YOU WOULD BE CLOSE ENOUGH TO SHERMAN FOR ALL YOUR DAILY NEEDS, BUT, FAR ENOUGH OUT OF CITY LIMITS TO CREATE YOUR DREAM, IN A SOUGHT AFTER WEST SHERMAN LOCATION. PERFECT SETTING FOR MULTI FAMILY BUILD, WEDDING VENUE, OR YOUR OWN BUSINESS. THE USES ARE ENDLESS. DO not drive into property without notifying agent. PERFECT LOCATION FOR AN EVENT OR WEDDING VENUE THERE IS ALSO A BUILDING TO BE ENHANCED FOR KITCHEN USE. PUT YOUR IDEAS TO MOTION PROPERTY ALL ALONG HIGGINS ACROSS THE STREET FOR ALMONST A MILE IS LOVELY AND ALWAYS MAINTAINED.

Investor Tools

Property Icon
$531,000
Estimated Property Value
$0Estimated Mortgage Balance
$531,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,186 /month
Positive
Cash Flow Estimate:
$1,062 /month

Interested in this property?

Donna Brown

Texas Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,200
$418,963
2025
N/A
N/A
$435,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,200
$418,963

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$531,000
100%
0%
$0/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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823 Higgins Road | Property Details | No Agent List