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$510,000

NAL Estimated Property Value

9942 State Highway 56, Sherman, TX, 75090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,189 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.26 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCeramic Tile, Marble, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size5.30 acres

Building Information

Year Built1996
Garage Spaces3

Land Information

APN151 006108004
SubdivisionBurleson Aaron A-G0061
Land UseResidential
Legal DescriptionG-0061 BURLESON AARON A-G0061, ACRES 5.3
Census Tract000102
Assessment Year2025

About this property

Well Kept Remodeled Home on 5.3 Acres – Horse-Friendly Retreat. Discover the perfect blend of comfort and convenience in this beautifully maintained 3-bedroom, 2 and a half-bath home, ideally located just outside the city limits with quick access to major shopping, dining, and healthcare. Nestled on 5.3 acres, this property offers the tranquility of country living with modern upgrades throughout—and even better, no wall to wall carpet anywhere. Inside, you’ll find two spacious living and dining areas—ideal for relaxing or entertaining, Hunter ceiling fans throughout, and a chef’s kitchen featuring a solid glass top cooktop with downdraft ventilation, custom Italian tile backsplash, a lazy Susan under the cabinet for easy access to your kitchenware or food stuffs, and a deep composite quartz farmhouse sink that resists stains. A stylish soft-close barn door leads to the laundry room, which includes a deep sink and additional toilet for added convenience. The luxurious primary suite boasts a tray ceiling, a spa-like en-suite with HEATED FLOORS for those chilly mornings. Enjoy the outdoors with your private in-ground vinyl pool, perfect for summer days, a covered patio, star lights, and a yard dotted with Crepe Myrtles, Vitex, roses, two pecan trees, and one each of pear, apple, and peach trees. A two-story 16x24 outbuilding with electricity and a floored attic provides additional storage or workshop space, while the garage offers a dedicated workspace—ideal for all your hobbies and projects, a large closet, and room for an extra refrigerator. Additional features include marble flooring at the back door, solar lights lining the front of the driveway to help with nighttime navigation, a roof replaced in 2019 with durable Class 4 shingles, designated boat parking, and an all weather road to the pasture. Best of all, horses are permitted. This stunning home offers space, comfort, and modern convenience all in one—don’t miss the chance to make it yours.

Investor Tools

Property Icon
$510,000
Estimated Property Value
$346,949Estimated Mortgage Balance
$163,051Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,122
$453,002
2025
N/A
N/A
$578,474
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,122
$453,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$350,000
No
First
Nov 3, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,949
$163,051
31%
68%
$2,099/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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9942 State Highway 56 | Property Details | No Agent List