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$495,000

TBD FM 697, Sherman, TX, 75090

On MarketInfo

About this property

Experience the best of both worlds with this beautiful 11-acre property, offering the perfect blend of Texas countryside and easy access to nearby city amenities. Whether you’re looking to build a custom home, create a private retreat, or explore development potential, this property provides a versatile and scenic foundation. Surrounded by mature trees, the land offers natural privacy and picturesque views, all within an established subdivision that continues to see quality growth. With clear building restrictions in place no mobile homes this community maintains long-term value and appeal. Conveniently located just minutes from Sherman’s shopping, dining, and entertainment, and only about 30 minutes from McKinney, you’ll enjoy peaceful living without sacrificing accessibility. This is a rare opportunity to own a sizable tract in a growing area ready for your vision to come to life.

Investor Tools

$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Edwin Gakuo

United Real Estate

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Financing Details

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

City: Sherman

TBD FM 697 | Property Details | No Agent List