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$605,000

NAL Estimated Property Value

TBD Fm-697, Sherman, TX, 75090

Off MarketInfo

About this property

Serene Country Living with Urban Convenience Discover the perfect balance of rural tranquility and modern accessibility with this exceptional 11-acre property. Ideal for those seeking countryside living without sacrificing proximity to amenities, this pristine land presents a blank canvas for your vision—whether it's a custom ranch home, luxury estate, or thoughtful housing development. Property Highlights 11 acres of beautiful Texas countryside Abundant mature trees creating natural privacy and scenic views Located in an established subdivision with ongoing quality development Clear building restrictions (no mobile homes or RVs permitted) Ideal Location Just minutes from Sherman's shopping centers, restaurants, and entertainment options, while only a convenient 30+ minute drive to thriving McKinney. This strategic location offers the serenity of country living with easy access to urban conveniences. This exceptional property represents a rare opportunity to create your dream home surrounded by natural beauty while maintaining connection to city amenities. A perfect foundation for your future—whether you envision a peaceful family retreat or an ambitious development project.

Investor Tools

Property Icon
$605,000
Estimated Property Value
$0Estimated Mortgage Balance
$605,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,630 /month
Positive
Cash Flow Estimate:
$1,210 /month

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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