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$249,500

117 Laughlin Rd, Sherman, TX, 75092

On MarketInfo
Just AddedInfo

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size26,572 sqft

Building Information

Garage Spaces9

Land Information

APN208B658400902
SubdivisionLaughlin Acres Unit 2
Land UseAgriculture / Farming
Legal DescriptionLAUGHLIN ACRES UNIT 2, LOT PT LOT 9, ACRES .61
Census Tract001901
Assessed Land Value$53,729
Assessed Improvement Value$28,870
Assessment Year2026

About this property

Just hitting the market, this 2-acre parcel gives you room to build without anyone looking over your shoulder. No HOA, no POA, no deed restrictions - put up a cabin, a shop, or a full custom home; your choice. Located just outside city limits, the property is lined with stunning mature trees, including a stand of pecans, and fully enclosed with pipe fencing and a gate, giving you privacy and security from day one. Utilities are already in place: electric, water, and a septic system sized for a 2,500 sq ft home. A gravel driveway leads to an underground, electric-powered workshop (formerly used as a she shed ), ready for whatever you need: office, studio, or extra storage. RV hookups are ready to go if you need them, with wide-open sunset views over a quiet, low-traffic area. Everything's in place; all that's missing is your build.

Investor Tools

$0Estimated Mortgage Balance
$348,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

Interested in this property?

Steven Koleno

Beycome Brokerage Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,014
$82,599
2026
$53,729
$28,870
$82,599
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,014
$82,599

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$348,000
100%
0%
$0/mo

City: Sherman

117 Laughlin Rd | Property Details | No Agent List