Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$225,000

1602 Idlewood Dr, Sherman, TX, 75092

$287,247 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,455 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.65 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range

Exterior

Lot Size14,993 sqft

Building Information

Year Built1973
Garage Spaces2

Land Information

APNS013 230000201
Lot Number6
SubdivisionTurtle Creek N Sec 3(Replt)
Land UseResidential
Legal DescriptionTURTLE CREEK N SEC 3(REPLT), BLOCK 2, LOT 6 & E 7.08 FT 5, ACRES .3442
Census Tract000904
Assessed Land Value$62,213
Assessed Improvement Value$260,966
Assessment Year2025

About this property

Great opportunity in Sherman! Located at 1602 Idlewood Drive, this tenant-occupied 3-bedroom home offers a versatile floor plan with multiple additional living spaces. Beyond the three bedrooms, the home features a bonus room, dedicated office, and bar area, providing plenty of flexibility for entertaining, working from home, or everyday living. The additional rooms offer endless possibilities to fit a variety of needs. With a tenant already in place, this property also presents an attractive opportunity for investors looking to expand their rental portfolio. Whether you're searching for your next investment or a future personal residence, this property offers space, flexibility, and potential in an established Sherman neighborhood!

Investor Tools

$67,480Estimated Mortgage Balance
$236,520Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$287,247
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

Interested in this property?

Clay Gilbert

C-21 DEAN GILBERT, REALTORS

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,733
$261,388
2025
$62,213
$260,966
$323,179
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,733
$261,388

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Landmark Bank Na
Conventional
$86,600
No
First
Jun 30, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,480
$236,520
77%
22%
$520/mo

City: Sherman

1602 Idlewood Dr | Property Details | No Agent List