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$439,000

2724 Ginger Court, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths2,189 Sq Ft
DuplexDuplex
price_per_sqft$200.55 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Lot Size7,187 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN155 8047183
Lot Number4
SubdivisionThe Grove Addition
Land UseReal-Residential Duplexes
Legal DescriptionTHE GROVE ADDITION, BLOCK J, LOT 4, ACRES .165
Census Tract001700
Assessed Land Value$49,809
Assessed Improvement Value$366,333
Assessment Year2025

About this property

Great investment opportunity! Beautiful newer duplex (2724 & 2728 Ginger Ct) in the fast growing city of Sherman. Each side comes with 3 beds, 2 baths, 1 car garage and a fenced yard. Open floor plan with a spacious living room. Kitchen with a big island, granite countertops, tile backsplash, and stainless steel appliances. Vinyl flooring in living, kitchen, and hallways. Tile flooring in wet areas. Convenient location. Minutes to 75 and 1 mile from the new Sherman High School.

Investor Tools

$178,743Estimated Mortgage Balance
$237,399Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$934/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,127
$416,142
2025
$49,809
$366,333
$416,142
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,127
$416,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$195,000
No
First
May 23, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,743
$237,399
57%
43%
$1,170/mo

City: Sherman

2724 Ginger Court | Property Details | No Agent List