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$275,000

406 Cody Ln, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.67 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Oven
FlooringCeramic Tile, Vinyl

Exterior

Lot Size30,279 sqft

Building Information

Year Built1995
Garage Spaces3

Land Information

APN157C6158004
Lot Number4
SubdivisionWestridge Addn
Land UseResidential
Legal DescriptionWESTRIDGE ADDN, BLOCK 1, LOT 4, ACRES .6951
Census Tract001101
Assessed Land Value$90,232
Assessed Improvement Value$203,147
Assessment Year2025

About this property

Surrounded by mature trees and tucked into a peaceful setting, this unique home gives you the feeling of being away from it all while still being close to everything you need. If staying cool is a priority, this highly efficient home is one you’ll want to see! Enjoy your morning coffee or unwind in the evening from the inviting front and side porches, both perfect for relaxing and taking in the natural surroundings. With approximately 1,701 square feet of living space on a spacious 0.7-acre lot, the home offers plenty of room to spread out. Upstairs, you’ll find an additional hangout area and bedroom, creating a great space for guests, a game room, home office, or second living area. Whether you’re looking for a peaceful retreat surrounded by trees or a home with room to entertain and host guests, this property offers a unique combination of comfort, space, and an incredible outdoor atmosphere.

Investor Tools

$70,345Estimated Mortgage Balance
$204,655Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Drew Thorpe

Texoma Experts Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,324
$235,796
2025
$90,232
$203,147
$293,379
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,324
$235,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$80,000
No
First
Jul 27, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,345
$204,655
74%
26%
$480/mo

City: Sherman

406 Cody Ln | Property Details | No Agent List