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

$373,126

4121 Pigeon Drive, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,854 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.25 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Microwave
FlooringOther

Exterior

Lot Size6,599 sqft

Building Information

Garage Spaces2

Land Information

APN155 8052018
Lot Number31
SubdivisionThe Preserve Phase Iii
Land UseResidential
Legal DescriptionTHE PRESERVE PHASE III, BLOCK 11, LOT 31, ACRES 0.1515
Census Tract001101
Assessed Land Value$29,464
Assessment Year2026

About this property

Welcome home to 4121 Pigeon Drive in The Preserve community in Sherman, TX! Featuring Lillian Homes’ popular Elm floor plan, this beautifully designed single-story home offers 1,854 square feet of comfortable living space with 4 bedrooms, 2 bathrooms, and a 2-car garage. Available December 2026, this new construction home combines thoughtful design, modern features, and everyday functionality. Step inside to discover an inviting open-concept living area that seamlessly connects the family room, kitchen, and dining area. A cozy fireplace serves as the focal point of the family room, creating the perfect setting for relaxing evenings or entertaining guests. The extended covered front porch adds charming curb appeal, while the covered back patio offers additional space to enjoy the outdoors. The spacious primary suite provides a private retreat with a large walk-in closet and an ensuite bathroom featuring a double vanity, separate soaking bathtub, and walk-in shower. Three additional bedrooms offer flexibility for family, guests, or a home office. Built with Lillian Homes’ commitment to quality, this home features spray foam insulation for enhanced energy efficiency and year-round comfort. Located in The Preserve in Sherman, Texas, and zoned to Sherman ISD, 4121 Pigeon Drive offers the perfect opportunity to enjoy modern new construction living. Schedule your tour today!

Investor Tools

$348,163Estimated Mortgage Balance
$340,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,239 /month
Positive
Cash Flow Estimate:
$746 /month

Interested in this property?

Ashlee McGhee

Keller Williams Realty DPR

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$718
$29,464
2026
$29,464
N/A
$29,464
No

Tax History

Year
Tax Paid
Assessed Value
2025
$718
$29,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Unknown
$100,100
No
First
Aug 10, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,163
N/A
0%
102%
$2,130/mo

City: Sherman

4121 Pigeon Drive | Property Details | No Agent List