2920 Serenity Ln · Sherman, TX 75092

$249,990

5 bd · 2.5 ba · 1,892 sqft · SingleFamily · 185 Days on market

Built 2026 Good condition $132/sqft · 9% below area Est $274k · 9% under ↓ 7% since listing

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.7/30.0
• ARV discount +11.4/15.0
• DSCR +4.9/10.0
• 1% rule +4.3/10.0
• Condition / age +4.0/5.0
• Schools +3.3/10.0
• Livability +3.1/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

Key facts

• Adjacent dining area
• Walk in closet
• Ensuite bathroom

Tags

• TWO STORY FLOORPLAN
• EXPANSIVE FAMILY ROOM
• HARD SURFACE COUNTERTOPS
• ADJACENT DINING AREA
• WALK IN CLOSET
• ENSUITE BATHROOM

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $250k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $112 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $233k (6.9% below list).
• Recommended offer: $220k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% vs local median 3.8% in Sherman — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 61/100 on livability (#1,027 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment C-, amenities F.
• Sherman ISD (urban): math 31% / reading 37% proficiency, ranked #546 of 826 in TX (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Fairview El (math 32% / reading 37%, grade F, #1,995 of 4,322 statewide, top 50%, 294 students, 75% FRL); Piner Middle (math 31% / reading 41%, grade F, #805 of 1,662 statewide, top 50%, 818 students, 75% FRL); Sherman H S (math 28% / reading 44%, grade F, #930 of 1,632 statewide, top 57%, 2,155 students, 70% FRL).
• Market conditions: Rents soft (-2.4%/yr); 764 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,272 units permitted in Grayson County in 2024 (750 in 5+ unit buildings).
• This rent runs 41% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Grayson County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 185 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $219,991 (12.0% below list)

Questions for the listing agent

1. It's been on market 185 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.93% ✗
• Cap rate: 6.83%
• Cash-on-cash: 1.92%
• DSCR: 1.09
• GRM: 8.9

CMA / ARV

• ARV (median comp): $273,869
• List price: $249,990
• Delta: -8.72%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2908 Serenity Ln	0.03mi	5/2.5	1,892 (0%)	0mo	$254,990	$135	98
2920 Serenity Ln	0.27mi	5/2.5	1,892 (0%)	0mo	$254,990	$135	87
3027 Serenity Ln	0.27mi	5/2.5	1,892 (0%)	0mo	$249,990	$132	87
3002 Serenity Ln	0.27mi	5/2.5	1,892 (0%)	1mo	$259,990	$137	86
2321 Diana Dr	0.53mi	4/2.0 (-1)	1,859 (-2%)	1mo	$255,000	$137	65
2705 N Ricketts St	0.25mi	4/2.0 (-1)	1,771 (-6%)	8mo	$294,000	$166	64
810 Sagebrush Trl	0.42mi	4/3.0 (-1)	2,017 (+7%)	8mo	$339,990	$169	56
405 Mcnelly Ln	0.66mi	4/2.0 (-1)	1,760 (-7%)	1mo	$272,999	$155	50
809 Sagebrush Trl	0.45mi	4/2.5 (-1)	2,173 (+15%)	1mo	$349,990	$161	49
3615 Arrowhead Ln	0.56mi	4/3.0 (-1)	2,171 (+15%)	6mo	$369,000	$170	37
3700 Hickory St	0.62mi	4/3.0 (-1)	2,172 (+15%)	5mo	$369,000	$170	35
3612 Hickory St	0.61mi	4/3.0 (-1)	2,173 (+15%)	7mo	$350,000	$161	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -16.7%
• Equity multiple: 0.43×
• Total profit: $-40,182
• Equity at exit: $37,274

10-year hold

• IRR: -15.2%
• Equity multiple: 0.26×
• Total profit: $-52,054
• Equity at exit: $21,615

Cash invested: $69,997 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 20 active · 13 under contract
• Months of supply: 7.1 mo (14%/mo absorbed)
• Median asking: $304,750 ($152/sqft)
• Median days on market: 161 d
• This list price: 10% of active listings are priced below it
• ARV vs active asking: -5.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 75092

• Rents YoY: -2.4%
• Active inventory: 764
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,328 high
• Mortgage (P&I): −$1,311
• Tax est. 1.5%: −$312 /mo · $3,750/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$489
• Net cashflow: $112

Break-even live

Break-even rent $2,187

Max offer price $249,990

Occupancy floor 90%

Sensitivity live

Price	-10% $284	-5% $198	+0% $112	+5% $25	+10% $-61
Rent	-10% $-72	-5% $20	+0% $112	+5% $204	+10% $296
Rate	-1.0pp $238	-0.5pp $175	base $112	+0.5pp $47	+1.0pp $-19

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,498
• Closing costs: $7,500
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2429 N Ricketts St Unit NA Sherman, TX	4.0	2.0	1804	$2,200	$1.22	93d	1	0.40mi
619 Sagebrush Trl Sherman, TX	4.0	3.0	2386	$2,400	$1.01	93d	1	0.50mi
504 Sagebrush Trl Sherman, TX	5.0	3.0	2472	$2,545	$1.03	93d	1	0.51mi
418 Sagebrush Trl Sherman, TX	5.0	3.0	2472	$2,490	$1.01	93d	1	0.53mi
609 E McGee St Unit 609 Sherman, TX	4.0	2.5	1600	$1,800	$1.12	93d	1	1.41mi
1704 W Birge St Sherman, TX	4.0	2.0	1942	$2,200	$1.13	93d	1	1.44mi

Listing history 47 events

1. 2026-07-14
   days on market $249,990 Active 185 DOM
2. 2026-07-13
   days on market $249,990 Active 184 DOM
3. 2026-07-12
   days on market $249,990 Active 183 DOM
4. 2026-07-11
   days on market $249,990 Active 182 DOM
5. 2026-07-10
   days on market $249,990 Active 181 DOM
6. 2026-07-09
   days on market $249,990 Active 180 DOM
7. 2026-07-08
   days on market $249,990 Active 179 DOM
8. 2026-07-07
   days on market $249,990 Active 178 DOM
9. 2026-07-06
   days on market $249,990 Active 177 DOM
10. 2026-07-05
    days on market $249,990 Active 176 DOM
11. 2026-07-04
    days on market $249,990 Active 175 DOM
12. 2026-07-03
    price $249,990 Active 174 DOM
13. 2026-07-03
    days on market $254,990 Active 174 DOM
14. 2026-07-02
    days on market $254,990 Active 173 DOM
15. 2026-07-01
    days on market $254,990 Active 172 DOM
16. 2026-06-30
    days on market $254,990 Active 171 DOM
17. 2026-06-29
    days on market $254,990 Active 170 DOM
18. 2026-06-28
    days on market $254,990 Active 169 DOM
19. 2026-06-28
    days on market $254,990 Active 168 DOM
20. 2026-06-27
    days on market $254,990 Active 167 DOM
21. 2026-06-26
    days on market $254,990 Active 166 DOM
22. 2026-06-23
    days on market $254,990 Active 163 DOM
23. 2026-06-21
    days on market $254,990 Active 162 DOM
24. 2026-06-19
    days on market $254,990 Active 160 DOM
25. 2026-06-18
    days on market $254,990 Active 159 DOM
26. 2026-06-17
    days on market $254,990 Active 158 DOM
27. 2026-06-16
    days on market $254,990 Active 157 DOM
28. 2026-06-15
    days on market $254,990 Active 156 DOM
29. 2026-06-14
    days on market $254,990 Active 154 DOM
30. 2026-06-13
    days on market $254,990 Active 153 DOM
31. 2026-06-10
    days on market $254,990 Active 151 DOM
32. 2026-06-09
    days on market $254,990 Active 150 DOM
33. 2026-06-08
    days on market $254,990 Active 149 DOM
34. 2026-06-07
    days on market $254,990 Active 148 DOM
35. 2026-06-03
    pricedays on market $254,990 Active 144 DOM
36. 2026-06-02
    days on market $259,990 Active 143 DOM
37. 2026-06-01
    days on market $259,990 Active 142 DOM
38. 2026-05-31
    days on market $259,990 Active 141 DOM
39. 2026-05-30
    days on market $259,990 Active 140 DOM
40. 2026-05-13
    price $259,990 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

41. 2026-05-02
    price $254,990 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

42. 2026-04-15
    price $269,990 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

43. 2026-04-04
    price $279,990 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

44. 2026-02-04
    price $284,990 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

45. 2026-01-22
    price $279,990 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

46. 2026-01-17
    price $284,990 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

47. 2026-01-10
    listed $279,990 Active 1430-char remark

    Show marketing remark (1430 chars)

    The Franklin is a two-story floorplan featured at the Hills of Sherman in Sherman, Texas. The Franklin offers space with its 1,892 square feet, making it an excellent choice for those who desire a bit more room to spread out. This two-story home features five bedrooms and two and a half bathrooms, with all of the bedrooms upstairs to include the utility room. The plan's family room is expansive, creating a perfect space for gatherings or for simply enjoying a more open living environment. The kitchen is a focal point, featuring name brand stainless-steel dishwasher and range, quality cabinetry with hidden hinges, and hard surface countertops-but with an adjacent dining area that adds flexibility for hosting meals or special occasions. The primary suite offers space in the walk-in closet and ensuite bathroom with hard surface vanity tops. This added space provides a private and comfortable retreat. The Franklin plan includes a two-car attached garage. This plan offers a bit more overall living space. In summary, the Franklin plan is a perfect plan offering more room for entertaining, a large primary suite, and open concept living area. Photos shown here may not depict the specified home and features. Elevations, exterior/ interior colors, options, available upgrades that require an additional charge, and standard features will vary in each community and subject change without notice. Please call for details.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,939
• − Mortgage interest: −$14,003
• − Property taxes: −$3,750
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,235
• − Management: −$2,235
• − Depreciation: −$7,272
• Taxable loss: −$2,807
• Est. tax savings @ 24.0%: +$674
• After-tax cash flow: $2,014/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 11 photos

Good 80/100 Cosmetic rehab Est. rehab $9,460–$28,380 screening

This two-story home in Sherman, Texas, is in good condition with modern finishes and a spacious floor plan. It is move-in ready with minor maintenance items to address.

Value-add opportunities

• Resale Paint exterior trim — Enhances curb appeal and can add value. ↑
• Rental Clean gutters — Keeps property in good condition and prevents water damage. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 33/100

Zoned Schools

Elementary Percy W Neblett El F TX #2,525/4,322 Nat'l #26,716/41,679 Middle Sherman Middle High Sherman H S F TX #930/1,632 Nat'l #9,405/17,239

Schools (NCES district)

• District: Sherman ISD
• NCES district ID: 4840080
• Math proficiency: 31% ▼ -9.00%
• Reading proficiency: 37% ▼ -2.00%
• Median HH income: $42,587
• Composite: 28.79/100
• National rank: #6665
• State rank: #546 of 826 in TX

C Composite livability gradescore 61/100

Livability — Sherman

• Score: 61/100
• State rank: #1027
• US rank: #18243

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment C- Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sherman, TX
• County: Grayson County · 134,540 people
• City population: 54,936
• Metro: Sherman-Denison, TX
• Population (ZIP): 28,342
• Household income: $68,036
• Rent vs Own: 41.9% rent · 58.1% own
• Severe rent burden: 10% of renters

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Population outlook (Grayson County) Hauer SSP2

• Today (2025): 134,540 people
• By 2030: 138,653 · +3.1%
• By 2040: 145,958 · +8.5%
• By 2050: 151,218 · +12.4%
• By 2075: 161,802 · +20.3%
• By 2100: 159,036 · +18.2%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 10% Two or more races 8% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Italian 3% Slovak 3% Lithuanian 2%
• Foreign-born: 6% · Canada, South Korea
• Languages at home: 92% English-only · Spanish 5% Other Indo-European 1%

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Political lean MEDSL · Grayson

• 2024 margin: Solid R (+54.3) · D 22.5% · R 76.7%
• 2008→2024 swing: -16.4pp toward R · 2008: -37.9pp · 2024: -54.3pp
• All cycles: 2024: R+54.3 2020: R+49.9 2016: R+53.1 2012: R+48.0 2008: R+37.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -201.47%
• Current HPI: 235.984
• Rent YoY: ▼ -2.36%
• Metro: Sherman-Denison, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-7.1% since first listed

8 events — show timeline

• 2026-05-13 Price Changed $259,990 Zillow
• 2026-05-02 Price Changed $254,990 Zillow
• 2026-04-15 Price Changed $269,990 Zillow
• 2026-04-04 Price Changed $279,990 Zillow
• 2026-02-04 Price Changed $284,990 Zillow
• 2026-01-22 Price Changed $279,990 Zillow
• 2026-01-17 Price Changed $284,990 Zillow
• 2026-01-10 Listed $279,990 Zillow