$262,000
↓ $8K (3%)
●
House -
For Sale
4325 Falcon Drive
Sherman, TX 75092
4 Beds
3 Baths,
1
Half Bath
2,438 Ft²
$2,000
Est. Monthly
$186
HOA / Fees
About This Property
INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor
Home Loans will contribute up to $4,000 towards a permanent
interest rate buy-down if you finance with Opendoor Home Loans
LLC.
4325 Falcon Dr is a two-story Sherman home with a functional, open layout and tile flooring in the main living spaces. The kitchen features white cabinetry, a center island, dark countertops, a stainless steel dishwasher, and a tiled floor, opening to the adjacent dining and living areas. Upstairs, the primary bedroom connects to a bathroom with a vanity and a walk-in shower, while additional well-proportioned bedrooms and full baths provide flexible space, along with a convenient half bath on the main level. A fully fenced backyard offers room for outdoor activities, and a two-car attached garage adds practical storage, completing this well-maintained residence with functional amenities throughout every room. This home has been virtually staged to illustrate its potential. Home comes with a 100-Day Home Warranty
4325 Falcon Dr is a two-story Sherman home with a functional, open layout and tile flooring in the main living spaces. The kitchen features white cabinetry, a center island, dark countertops, a stainless steel dishwasher, and a tiled floor, opening to the adjacent dining and living areas. Upstairs, the primary bedroom connects to a bathroom with a vanity and a walk-in shower, while additional well-proportioned bedrooms and full baths provide flexible space, along with a convenient half bath on the main level. A fully fenced backyard offers room for outdoor activities, and a two-car attached garage adds practical storage, completing this well-maintained residence with functional amenities throughout every room. This home has been virtually staged to illustrate its potential. Home comes with a 100-Day Home Warranty
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$107
Property Type
House
Property Taxes
$527
HOA Dues
$186
Year Built
2002
Listed By
Amber N Broadway
Opendoor Brokerage, LLC
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (NTREIS #21363775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$262,000
↓ $8K
(3%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by Opendoor Brokerage, LLC | $270,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Jun 5, 2026 | No longer available | - | |
| No longer available | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$300,000
↓ $18K
(5.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, None
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Other
Appliances: Other
Flooring Type: Laminate
Fireplace Features: None
Exterior Details
Square Footage: 2438
Year Built: 2002
Levels: Two
Construction Materials: Brick
Patio and Porch Features: Front Porch
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Tax Lot: 21
Financial Details
Tax Annual Amount: $6,326
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $186
HOA Fee Frequency: Semi-Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Sherman
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Listed by: Amber Broadway, Opendoor Brokerage, LLC
Last Updated: 5 days ago
Data Source: NTREIS MLS, MLS# 21363775
Details provided by NTREIS and may not match the public record
Last Updated: 5 days ago
Data Source: NTREIS MLS, MLS# 21363775
Details provided by NTREIS and may not match the public record
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