Situated on 2.2 acres in the desirable area of Sherman, TX, 393 Knollwood Rd. offers a unique and versatile opportunity for development. With 490 feet of direct road frontage and access to 8 inch water and sewer lines at the road, this property is primed for multi-family residential, custom home, or commercial projects. The expansive lot provides flexibility, making it ideal for multiple dwellings or business ventures. A fixer-upper 2018 single-wide mobile home, currently in unlivable condition, sits on one corner of the property, offering potential for renovation or removal. Conveniently located near local amenities, schools, and major roadways, this lot is perfect for investors or builders looking to capitalize on Sherman's growth. Whether you're seeking to develop a residential community or explore commercial possibilities, 393 Knollwood Rd. offers endless potential in a growing area. Don't miss this opportunity to create something special on this prime piece of land.
Last updated on: 12/17/2024, 8:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$111
$91,152
2020
$1,134
$49,323
2019
$1,036
$44,839
2018
$1,037
$40,763
2017
$978
$41,877
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,727
Per Month
Principal & Interest
$1,660
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,063
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Neblett Elementary School
1505 Gallagher Dr
Distance between this listing and this school1.41 miles
Public District Grades KG-5
3
/10
Fairview Elementary School
501 W Taylor St
Distance between this listing and this school2.24 miles
Public District Grades KG-5
2
/10
Wakefield Elementary School
400 Sunset Blvd
Distance between this listing and this school3.52 miles
Public District Grades KG-5
Nearby Schools
4
/10
Piner Middle School
402 W Pecan St
Distance between this listing and this school3.46 miles
Public District Grades 6-8
4
/10
Scott Middle School
1901 S Mirick Ave
Distance between this listing and this school5.49 miles
Public District Grades 7-8
5
/10
Pottsboro Middle School
105 Cardinal Ln
Distance between this listing and this school5.69 miles
Public District Grades 5-8
Nearby Schools
5
/10
Perrin Learning Center
81 Vandenburg Dr
Distance between this listing and this school2.57 miles
Public District Grades 9-12
4
/10
Sherman High School
2201 E Lamar St
Distance between this listing and this school3.63 miles
Public District Grades 9-12
5
/10
Pottsboro High School
901 E FM 120
Distance between this listing and this school5.72 miles
The neighbors living near this home have an average income of $45,824. The most common annual income of people living in Grayson County, TX is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 393 Knollwood Rd
What is the listing price of this property?
The listing price of 393 Knollwood Rd property is $332,500.
What type of property is this?
The property 393 Knollwood Rd is land located in Knollwood, Texas, 75092.
Is this property for sale now?
Active Listing: 393 Knollwood Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $111 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 393 Knollwood Rd in Knollwood, TX and zip code 75092. This home, which was built in 1950, sits on a 2.20 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $332,500.
The number of listings in Grayson County, TX increased by 2.6% between October 2024 and November 2024. In November 2024, listings were on the market for 100 days. During the same period, the median list price in this real estate market was $330,022.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Pro Wrestling
Pro Wrestling
College Football
Figure Skating
Family Dollar
Express/Express For Men
Stein Mart
Dominos Pizza
Sonic
Bob Evans
Ford
Kia
Buick
New Country
Adult Standards
Oldies