Cash Buyer Dashboard
Explore investment opportunities and make informed decisions

6370 FM 697, Sherman, TX 75090
Property Features
- ✓Above-ground pool
- ✓Chicken coop
- ✓Two large shipping containers
- ✓Detached office
- ✓Full-size washer and dryer
- ✓Refrigerator
- ✓4-car garage
- ✓Two full paved driveways
Key Investment Highlights
THE ULTIMATE ASSET - 1.46 PRIVATE ACRES
A massive, private lot offering unrivaled space for future expansion, a workshop, or even a new build. Land like this is a solid long-term investment.
VALUE-ADD OPPORTUNITY
The home is a 4 bed, 3 bath property where the 4th bedroom and 3rd bathroom are already framed, plumbed, and wired—requiring only cosmetic finishing.
MAJOR SYSTEMS IN EXCELLENT CONDITION
Peace of mind with a heating unit that is only 4 years old and a brand new tankless water heater.
VALUABLE INCLUSIONS
The sale includes an above-ground pool, chicken coop, two large shipping containers, a detached office, a full-size washer, a dryer, and a refrigerator.
SPACIOUS PARKING
A 4-car garage and two full paved driveways provide ample parking for vehicles, trailers, or an RV.
This property offers significant potential for both short-term flip profit and long-term equity growth.
Teardown Calculator
Chris's Formula:
New Build ARV × 20% = Cash Buyer Price
Cash Buyer Price - Wholesaler Fee - Teardown Costs = Seller Offer
Range: $8k - $12k
Chris's Example:
"If new builds are going for $500k, I could sell to a buyer at $100k. I'd offer the seller $75k so I can make $25k. Subtract $8-12k for the teardown cost."
Comparable Properties
7732 Fm 697, Tom Bean, TX | 01/06/2025 | $372,000 | 3/2 | 3,688 | $101 | Good |
1931 Webb Smith RD, Sherman, TX | 06/28/2024 | $356,500 | 3/2 | 1,716 | $208 | Excellent |
1252 Old Ida RD, Sherman, TX | 02/28/2025 | $350,000 | 4/3 | 2,112 | $166 | Good |
7732 Fm 697, Tom Bean, TX
01/06/2025$372,000
3bd/2ba
3,688
$101
1931 Webb Smith RD, Sherman, TX
06/28/2024$356,500
3bd/2ba
1,716
$208
1252 Old Ida RD, Sherman, TX
02/28/2025$350,000
4bd/3ba
2,112
$166
Data based on recent sales in the area. Comparables are selected based on proximity, size, and features.
Financial Summary
Asking Price
$310,000
After Repair Value
$550,000
Contact Information
Due Diligence Notes
- •Financing: This property is available for purchase with Cash or Hard Money only.
- •Closing: Buyer is responsible for ALL closing costs.
- •Deposit: A $5,000 non-refundable earnest money deposit is required.
- •As-Is Sale: Property is sold as-is. Buyers are expected to conduct their own due diligence.
- •Access: Do not walk the property without prior approval.