Sherman Homes under $500,000

Welcome to Sherman, Texas – a charming city that perfectly blends small-town warmth with modern conveniences. Nestled in Grayson County, Sherman is conveniently located just a short drive from the bustling metropolis of Dallas, making it an ideal spot for those who appreciate a slower pace of life without sacrificing access to urban amenities.

Sherman boasts a vibrant community spirit, characterized by its friendly residents and a rich history that dates back to the mid-1800s. With beautiful parks, historic downtown shops, and a variety of local dining options, Sherman offers a delightful lifestyle filled with opportunities for recreation and relaxation. The city is also home to several educational institutions, including Austin College, which adds to the youthful energy of the area.

For homebuyers seeking affordable options, Sherman has an impressive selection of homes under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, there’s something for everyone in this welcoming community. From charming bungalows to spacious family homes, you’ll find properties that reflect both character and comfort. Many of these homes feature modern amenities and are situated in family-friendly neighborhoods, making Sherman an attractive choice for those looking to settle down.

With its inviting atmosphere, affordable housing, and proximity to larger cities, Sherman, Texas is a hidden gem just waiting to be discovered. Come explore the possibilities and find your dream home in this delightful city!

Newest Sherman Homes under $500,000

$283,889

4 Beds ⋅ 2 Baths ⋅ 21400210 MLS

Brand-new and move-in ready, this energy-efficient Carlsbad floor plan offers four bedrooms and a flexible layout that can easily fit your family’s needs. The home features white cabinetry, veined white quartz countertops, muted beige EVP flooring, and soft taupe carpet for a light, neutral look throughout. Located in the Westmoor community in Sherman, you’ll enjoy the charm of small-town living while still being just about 40 miles north of the Dallas metroplex. The neighborhood offers playgrounds, walking and biking trails, and a scenic greenbelt, giving you plenty of ways to enjoy the outdoors close to home. Built with energy efficiency in mind, this home includes innovative features designed to help lower utility costs while providing added comfort and peace of mind. It’s a beautiful new home in a growing community with convenience, amenities, and everyday livability all in one.

2113 Rannoch St, Sherman

$159,999

3 Beds ⋅ 2 Baths ⋅ 21402113 MLS

Completely remodeled 3-bedroom, 2-bath home in Sherman, TX! This beautifully updated property offers a fresh, modern feel throughout with extensive renovations and stylish finishes. The open and inviting layout provides comfortable living spaces, while the updated kitchen and bathrooms add a contemporary touch. With three bedrooms and two full baths, this home offers plenty of space for everyday living. Move-in ready and conveniently located near local schools, shopping, dining, and major roadways. Don’t miss the opportunity to own this fully remodeled Sherman home!

920 E Chaffin St, Sherman

$282,300

3 Beds ⋅ 2 Baths ⋅ 21402171 MLS

Single-story brick and stone home in Brookstone Estates, featuring an open front lawn that creates a spacious, welcoming arrival. Inside, a light-filled open floor plan offers vaulted ceilings and premium wood flooring. Modern kitchen boasts white cabinetry, a large central island, granite countertops, subway tile, and stainless steel appliances. Primary suite includes an attached bath and his-and-her walk-in closets. Expansive backyard wrapped in a stained wood privacy fence offers endless options for outdoor living. Conveniently located near Sherman High School, dining, and just 5 to 7 minutes from major employers like TI, Global Wafers, and Emerson-Fisher with quick access to Hwy 75, Hwy 82, and Hwy 56.

1305 Silverton Dr, Sherman

$245,000

3 Beds ⋅ 2 Baths ⋅ 21395397 MLS

Move-in ready gem in the quiet Casa Linda neighborhood. This well-maintained property features an updated kitchen with granite countertops, stacked-stone backsplash, a copper sink, and stainless-steel appliances including a gas range and a breakfast area. The spacious floor plan offers an oversized family room, a flex room ideal for an office, second living area, or dining room, and three generously sized bedrooms. Enjoy the outdoors from the shaded front porch or the serene backyard with mature trees, an open deck, and a cedar privacy fence. Conveniently located near Crutchfield Elementary and Hawn Park, which offers 20 acres of amenities including a skate park, spray ground, picnic pavilion, and large playground. No HOA.

1109 S Valentine Dr, Sherman

$475,000

3 Beds ⋅ 3 Baths ⋅ 21400477 MLS

Welcome to your own private retreat in highly desirable Northwest Sherman. Located on a quiet cul-de-sac with beautiful lake views, this spacious 3-bedroom, 3-bathroom home offers 3,434 square feet living space in a truly serene setting. Enjoy beautiful mornings and stunning sunsets overlooking the lake, while still having the convenience of being inside city limits with easy access to major highways, shopping, dining, and everyday amenities. The thoughtfully designed floor plan provides generous living spaces, creating an inviting atmosphere for both relaxing and entertaining. Built-in fireplace unit with gas logs and blower will keep you warm in the winters. Upgrades include dual AC units, one of which was replaced in 2024, sprinkler system, and foundation work with transferrable warranty. A standout feature is the detached garage, offering room for up to three cars along with a dedicated workshop area—perfect for hobbies, projects, storage, or additional workspace. Spacious primary suite features sitting area, ensuite bath with separate shower and tub, large walk-in closet. With its combination of expansive living space, gorgeous lake views, quiet surroundings, and convenient location, this exceptional property offers a rare opportunity to enjoy relaxed lakefront living without sacrificing accessibility. See links for virtual tour. Call today for more information.

1609 Lakewood Dr, Sherman

$169,900

5 Beds ⋅ 2 Baths ⋅ 21401147 MLS

3.45 ACRES!!!! Super dope, all-custom, all-cedar house hidden in the forest on acreage between Sherman, Bells, and Tom Bean. This unique property has been in the same family for 40+ years, and is ready for a new steward. Sitting on 3.45 acres of private woodland, this place is a little different—in the best possible way. Think forest, creeks, incredible mature trees, wildlife, and serious privacy, all outside city limits. It feels like you've disappeared into the woods, yet you're still only about 15 minutes from town. The 2,436-square-foot, two-story cedar home has 4 or 5 bedrooms, 1 and a half bathrooms, is full of character and was recently lived in. It's well built, completely unique, and ready for its next owner to roll up their sleeves and make it their own. This ain’t no cookie-cutter house—and that's what makes it cool. The wild animals are savage. The trees are amazing. The creeks do their thing. And the house is quietly waiting for someone with a vision. Come explore the forest. Wander the property. Check out the house. Imagine what you could do with 3.45 acres of privacy and a one-of-a-kind cedar home that's been part of the same family for more than four decades. Explore the land and the opportunity! If private, unconventional, well-built, and full of potential sounds like your kind of place, come take a look. Call or TEXT 903-271-0007

129 Old Ida Rd, Sherman

$239,999

4 Beds ⋅ 2 Baths ⋅ 21400926 MLS

Set your sights on a home where generous proportions, distinctive character, and renovation potential come together in one compelling package. This single-story Spanish Eclectic residence offers four bedrooms, two bathrooms, and approximately 2,550 square feet ready for a fresh vision. The spacious layout gives buyers an excellent starting point to personalize rather than settle for someone else’s choices. Reimagine the kitchen, refresh the living areas, or create a polished primary retreat; there is room for meaningful updates while preserving the home’s architectural personality. With all living spaces arranged on one level, everyday movement stays refreshingly simple. Outside, the substantial lot expands the possibilities. Picture a shaded patio, colorful gardens, weekend cookouts, or a play area with breathing room left over. A pool and spa combination brings another exciting dimension to the backyard, though it needs work and awaits a buyer ready to restore it. The two-car garage adds practical parking and storage, keeping tools, bicycles, and holiday bins from staging a takeover. For buyers seeking square footage, land, and the chance to build equity through thoughtful improvements, this property presents an appealing entry point. Bring your contractor, design board, and perhaps a tape measure—then arrange a visit and discover how boldly this Sherman canvas can transform.

5501 Camino Dos Lagos Dr, Sherman

$265,000

4 Beds ⋅ 2 Baths ⋅ 21400815 MLS

Welcome to 4506 Falcon Drive, a well-maintained 4-bedroom, 2-bath home in Country Ridge Estates. With 1,855 square feet of living space, this home offers a functional layout with plenty of flexibility for everyday living. Updated flooring throughout the living room and bedrooms, along with fresh interior paint, gives the home a clean, move-in-ready feel. The spacious living area features a fireplace with gas logs and flows into the kitchen and dining space, creating a comfortable setup for both relaxing and entertaining. The fourth bedroom provides added versatility and could easily serve as a home office, playroom, or flex space for those who work from home. The primary suite offers a private bath, while three additional bedrooms provide plenty of room for family, guests, or hobbies. Outside, enjoy a fenced backyard with space to relax, play, or entertain. An attached 2-car garage provides additional parking and storage. Conveniently located in Sherman ISD with easy access to shopping, dining, schools, and everything Sherman has to offer. This home has been well cared for and is ready for its next owner!

4506 Falcon Dr, Sherman

$245,000

3 Beds ⋅ 2 Baths ⋅ 21399341 MLS

Take advantage of a rare opportunity to assume a 4.5% loan on this beautifully maintained 3 bedroom, 2 bath home with a fantastic, functional layout. The open concept floor plan offers an easy flow between the living, dining, and kitchen areas, while the split bedroom design provides added privacy. The kitchen features stainless steel appliances, quartz countertops, and plenty of workspace, and all appliances will remain with the home, including the refrigerator, washer, and dryer. A soft, neutral color palette throughout makes the home feel light and inviting while allowing any style of furnishings and decor to blend in effortlessly. Outside, enjoy a private fenced backyard with no neighbors currently behind the property, offering an added sense of openness and privacy. The brick and stone exterior, 2 car garage, and well kept condition add to the home's curb appeal and low-maintenance feel. Conveniently located near parks, schools, shopping, dining, and everyday amenities, this home combines comfort, style, and an assumable 4.5% loan that could make it especially appealing in today’s market.

2328 Burleson Rd, Sherman

$220,000

2 Beds ⋅ 2 Baths ⋅ 21398746 MLS

INCREDIBLE BUYER INCENTIVES: $3,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $3,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 712 S Crockett St is a one-story Sherman home with 2 bedrooms, 2 bathrooms, and 1,358 square feet of living area. Built in 1900, the home pairs a kitchen with generous cabinetry and an island with several distinct living and dining spaces. Decorative wood trim, tall windows, and multiple fireplaces define the interior character. One bathroom includes a separate tub and shower, while the second has a walk-in shower. The covered front porch and fenced yard extend the living space outdoors. The single-level layout places both bedrooms near the main gathering rooms and bathrooms. Home comes with a 100-Day Home Warranty

712 S Crockett St, Sherman

$175,000

3 Beds ⋅ 1 Baths ⋅ 21400204 MLS

Welcome home to this super cute, beautifully renovated home in Sherman, Texas! Featuring 3 bedrooms, 1 full bathroom, and over 1,000 square feet, this home offers a great layout with fresh, modern updates throughout. Step inside to find beautiful LVP flooring, fresh interior paint, updated hardware, stylish light fixtures and ceiling fans, and updated appliances. The renovated kitchen is a standout, featuring new cabinets, new countertops, a charming backsplash, and a fresh, clean design that makes the space feel bright and inviting. The bathroom has also been beautifully renovated and features a gorgeous tiled shower up to the ceiling and updated finishes. Even better, the home features a NEW ROOF, adding another major improvement to the extensive list of updates! Outside, you’ll find a larger backyard with plenty of room to relax, entertain, play, or create your own outdoor space. Located in Sherman, this home puts you in one of North Texas’ growing communities, with convenient access to shopping, dining, entertainment, major employers, and nearby Lake Texoma. Sherman offers the charm of a smaller community while providing easy access to the greater North Texas area via US-75. With thoughtful updates throughout, a new roof, a move-in-ready feel, and a great Sherman location, this one is priced to sell. Come see it and make it yours!

909 S Throckmorton St, Sherman

$395,000

4 Beds ⋅ 4 Baths ⋅ 21399483 MLS

Welcome to a well maintained 4-bedroom, 3.5 bathroom home that combines classic 1970s character with thoughtful updates and plenty of space to enjoy. Built in 1977, this spacious property reflects a true pride of ownership and has been lovingly cared for over the years. Situated on approximately 0.4 acres, the property offers a generous lot with room to relax, entertain, garden, or simply enjoy the outdoors. Inside, you'll find a versatile floor plan featuring four bedrooms, three and a half bathrooms, a dedicated game room, and a formal dining room, providing plenty of space for both everyday living and entertaining. The home also features a newer roof and newer AC system, offering important updates and added peace of mind for the next owner. A convenient two-car carport provides covered parking and additional storage potential. With its spacious layout, substantial lot, desirable updates, and evident pride of ownership, this home offers an excellent opportunity for buyers looking for character, space, and functionality in an established Sherman neighborhood.

714 W Lamberth Rd, Sherman

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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