111 Mitchell Rd, Sherman, TX 75090

$506,000
3
BD
2
BA
1,886
SqFt

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List Price
$506,000
Price Change
▼ $44,000 1785211435
MLS#
21268617
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Barndominium, Detached
Year Built
2016
Construction Status
New Construction - Complete
Bedrooms
3
Full Baths
2
Acres
1.77
Living Area
1,886
County
Grayson
City
Sherman
Subdivision
Aaron Burleson Surv Abs #61
Number of Stories
1
Architecture Style
Barndominium, Detached

Property Description

Under appraised value, price adjustment. Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. This inviting property perfectly balances modern design with suburban charm. The 3-bedroom Barndominium (1214 sq ft.) is just completed with modern farmhouse touches. An additional 1-bedroom Texas cottage (672 sq ft built in 2016) boasts a full kitchen and bath with dual vanities and tub and a front porch tucked beneath a mature tree canopy. Make it a private mother-in-law suite, home office, or a steady rental stream to capitalize on the area's soaring housing demand. Equipped with three loafing stalls, a storage shed and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to city amenities and the new Texas Instruments & GlobalWafers sites. Families will appreciate the rapidly modernizing Sherman ISD, featuring a recent high school, three new elementary schools, and a state-of-the-art athletic stadium. Enjoy easy access to Dallas, expanding retail, and top-tier industrial job opportunities. This property offers a unique cash-flow opportunity that standard valuations overlook. Comps do not reflect the rental income generated by the second home. A savvy investment in the direct path of progress!

Additional Information

Unexempt Taxes
$3,304
Lot Size
77,101
Acres
1.77
Interior Features
Kitchen Island, Open Floor Plan
Stories
1
Pool Features
None
Parking Garage
Other
School District
Sherman Isd
Elementary School
Percy W Neblett
Middle School
Sherman
High School
Sherman
Possession
Negotiable

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Listing courtesy of Deborah Newsome from Keller Williams Realty DPR. Contact: