111 Mitchell Rd, Sherman, TX 75090

$506,000
4
BD
3
BA
1,886
SqFt

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List Price
$506,000
MLS#
21348400
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2026
Construction Status
New Construction - Complete
Bedrooms
4
Full Baths
3
Acres
1.77
Living Area
1,886
County
Grayson
City
Sherman
Subdivision
Aaron Burleson Surv Abs #61

Property Description

Texas Ranchette! ASK ABOUT 100% FINANCING! 2 complete homes on a 1.77 acre corner creek lot. The main home is a new construction barndo 3 bedroom, 1214 sq ft. PLUS a guest cottage one-bedroom, full kitchen, bedroom and bath with dual vanities and a tub. 672 sq ft and a front porch nestled under a canopy of trees. Rental income or in-laws. Outside city limits! Horses allowed. This property offers a unique cash-flow opportunity that standard valuations overlook. Plus a front porch tucked beneath a mature tree canopy. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property on one parcel. Two cottages located in the heart of the Sherman tech corridor. Equipped with three loafing stalls, a storage shed and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to the city 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. Comps do not reflect the sq ft or rental income generated by the second home. A savvy investment in the direct path of progress! Property is ALSO LISTED AS rESIDENTIAL INCOME MLS#21348400. THIS IS A DUPLICATE MARKETING ENTRY.THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.

Additional Information

Unexempt Taxes
$3,304
Lot Size
77,101
Acres
1.77
Lot Description
Cleared, Corner Lot
Interior Features
Kitchen Island, Open Floor Plan
Flooring
Concrete
Foundation
Other
Roof
Metal
Stories
1
Pool Features
None
Exterior
Deck, Storage
Parking Garage
Other
School District
Sherman Isd
Elementary School
Percy W Neblett
Middle School
Sherman
High School
Sherman
Possession
Negotiable

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Calculator source: Real Geeks

Listing courtesy of Deborah Newsome from Keller Williams Realty DPR. Contact: 214-457-0983

Listing 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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