111 Mitchell Road, Sherman, Texas

$506,000
Active
111 Mitchell Road, Sherman, Texas
111 Mitchell Road, Sherman, Texas
111 Mitchell Road, Sherman, Texas
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Property Details

MLS ID: 21268617
Status: Active
Price: $506,000
Acres: 1.77±
Type: Farm, Land, Residential
Address: 111 Mitchell Road
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75090
Parcel Number: 388305
Bedrooms: 3
Bathrooms: 2
SqFt: 1,214
Year Built: 2026

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. ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY.

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Listed By: Deborah Newsome of Keller Williams Realty Dpr