603 E Thomas Street

Sherman, TX
$ 280,000 Beds 2 Baths 1 Sq 994 Virtual Tour
Monthly Estimate* How much can I afford?

Investor Special or Mechanic’s Dream! This 2-bedroom, 1-bath home sits on just over half an acre and offers excellent potential. Featuring newer upgrades including two-year-old siding and a recently replaced roof, has a new Mini split installed 2 months ago. All the appliances will go except the gas range. The home also includes a small, detached garage with a carport for additional covered parking. The standout feature is the 35’ x 25’ workshop equipped with two 8-foot roll-up doors, ideal for a mechanic, auto body shop, hobbyist, or storage needs. The property spans across three lots, offering development potential—perfect for an investor looking to build additional units or expand. Currently leased at $700-month, with flexibility depending on the terms of the sale—either continue with the existing tenant or have the home delivered vacant. Don’t miss this opportunity to own a property with income potential and room to grow!

Active

  • Price
  • $ 280,000
  • City
  • Sherman
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.562 Acres
  • Zip
  • 75090
  • Sqr Footage
  • 994
  • Year Built
  • 1901
  • Taxes
  • $ 3799
  • Style
  • Traditional
  • MLS#
  • 20982326
Listed By: C-21 DEAN GILBERT, REALTORS
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Other
Cooling Ceiling Fan(s),Wall Unit(s),Wall/Window Unit(s)
Utilities City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available
Possession Closing/Funding
Roof Composition,Shingle
Appliances Electric Range,Electric Water Heater
Number of Garage Spaces 1
School District Sherman ISD
Year Built 1901
Architectural Style Traditional
Levels One
Unexempt Taxes 3799
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Elliotts W Add
Transaction Type For Sale
Occupant Type Tenant
Carport Spaces 2
County Grayson
Property Type Residential
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Siding,Wood
HOA Type None
Full Baths 1
Status Active
Directions Heading East Lamar St,turn right on 1st St,then turn right on E Thomas St. House will be on your left.
City Sherman
Elementary School Name Crutchfield
High School Sherman
Elementary School Crutchfield
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20982326
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Cable TV Available,Walk-In Closet(s)
Flooring Luxury Vinyl Plank
Dining Areas 1
Living Areas 1
Room Count 5
Lock Box Type Other
Total Bedrooms 2
Total Baths 1
Laundry Features Electric Dryer Hookup,In Hall,In Kitchen,Washer Hookup

Exterior Features

Fencing Chain Link
Parking Features Driveway,Gravel
Lot Size .5 to < 1 Acre
Covered Spaces 2
Foundation Pillar/Post/Pier
Lot Size Area 0.5620
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 24480.7200
Lot Size Acres 0.5620

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Crutchfield Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/27/2025 Listed $280,000

Property vs Zip Code Average in 75090

Price
AVG $340K
$280K
Taxes
AVG $5,450
$3,799
Year Built
AVG 1986
1901
Visits
AVG 202
755
Data Provided by Inside Real Estate®

Areas That We Cover

603 E Thomas Street Sherman, TX is a Single Family Home for sale at $280000 with 994 sqft and a lot size of 0.562 Acres Acre(s). 603 E Thomas Street Sherman has 2 bedrooms, 1 baths and was built in 1901. The property's zip code is 75090 which is in Sherman, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.