111 Mitchell Road

Sherman, TX
$ 506,000 Beds 3 Baths 2 Sq 1,214 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 506,000
  • City
  • Sherman
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 1.77 Acres
  • Zip
  • 75090
  • Sqr Footage
  • 1,214
  • Year Built
  • 2026
  • Taxes
  • $ 3304
  • Style
  • Barndominium
  • MLS#
  • 21268617
Listed By: Keller Williams Realty DPR
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Utilities Co-op Water,Individual Water Meter,Septic
Possession Negotiable
Appliances Dishwasher,Electric Cooktop,Microwave
School District Sherman ISD
Exclusions Deer mounts,art and furnishings in the one bedroom home. The antique dresser in the three bedroom home.
Year Built 2026
Architectural Style Barndominium
Levels One
Unexempt Taxes 3304
Will Subdivide Subdivided
Property Subtype Farm/Ranch
Subdivision Name Aaron Burleson Surv Abs #61
Transaction Type For Sale/Lease
County Grayson
Property Type Residential
Year Built Details New Construction - Complete
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit Y/N Yes
HOA Type None
Full Baths 2
Status Active
Directions Please see GPS.
City Sherman
Elementary School Name Percy W Neblett
High School Sherman
Elementary School Percy W Neblett
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21268617
Standard Status Active

Interior Features

Interior Features Kitchen Island,Open Floorplan
Dining Areas 1
Living Areas 1
Room Count 2
Lock Box Type Blue iBox
Total Bedrooms 3
Total Baths 2

Exterior Features

Parking Features Outside
WaterFront Features Creek
Lot Size 1 to < 3 Acres
Lot Size Area 1.7700
Lot Size Units Acres
Structural Style Farm/Ranch House,Single Detached
Lot Size Square Feet 77101.2000
Lot Size Acres 1.7700

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
Adjust Payment Options
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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 Percy W Neblett Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/22/2026 Listed $589,900
6/7/2026 7% - $550,000
7/28/2026 8% - $506,000

Property vs Zip Code Average in 75090

Price
AVG $340K
$510K
Taxes
AVG $5,495
$3,304
Year Built
AVG 1988
2026
Visits
AVG 202
14
Data Provided by Inside Real Estate®

Areas That We Cover

111 Mitchell Road Sherman, TX is a Single Family Home for sale at $506000 with 1214 sqft and a lot size of 1.77 Acres Acre(s). 111 Mitchell Road Sherman has 3 bedrooms, 2 baths and was built in 2026. 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.