1516 E Peyton

Sherman, TX
$ 215,000 Beds 3 Baths 1 Sq 1,398 Virtual Tour
Monthly Estimate* How much can I afford?

Completely renovated from top to bottom, this 3-bedroom home at 1516 E Peyton Street in Sherman, Texas has a brand-new foundation, new roof, updated plumbing, and modern finishes throughout, so the big-ticket work is already done. It sits on a sprawling 0.327-acre corner lot in Grayson County, with a backyard big enough to dream big: think weekend cookouts, garden beds, a play set, or even a future pool. Buyers will also love the built-in equity — this home is priced an incredible $37,000 below its Grayson County appraised value. The location seals the deal, with Walmart Supercenter and Sam’s Club just a quick 7–10 minute drive away on US-75, putting everyday errands and shopping right at your fingertips. A fully updated home, a huge corner lot, and instant equity all in one package — opportunities like this don’t last long in Sherman, TX. Schedule your private tour today!

Active

  • Price
  • $ 215,000
  • City
  • Sherman
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.327 Acres
  • Zip
  • 75090
  • Sqr Footage
  • 1,398
  • Year Built
  • 1955
  • Style
  • Single Family Residence
  • MLS#
  • 21313049
Listed By: Monument Realty
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Utilities All Weather Road,Asphalt,Cable Available,City Sewer,City Water,Individual Gas Meter,Natural Gas Available
Possession Closing/Funding
Appliances Dishwasher,Disposal,Gas Range,Microwave,Tankless Water Heater
Number of Garage Spaces 2
School District Sherman ISD
Year Built 1955
Levels One
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Highland Park 1st Add
Transaction Type For Sale
County Grayson
Property Type Residential
HOA Type None
Full Baths 1
Status Active
Directions GPS Friendly.
City Sherman
Elementary School Name Crutchfield
High School Sherman
Elementary School Crutchfield
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21313049
Standard Status Active
Listing Terms Cash,Contact Agent,Conventional,FHA,VA Loan

Interior Features

Interior Features Cable TV Available,Flat Screen Wiring,High Speed Internet Available
Fireplace Features Gas Logs
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 6
Lock Box Type Combo
Total Bedrooms 3
Total Baths 1

Exterior Features

Parking Features Asphalt,Garage,Garage Door Opener,Garage Double Door,Garage Faces Front,Oversized
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Lot Size Area 0.3270
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 14244.1200
Lot Size Acres 0.3270
Attached Garage Y/N Yes

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

Price History

6/29/2026 Listed $215,000

Property vs Zip Code Average in 75090

Price
AVG $330K
$220K
Year Built
AVG 1988
1955
Visits
AVG 199
199
Data Provided by Inside Real Estate®

Areas That We Cover

1516 E Peyton Sherman, TX is a Single Family Home for sale at $215000 with 1398 sqft and a lot size of 0.327 Acres Acre(s). 1516 E Peyton Sherman has 3 bedrooms, 1 baths and was built in 1955. 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.