Maria Sosa

1612 White Mound Road

Sherman, TX
$ 799,000 Beds 3 Baths 2 Sq 2,098 Virtual Tour
Monthly Estimate* How much can I afford?

MULTI-INCOME INVESTMENT OPPORTUNITY Rare opportunity to acquire a diversified income-producing property on 9.414 acres just minutes from Sherman. This unique asset combines established rental income with significant flexibility and value-add potential, making it an attractive opportunity for investors, owner-operators, or buyers looking to expand their real estate portfolio. The property features 11 established RV spaces, most of which are currently leased, along with a leased 2-bedroom, 1-bath apartment, providing immediate income from multiple sources. A 2,098-square-foot, 3-bedroom, 2-bath main residence offers another potential revenue stream if leased or the opportunity for an owner-operator to live on site. A separate office space with an attached shop or storage building adds another layer of versatility and may accommodate business operations, workspace, storage, or additional leasing opportunities. One of the property's greatest opportunities lies in the open back portion of the 9.414 acres. Currently utilized for hay production and benefiting from an agricultural exemption, this area provides substantial open space and flexibility for a future owner to envision how the property could evolve. Whether held as open acreage, continued in agricultural use, or evaluated for future improvements or expansion, the additional land creates valuable long-term upside and optionality, subject to applicable approvals and restrictions. With RV income, residential rental income, office or shop space, a main residence, and additional open acreage, this property offers a combination of existing cash flow and future potential that is difficult to replicate. Conveniently located near Sherman and positioned within the continued growth of North Texas, this is an opportunity to acquire an established income-producing asset with multiple revenue streams, usable acreage, expansion potential, and room to make the property your own.

Active

  • Price
  • $ 799,000
  • City
  • Sherman
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 9.414 Acres
  • Zip
  • 75090
  • Sqr Footage
  • 2,098
  • Year Built
  • 1997
  • Taxes
  • $ 6510
  • Style
  • Ranch,Traditional
  • MLS#
  • 21319179
Listed By: PARAGON, REALTORS
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Electric,Fireplace(s)
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Aerobic Septic,Electricity Connected,Outside City Limits,Septic
Possession 30-60 Days
Roof Composition
Appliances Dishwasher,Electric Range,Electric Water Heater,Microwave
current use Agricultural
Number of Garage Spaces 2
School District Tom Bean ISD
Year Built 1997
Architectural Style Ranch,Traditional
Levels One
AG Exemption Yes
Unexempt Taxes 6510
Will Subdivide Yes
Property Subtype Single Family Residence
Subdivision Name SHOCKEY HENRY
Transaction Type For Sale
Occupant Type Owner
County Grayson
Property Type Residential
Security Features Security System
Construction Materials Brick
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions From Hwy 75,take FM 902 east. Turn right onto White Mound Rd. Continue approximately 1.6 miles. Property is located on the right at 1612 White Mound Rd.
City Sherman
Elementary School Name Tom Bean
High School Tom Bean
Elementary School Tom Bean
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21319179
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Built-in Features,Cable TV Available,Pantry,Walk-In Closet(s)
Flooring Carpet,Laminate
Fireplace Features Freestanding,Living Room,Wood Burning Stove
Fireplaces Total 1
Dining Areas 1
Living Areas 2
Room Count 10
Lock Box Type Supra
Total Bedrooms 3
Total Baths 2
Laundry Features Electric Dryer Hookup,In Garage,Dryer Hookup,Washer Hookup

Exterior Features

Exterior Features RV Hookup,RV/Boat Parking,Storage
Lot Features Acreage,Agricultural
Garage Length 19
Garage Width 19
Other Structures RV/Boat Storage,Second Residence,Storage
Parking Features Garage,Garage Door Opener,Garage Faces Side,Garage Single Door,Gravel
Lot Size 5 to < 10 Acres
Covered Spaces 2
Foundation Slab
Lot Size Area 9.4140
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 410073.8400
Lot Size Acres 9.4140
Patio And Porch Features Front Porch
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
Agent Photo

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 Tom Bean Elementary School
Middle School Unknown Middle School
High School

Price History

7/3/2026 Listed $799,000

Property vs Zip Code Average in 75090

Price
AVG $340K
$800K
Taxes
AVG $5,486
$6,510
Year Built
AVG 1988
1997
Visits
AVG 199
74
Data Provided by Inside Real Estate®

Areas That We Cover

1612 White Mound Road Sherman, TX is a Single Family Home for sale at $799000 with 2098 sqft and a lot size of 9.414 Acres Acre(s). 1612 White Mound Road Sherman has 3 bedrooms, 2 baths and was built in 1997. 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.

Maria Sosa

Maria Sosa

Realtor®

254-981-6389

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy