$506,000

111 Mitchell Road, Sherman, TX 75090

  • 4 beds |
  • 3 baths |
  • 1,886 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2026
  • Property Lot Size Icon1.77acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $268/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Ranchette! 2 complete homes on 1.77 acres. Brand new barndo plus ADU. Rental income or in-laws. Outside city limits! Horses allowed. Two rental opportunities or multi-generational living on a corner lot. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern farmhouse touches. An additional 1-bedroom ADU (672 sq ft built in 2016) boasts a full kitchen and bath with dual vanities and tub and a front porch tucked beneath a mature tree canopy. Make it a private mother-in-law suite, home office, or a steady rental stream to capitalize on the area's soaring housing demand. Equipped with three loafing stalls, a storage shed, potentially a garage, 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. This property offers a unique cash-flow opportunity that standard valuations overlook. Comps do not reflect the rental income generated by the second home. A savvy investment in the direct path of progress! ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.

Listing Status:
Active
Data Last Updated:
August 14, 2026 at 4:18PM
Listing Office:
Keller Williams Realty DPR : 972-732-6000
Listing Agent:
Deborah Newsome :
Contact:
214-457-0983
MLS ID:
21348400
  • General: Kitchen IslandOpen Floorplan
  • Appliances: DishwasherElectric CooktopMicrowave
  • Flooring: Concrete
  • A/C: Electric
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • General: DeckStorage
  • Pool: None
  • Parking: OutsideParking spaces: 3
  • Roofing: Metal
  • General: Metal SidingConcrete1Other
  • Originating MLS: NTR
  • School District: Sherman ISD
  • County: Grayson
  • Zoning: G-0061 BURLESON AARON A-G0061ACRES 1.77388305
  • Utilities: Septic AvailableSeparate MetersWater Available
  • Water: Community/Coop
  • Sewer: Septic Tank
  • Source: NTR
  • Exclusions: Deer mountsart and furnishings in the one bedroom home. The antique dresser in the three bedroom home.

This listing courtesy of Deborah Newsome , Keller Williams Realty DPR

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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