$799,000

1612 White Mound Road, Sherman, TX 75090

  • 2,097 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon9.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $381/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
August 13, 2026 at 11:21PM
Listing Office:
PARAGON, REALTORS : 903-893-8174
Listing Agent:
Haley Miller :
Contact:
903-893-8174
MLS ID:
21357984
  • Flooring: CarpetLaminate
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: ElectricFireplace(s)
  • Fireplace: Fireplace
  • Parking: Door-SingleGarageGarage Door OpenerGravelGarage Faces Side
  • Roofing: Composition
  • General: Brick1Slab
  • Road/Access: County Road
  • Originating MLS: NTR
  • County: Grayson
  • Topography: Level
  • Zoning: G-1074 SHOCKEY HENRY A-G1074ACRES 9.414130331
  • Utilities: Electricity ConnectedSeptic Available
  • Sewer: Aerobic SepticSeptic Tank
  • Source: NTR

This listing courtesy of Haley Miller , PARAGON, REALTORS

Monthly Payment

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

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