$225,000

4779 Sistrunk Street, Sherman, TX 75090

  • 5 beds |
  • 3 baths |
  • 3,978 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon1.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $57/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Investor Opportunity with Immediate Cash Flow and Value-Add Potential in Sherman, TX! Discover the investment potential at 4779 Sistrunk Road, a 1.48-acre income-producing property offering multiple revenue streams and significant upside. The property currently generates $1,200 per month in rental income from a mobile home leased for $750 per month and an RV hookup rented for $450 per month, providing immediate cash flow while you execute your investment strategy. The centerpiece of the property is a nearly 4,000-square-foot Victorian-style home ready for renovation. With its impressive size, timeless architecture, and restoration potential, the home presents an excellent opportunity for a fix-and-flip project, long-term rental conversion, or owner-occupied renovation with built-in supplemental rental income. Whether you're searching for an income-producing property, fix-and-flip opportunity, value-add investment, or multi-income real estate in Sherman, this property offers the flexibility investors are looking for. Continue collecting rental income during renovations, expand your investment portfolio, or unlock additional value through updates and improvements. Opportunities combining current cash flow with substantial appreciation potential are becoming increasingly difficult to find in the Sherman market. This offering was previously marketed as part of an approximately 2.47-acre tract, but the owners have elected to subdivide the property, allowing the new owner to retain the approximately 1.48-acre portion featuring all of the existing income-producing improvements. By keeping the mobile home rental and RV hookup with the Victorian residence, this configuration provides the rare opportunity to acquire a property that combines immediate cash flow with substantial value-add and renovation potential, making it an attractive investment in today's market.

Listing Status:
Active
Data Last Updated:
August 14, 2026 at 6:19PM
Listing Office:
Easy Life Realty : 903-224-5171
Listing Agent:
Eli Ersch :
Contact:
903-224-5171
MLS ID:
21335404
  • General: High Speed InternetKitchen IslandWalk-In Closet(s)
  • Appliances: Double OvenDishwasherElectric CooktopRefrigerator
  • Flooring: HardwoodLuxury Vinyl PlankTile
  • A/C: Window Unit(s)
  • Heating: Space Heater
  • Fireplace: Fireplaces: 0
  • General: Guest HouseResidence
  • Style: BarndominiumVictorianDetached
  • Other Structures: Guest HouseResidence
  • Pool: None
  • Parking: No Garage
  • Roofing: Composition
  • General: Wood Siding2Pillar/Post/Pier
  • Originating MLS: NTR
  • School District: Sherman ISD
  • County: Grayson
  • Zoning: HILLTOP ESTATE S/DBLOCK 2LOT 1 THRU 6AC154371
  • Fencing: Partial
  • Utilities: Electricity ConnectedSeptic AvailableWater Available
  • Water: Public
  • Sewer: Septic Tank
  • Source: NTR

This listing courtesy of Eli Ersch , Easy Life Realty

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location