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Land with Home for Sale in Sherman, Texas

111 Mitchell Rd, Sherman, TX 75090

$506,000
1.77 acres
Active sale
$39.9k drop
Est $2,861/mo

Under appraised value, price adjustment. Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. 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. This inviting property perfectly balances modern design with suburban charm. The 3-bedroom Barndominium (1214 sq ft.) is just completed with modern farmhouse touches. An additional 1-bedroom Texas cottage (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 and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to city amenities 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!

1,886
Sq feet
3
Beds
2
Full baths
2016
Built

Location

Street address
111 Mitchell Rd
Zip code
75090
Community
Aaron Burleson Surv Abs #61
School district
Sherman ISD
Elevation
689 feet
Coordinates
33.6385, -96.5473

Property details

Acreage
1.77 acres77,101 sq ft
MLS #
NTREIS 21268617
Posted

Property taxes

Recent
$3,304

Parcels

  • 388305

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Structure

Stories
1
Sewer
Septic Tank

Interior

Rooms
Bathroom x 2, Bedroom x 3
Appliances
Dishwasher, Electric Cooktop, Microwave
Features
Kitchen Island, Open Floorplan

Nearby schools

NameTypeDistrict
Percy W NeblettElementarySherman ISD
ShermanMiddleSherman ISD
ShermanHighSherman ISD

Listing history

DateEventPriceChangeSource
July 28, 2026New listing$506,000NTREIS
June 26, 2026Listing removed$550,000Listing agent
June 7, 2026Price drop$550,000$39,900 -6.8%NTREIS
May 23, 2026New listing$589,900NTREIS
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This 1.77-acre property is located at 111 Mitchell Rd in Sherman, TX 75090. The property is available for sale, priced at $506,000. It has a 1,886 square foot 3-bedroom, 2-bath house built in 2016.

Listed by Keller Williams Dallas Preston Road, (972) 732-6000

Checked 1 hour agoUpdated Source

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