Land with Home for Sale in Sherman, Texas

Rare Income-Producing Country Estate on 9.414 Acres! Discover an exceptional opportunity to own a versatile, income-producing property just minutes from Sherman. This unique estate offers the perfect combination of country living, business flexibility, and strong investment potential. The property features a well-maintained 2,098-square-foot main home with 3 bedrooms and 2 bathrooms, ideal for an owner-occupant or additional rental income. Also included is a 2-bedroom, 1-bath apartment that is currently leased, along with an office space and an attached shop or storage building, making it ideal for a home-based business, workshop, or additional workspace. Adding to the property's impressive cash flow are 11 established RV spaces, most of which are currently rented, providing consistent monthly income. The back portion of the property benefits from an agricultural exemption with hay production, helping keep property taxes low while preserving the open country setting. Whether you're searching for a multi-generational property, an owner-occupied investment, or a turnkey income-producing asset, this property offers incredible flexibility. Current rental income from the apartment and RV park creates immediate cash flow, with the opportunity to further increase revenue by leasing the main residence. Conveniently located with easy access to Sherman while offering the privacy and space of country living, this is a one-of-a-kind opportunity to live, work, and grow-all on one property.