1612 White Mound Road
Sherman, TX, 75090
$
799,000
Bedrooms3
Baths2.0
Sq
2,098
Monthly Estimate*
$
5,045
for $799,000 with 3 bedrooms and 2 full baths. This 2,098 square foot home was built in 1997 on a lot size of 9.414.
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.
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Features
Interior
Interior Features
Built-in Features
Cable TV Available
Pantry
Walk-In Closet(s)
Flooring
Carpet
Laminate
Basement Y/N
0
Dining Areas
1
Living Areas
2
Half Baths
0
Total Bedrooms
3
Total Baths
2
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General
Heating
Electric
Fireplace(s)
Cooling
Ceiling Fan(s)
Central Air
Electric
Utilities
Aerobic Septic
Electricity Connected
Outside City Limits
Septic
Possession
30-60 Days
Roof
Composition
Appliances
Dishwasher
Electric Range
Electric Water Heater
Microwave
current use
Agricultural
Number of Garage Spaces
2
School District
Tom Bean ISD
Pool Y/N
0
Year Built
1997
Architectural Style
Ranch
Traditional
Levels
One
AG Exemption
Y
Property Subtype
Single Family Residence
Subdivision Name
SHOCKEY HENRY
Transaction Type
For Sale
Occupant Type
Owner
County
Grayson
Property Type
Residential
Construction Materials
Brick
Year Built Details
Preowned
HOA Type
None
Full Baths
2
Status
Active
Directions
From Hwy 75
take FM 902 east. Turn right onto White Mound Rd. Continue approximately 1.6 miles. Property is located on the right at 1612 White Mound Rd.
City
Sherman
Elementary School Name
Tom Bean
High School
Tom Bean
Elementary School
Tom Bean
Standard Status
Active
Listing Terms
Cash
Conventional
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Exterior
Waterfront
0
Exterior Features
RV Hookup
RV/Boat Parking
Storage
Lot Features
Acreage
Agricultural
Garage Length
19
Garage Width
19
Other Structures
RV/Boat Storage
Second Residence
Storage
Parking Features
Garage
Garage Door Opener
Garage Faces Side
Garage Single Door
Gravel
Lot Size
5 to < 10 Acres
Foundation
Slab
Structural Style
Single Detached
Garage Y/N
1
Attached Garage Y/N
1
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* Excluded Features
List By
Haley Miller
Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $5,045
- Monthly Property Taxes
- $543
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Sherman, TX
Average List Price
$358,666
Percent of Sale Price
55%
About Sherman, TX
40,917
Population
14%
Since 2002
$
44,725
Median Income
34.63
Median Age
30%
Households with Children
Trends Information provided by ATTOM Data Solutions.
286822
Elementary School
5136380
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/3/2026
|
$799,000
|
|
Listed Price
|