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111 Mitchell Road Sherman, TX $ 506,000
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$ 506,000 Get more info
111 Mitchell Road
$ 506,000
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111 Mitchell Road

Sherman, TX, 75090
$ 506,000
Bedrooms4 Baths3.0 Sq 1,886

Monthly Estimate*

$ 3,195

​

Multi-Family Home for sale in Sherman, TX

for $506,000 with 4 bedrooms and 3 full baths. This 1,886 square foot home was built in 2026 on a lot size of 1.77.

Priced just under recent appraisal. Plus an Accessory Dwelling Unit! Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. This inviting property perfectly balances modern design with suburban charm. 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. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern farmhouse touches. An additional 1-bedroom ADU (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, potentially a garage, and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to the city 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! ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.

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Multi-Family Active

Price

$ 506,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,304

Style

Multiple Single Units

Lot Size

1.77

Year Built

2026

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21348400
Features
Interior
Interior Features Kitchen Island Open Floorplan
Flooring Concrete
Basement Y/N 0
Total Units 2
Half Baths 0
Total Bedrooms 4
Total Baths 3
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General
Heating Central
Complex Name None
Cooling Electric
Utilities Co-op Water Individual Water Meter Septic
Possession Negotiable
Roof Metal
Appliances Dishwasher Electric Cooktop Microwave
School District Sherman ISD
Pool Y/N 0
Exclusions Deer mounts art and furnishings in the one bedroom home. The antique dresser in the three bedroom home.
Year Built 2026
Levels One
Property Subtype Multiple Single Units
Subdivision Name Aaron Burleson Surv Abs #61
Occupant Type Owner
County Grayson
Property Type Residential Income
Construction Materials Concrete Metal Siding
Year Built Details New Construction - Complete
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit Y/N Y
HOA Type None
# of Buildings 2
Full Baths 3
Status Active
Directions Please see GPS.
City Sherman
Elementary School Name Percy W Neblett
High School Sherman
Elementary School Percy W Neblett
Standard Status Active
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Exterior
Waterfront 0
Exterior Features Covered Deck Storage
Lot Features Acreage Cleared Corner Lot
Lot Size Source Public Records
Parking Features Outside
WaterFront Features Creek
Lot Size 1 to < 3 Acres
Foundation Other
Building Area Total 1886.00
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Deborah Newsome

Listing Agent

Keller Williams Realty Dpr

Broker

Affordability Calculator

$3,470
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,195
Monthly Property Taxes
$275
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.
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Nearby
287404 Elementary School
3672418 Middle School
See complete school information
Pricing History
Date Price Price Change Description
8/3/2026 $506,000 Listed Price

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111 Mitchell Road, Sherman, TX, 75090 is a Multi-Family Home for sale at $506,000 with 1,886 sqft and a lot size of 1.77. 111 Mitchell Road has 4 bedrooms, 3.0 baths, and was built in 2026. The property's zip code is 75090 which is in Sherman, TX

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