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!
Listed By
Agency Name: Keller Williams Realty DPR
Agent Name: Deborah Newsome
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 1,273.72 per month $1,126.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $147.58 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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111 Mitchell Road | MLS# 21268617
This single family home located at 111 Mitchell Road, Sherman, TX 75090 is currently listed for sale with an asking price of $506,000. This property was built in 2016 and has 3 bedrooms and 2 full baths with 1886 sq. ft. Mitchell Road is located in the Aaron Burleson Surv Abs #61 subdivision within the Sherman ISD school district. Search Aaron Burleson Surv Abs #61 real estate on www.kellylandandranch.com today.