New Construction
Listed By:
Keller Williams Realty DPR
Address
111 Mitchell Road, Sherman, TX
Price
$ 506,000
Property Attributes
  • MLS#21268617
  • TypeSingle Family
  • Listing Status Active
  • CountyGRAYSON
  • CitySherman
  • NeighborhoodAaron Burleson Surv Abs #61
  • Zip75090
  • StyleBarndominium
  • Year Built2026
  • Taxes$ 3304
  • Price$ 506,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1214
  • Lot Size1.77 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Texas Ranchette! ASK ABOUT 100% FINANCING! 2 complete homes on a 1.77 acre corner creek lot. The main home is a new construction barndo 3 bedroom, 1214 sq ft. PLUS a guest cottage one-bedroom, full kitchen, bedroom and bath with dual vanities and a tub. 672 sq ft and a front porch nestled under a canopy of trees. Rental income or in-laws. Outside city limits! Horses allowed. This property offers a unique cash-flow opportunity that standard valuations overlook. Plus a front porch tucked beneath a mature tree canopy. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property on one parcel. Two cottages located in the heart of the Sherman tech corridor. Equipped with three loafing stalls, a storage shed 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. Comps do not reflect the sq ft or rental income generated by the second home. A savvy investment in the direct path of progress! Property is ALSO LISTED AS rESIDENTIAL INCOME MLS#21348400. ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY.

Elementary School
Percy W Neblett Elementary School
Price History
5/22/2026 Listed $589,900
6/7/2026 7$550,000
7/28/2026 8$506,000

General Features

Utilities Co-op Water,Individual Water Meter,Septic
Possession Negotiable
Appliances Dishwasher,Electric Cooktop,Microwave
School District Sherman ISD
Exclusions Deer mounts,art and furnishings in the one bedroom home. The antique dresser in the three bedroom home.
Year Built 2026
Architectural Style Barndominium
Levels One
Unexempt Taxes 3304
Will Subdivide Subdivided
Property Subtype Farm/Ranch
Subdivision Name Aaron Burleson Surv Abs #61
Transaction Type For Sale/Lease
County Grayson
Property Type Residential
Year Built Details New Construction - Complete
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit Y/N Yes
HOA Type None
Full Baths 2
Status Active
Directions Please see GPS.
City Sherman
Elementary School Name Percy W Neblett
High School Sherman
Elementary School Percy W Neblett
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21268617
Standard Status Active

Interior Features

Interior Features Kitchen Island,Open Floorplan
Dining Areas 1
Living Areas 1
Room Count 2
Lock Box Type Blue iBox
Total Bedrooms 3
Total Baths 2

Exterior Features

Parking Features Outside
WaterFront Features Creek
Lot Size 1 to < 3 Acres
Lot Size Area 1.7700
Lot Size Units Acres
Structural Style Farm/Ranch House,Single Detached
Lot Size Square Feet 77101.2000
Lot Size Acres 1.7700

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75090

Price
AVG $330K
$510K
Taxes
AVG $5,478
$3,304
Year Built
AVG 1987
2026
Visits
AVG 202
12
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover