Address
4779 Sistrunk Street, Sherman, TX
Price
$ 225,000
Property Attributes
- MLS#21335404
- TypeSingle Family
- Listing Status Active
- CountyGRAYSON
- CitySherman
- NeighborhoodHilltop Estate Sub
- Zip75090
- StyleBarndominium,Victorian
- Year Built1910
- Taxes$ 6323
- Price$ 225,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3978
- Lot Size1.48 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Investor Opportunity with Immediate Cash Flow and Value-Add Potential in Sherman, TX! Discover the investment potential at 4779 Sistrunk Road, a 1.48-acre income-producing property offering multiple revenue streams and significant upside. The property currently generates $1,200 per month in rental income from a mobile home leased for $750 per month and an RV hookup rented for $450 per month, providing immediate cash flow while you execute your investment strategy. The centerpiece of the property is a nearly 4,000-square-foot Victorian-style home ready for renovation. With its impressive size, timeless architecture, and restoration potential, the home presents an excellent opportunity for a fix-and-flip project, long-term rental conversion, or owner-occupied renovation with built-in supplemental rental income. Whether you're searching for an income-producing property, fix-and-flip opportunity, value-add investment, or multi-income real estate in Sherman, this property offers the flexibility investors are looking for. Continue collecting rental income during renovations, expand your investment portfolio, or unlock additional value through updates and improvements. Opportunities combining current cash flow with substantial appreciation potential are becoming increasingly difficult to find in the Sherman market. This offering was previously marketed as part of an approximately 2.47-acre tract, but the owners have elected to subdivide the property, allowing the new owner to retain the approximately 1.48-acre portion featuring all of the existing income-producing improvements. By keeping the mobile home rental and RV hookup with the Victorian residence, this configuration provides the rare opportunity to acquire a property that combines immediate cash flow with substantial value-add and renovation potential, making it an attractive investment in today's market.
| Elementary School |
|---|
| Percy W Neblett Elementary School |
| Price History | |
|---|---|
| 7/20/2026 | Listed $225,000 |
General Features
| Heating | Space Heater |
|---|---|
| Cooling | Window Unit(s) |
| Utilities | City Water,Electricity Connected,Septic |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Cooktop,Double Oven,Refrigerator |
| Restrictions | None |
| School District | Sherman ISD |
| Year Built | 1910 |
| Architectural Style | Barndominium,Victorian |
| Levels | Two |
| Unexempt Taxes | 6323 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Hilltop Estate Sub |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| County | Grayson |
| Property Type | Residential |
| Construction Materials | Wood |
| Year Built Details | Preowned |
| Accessory Unit Type | Accessory Dwelling Unit (ADU) |
| Accessory Unit Y/N | Yes |
| HOA Type | None |
| Full Baths | 3 |
| Status | Active |
| Directions | Take Highway 82 in Sherman and head east. Turn right onto FM 1417 South and continue for several miles. Turn left onto Plainview Road and follow it until you reach Sistrunk Road. Turn right onto Sist |
| 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/21335404 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | High Speed Internet Available,Kitchen Island,Walk-In Closet(s) |
|---|---|
| Flooring | Hardwood,Luxury Vinyl Plank,Tile |
| Fireplace Features | None |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 10 |
| Lock Box Type | See Remarks |
| Total Bedrooms | 5 |
| Total Baths | 3 |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Vegetation | Grassed,Partially Wooded |
| Fencing | Partial |
| Other Structures | Guest House,Residence |
| Parking Features | No Garage |
| Lot Size | 1 to < 3 Acres |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 1.4800 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Lot Size Square Feet | 64468.8000 |
| Lot Size Acres | 1.4800 |
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
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
