About This Home

This 4-bedroom, 3-bathroom residential multi family at 111 Mitchell Road in Sherman, TX is listed for $506,000 ($268 per sqft). Built in 2026, the home offers 1,886 sqft of living space on a 1.77 acres lot.

Key Features

  • Built in 2026
  • 1.77 acre lot
  • 3 parking spaces

Property Details

1 story
3 full
3 spaces
2026

Amenities

A/C
Listing 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. THIS IS A DUPLICATE MARKETING ENTRY.THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.

Monthly Cost Estimate

$2,706/mo

20% down · 6.5% · 30 years

Principal$366
Interest$2,193
Insurance$148

Estimates only. Actual payments may vary.

Location

111 Mitchell Road

Sherman, TX 75090

Aaron Burleson Surv Abs #61

Features & Amenities

Interior Features

KitchenIslandOpenFloorplan

Exterior Features

DeckStorage

Property Details

Flooring

Concrete

Construction

MetalSiding Concrete

Outdoor Features

Deck

Heating

Central

Cooling

Electric

Appliances

DishwasherElectricCooktopMicrowave

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 111 Mitchell Road is listed at $506,000 ($268/sqft). The estimated monthly payment is $2,707 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 1.77 acre lot, 3 parking spaces. Interior Features: KitchenIsland, OpenFloorplan. Exterior Features: Deck, Storage.

This property is listed by Deborah Newsome.

DN

Deborah Newsome

Agent at Guildford LTD dba Keller Williams Realty

Listed by Guildford LTD dba Keller Williams Realty · Broker phone: (972) 732-6000 · View on Broker Site · Broker website

MLS# 21348400· Source: North Texas Real Estate Information Systems, Inc.· 2 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

111 Mitchell Road, Sherman, TX 75090

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