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About This Home

This 3-bedroom, 2-bathroom single family at 111 Mitchell Road in Sherman, TX is listed for $589,900 ($313 per sqft). Built in 2016, the home offers 1,886 sqft of living space on a 1.77 acres lot.

Agent Description

A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. A multi-generational retreat or income-producing opportunity on a nearly two acre corner lot. 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!

Key Features

  • Built in 2016
  • 1.77 acre lot

Property Details

1 story
2 full
2016

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,556
Insurance$172

Estimates only. Actual payments may vary.

Location

111 Mitchell Road

Sherman, TX 75090

Aaron Burleson Surv Abs #61

Features & Amenities

Interior Features

Kitchen IslandOpen Floorplan

Property Details

Appliances

CooktopCooktop - ElectricDishwasherMicrowaveWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 111 Mitchell Road is listed at $589,900 ($313/sqft). The estimated monthly payment is $2,556 based on 20% down at 6.5% interest.

Key features include: Built in 2016, 1.77 acre lot. Interior Features: Kitchen Island, Open Floorplan.

This property is listed by Deborah Newsome and can be reached at 9727326000 or deborah.dfwhomes@gmail.com.

DN

Deborah Newsome

Agent at Keller Williams Realty DPR

(972) 732-6000

Listed by Keller Williams Realty DPR · View on Broker Site

MLS# 21268617· Source: listhub· Updated today

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111 Mitchell Road, Sherman, TX 75090

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