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$506,000
8 Days On Site

111 Mitchell Road
Sherman, TX75090

For Sale|Multi Family|Active
4
Beds
3
Total Baths
3
Full Baths
1,886
SqFt
$268
/SqFt
2026
Built
Subdivision:
Aaron Burleson Surv Abs #61
County:
Grayson
Call Now: 214-727-3686
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214-727-3686
111 Mitchell Road111 Mitchell Road111 Mitchell Road111 Mitchell Road
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Priced just under recent appraisal. Plus an Accessory Dwelling Unit! Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. This inviting property perfectly balances modern design with suburban charm. 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. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern farmhouse touches. An additional 1-bedroom ADU (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, potentially a garage, 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. 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! ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.

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Listing Snapshot
Price 
$506,000
Days On Site 
8 Days
Bedrooms 
4
Inside Area (SqFt) 
1,886 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.77 Acres
Year Built 
2026
MLS® Number 
21348400
Status 
Active
Property Tax 
$3,304
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
1.77
Foundation 
Other
Levels 
One
Parking 
Outside
Parking Spaces 
3
Property Condition 
New Construction
Property Sub Type 
Multi Family
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
1886
Interior Features
Appliances 
DishwasherElectric CooktopMicrowave
Cooling 
Electric
Flooring 
Concrete
Heating 
Central
Interior 
Kitchen IslandOpen Floorplan
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Exterior Features
Construction Details 
ConcreteMetal Siding
Exterior 
Storage
Lot Features 
ClearedCorner Lot
Patio And Porch 
DeckCovered
Roof 
Metal
Waterfront Features 
Creek
Community Features
Horse Allowed 
Yes
School District 
Sherman ISD
Schools
School District
Sherman ISD
Elementary School
Percy W Neblett
Middle School
Sherman
High School
Sherman
Listing courtesy of Deborah Newsome of Keller Williams Realty DPR [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-08-12 07:28 AM CDT

Neighborhood & Commute
Source: Walkscore
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