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111 Mitchell Road

Sherman TX 75090

3
2
1886 sq. ft.
77101.2 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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!

Features

3 bedrooms
2 bathrooms
1886 sq. ft. floor area
77101.2 sq. ft. lot size
Single-Family

Happy sellers in Sherman

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Local market activity for 3 bedroom single-family properties in Sherman

In the last 12 months, 194 three-bedroom single-family properties similar to 111 Mitchell Road, have been sold.

This represents a 6% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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