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1612 White Mound Road

Sherman TX 75090

3
2
2
2098 sq. ft.
410073.84 sq. ft.
Single-Family
Currently for sale - view listing

Overview

MULTI-INCOME INVESTMENT OPPORTUNITY Rare opportunity to acquire a diversified income-producing property on 9.414 acres just minutes from Sherman. This unique asset combines established rental income with significant flexibility and value-add potential, making it an attractive opportunity for investors, owner-operators, or buyers looking to expand their real estate portfolio. The property features 11 established RV spaces, most of which are currently leased, along with a leased 2-bedroom, 1-bath apartment, providing immediate income from multiple sources. A 2,098-square-foot, 3-bedroom, 2-bath main residence offers another potential revenue stream if leased or the opportunity for an owner-operator to live on site. A separate office space with an attached shop or storage building adds another layer of versatility and may accommodate business operations, workspace, storage, or additional leasing opportunities. One of the property's greatest opportunities lies in the open back portion of the 9.414 acres. Currently utilized for hay production and benefiting from an agricultural exemption, this area provides substantial open space and flexibility for a future owner to envision how the property could evolve. Whether held as open acreage, continued in agricultural use, or evaluated for future improvements or expansion, the additional land creates valuable long-term upside and optionality, subject to applicable approvals and restrictions. With RV income, residential rental income, office or shop space, a main residence, and additional open acreage, this property offers a combination of existing cash flow and future potential that is difficult to replicate. Conveniently located near Sherman and positioned within the continued growth of North Texas, this is an opportunity to acquire an established income-producing asset with multiple revenue streams, usable acreage, expansion potential, and room to make the property your own.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2098 sq. ft. floor area
410073.84 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, 203 three-bedroom single-family properties similar to 1612 White Mound Road, have been sold.

This represents a 4% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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