1612 WHITE MOUND ROAD, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
List Price$799,000
1612 White Mound Road
Sherman, TX 75090
Listing #21319179
3
Bedrooms
2 full
Bathrooms
2,098
Square Feet
House
Type
About This Property
Rare Income-Producing Country Estate on 9.414 Acres! Discover an exceptional opportunity to own a versatile, income-producing property just minutes from Sherman. This unique estate offers the perfect combination of country living, business flexibility, and strong investment potential. The property features a well-maintained 2,098-square-foot main home with 3 bedrooms and 2 bathrooms, ideal for an owner-occupant or additional rental income. Also included is a 2-bedroom, 1-bath apartment that is currently leased, along with an office space and an attached shop or storage building, making it ideal for a home-based business, workshop, or additional workspace. Adding to the property's impressive cash flow are 11 established RV spaces, most of which are currently rented, providing consistent monthly income. The back portion of the property benefits from an agricultural exemption with hay production, helping keep property taxes low while preserving the open country setting. Whether you're searching for a multi-generational property, an owner-occupied investment, or a turnkey income-producing asset, this property offers incredible flexibility. Current rental income from the apartment and RV park creates immediate cash flow, with the opportunity to further increase revenue by leasing the main residence. Conveniently located with easy access to Sherman while offering the privacy and space of country living, this is a one-of-a-kind opportunity to live, work, and grow--all on one property.
Property Features
Location Information
County
Grayson
Subdivision
SHOCKEY HENRY
Interior Features
Rooms
First Floor Primary Bathroom
Heating
Electric, Fireplace(s)
Interior
Built-in Features, Pantry, Cable TV, Walk-In Closet(s)
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
2
Floors
Carpet, Laminate
Has Fireplace
Yes
Laundry
Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Garage
Number of Fireplaces
1
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave
Exterior Features
Style
Ranch, Traditional, Detached
Garage Spaces
2
Stories
1
Patio / Deck Description
Front Porch
Construction
Brick
Pool Description
None
Exterior
RV Hookup, Storage
Other Structures
Second Residence, RV/Boat Storage, Storage
Foundation
Slab
Lot Description
Acreage, Agricultural
Roof
Composition
Lot Size in Acres
9.414
Utilities
Electricity Connected, Septic Available, Cable Available
Lot Size in Sq. Ft.
410,073
Security System
Security System
Current Use
Agricultural
Parking Description
Door-Single, Garage, Garage Door Opener, Gravel, Garage Faces Side, Boat, RV Access/Parking
Is One Story
Yes
Has Garage
Yes
Lot Description
Acreage, Agricultural
School
Elementary School District
Tom Bean ISD
Jr. High School
Tom Bean
Elementary School
Tom Bean
High School
Tom Bean
Additional Information
Year Built Details
Preowned
Year Built
1997
Property Type
SFR
Status
Active Under Contract
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
6510.0
Similar Listings
Mortgage Calculator
$3,730
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,879
Monthly Tax
$665
Monthly Insurance
$186
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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