4779 SISTRUNK STREET, SHERMAN, TX 75090

Homes for sale in Sherman.

Homes for sale in 75090.


Active

List Price$225,000

4779 Sistrunk Street

Sherman, TX 75090

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21335404

5

Bedrooms

3 full

Bathrooms

3,978

Square Feet

House

Type

About This Property

Investor Opportunity with Immediate Cash Flow and Value-Add Potential in Sherman, TX! Discover the investment potential at 4779 Sistrunk Road, a 1.48-acre income-producing property offering multiple revenue streams and significant upside. The property currently generates $1,200 per month in rental income from a mobile home leased for $750 per month and an RV hookup rented for $450 per month, providing immediate cash flow while you execute your investment strategy. The centerpiece of the property is a nearly 4,000-square-foot Victorian-style home ready for renovation. With its impressive size, timeless architecture, and restoration potential, the home presents an excellent opportunity for a fix-and-flip project, long-term rental conversion, or owner-occupied renovation with built-in supplemental rental income. Whether you're searching for an income-producing property, fix-and-flip opportunity, value-add investment, or multi-income real estate in Sherman, this property offers the flexibility investors are looking for. Continue collecting rental income during renovations, expand your investment portfolio, or unlock additional value through updates and improvements. Opportunities combining current cash flow with substantial appreciation potential are becoming increasingly difficult to find in the Sherman market. This offering was previously marketed as part of an approximately 2.47-acre tract, but the owners have elected to subdivide the property, allowing the new owner to retain the approximately 1.48-acre portion featuring all of the existing income-producing improvements. By keeping the mobile home rental and RV hookup with the Victorian residence, this configuration provides the rare opportunity to acquire a property that combines immediate cash flow with substantial value-add and renovation potential, making it an attractive investment in today's market.

Property Features

Location Information

County

Grayson

Subdivision

Hilltop Estate Sub

Interior Features

Rooms

Second Floor Bedroom, Second Floor Bedroom, Second Floor Bedroom, First Floor Bedroom, Second Floor Full Bath, First Floor Full Bath, First Floor Living Room, First Floor Primary Bathroom, First Floor Primary Bedroom, First Floor Utility Room

Number of Fireplaces

0

Interior

High Speed Internet, Kitchen Island, Walk-In Closet(s)

Heating

Space Heater

Master Bedroom Description

0 x 0

Cooling

Window Unit(s)

Full Baths

3

Floors

Hardwood, Luxury Vinyl Plank, Tile

Living Room Description

0 x 0

Appliances

Double Oven, Dishwasher, Electric Cooktop, Refrigerator

Has Fireplace

No

Exterior Features

Style

Barndominium, Victorian, Detached

Fencing

Partial

Stories

2

Pool Description

None

Construction

Wood Siding

Other Structures

Guest House, Residence

Foundation

Pillar/Post/Pier

Lot Description

Corner Lot

Roof

Composition

Lot Size in Acres

1.48

Utilities

Electricity Connected, Septic Available, Water Available

Lot Size in Sq. Ft.

64,468

Parking Description

No Garage

Is One Story

No

Garage Spaces

0

Lot Description

Corner Lot

School

Elementary School District

Sherman ISD

Jr. High School

Piner

Elementary School

Percy W Neblett

High School

Sherman

Additional Information

Year Built Details

Preowned

Year Built

1910

Property Type

SFR

Status

Active

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Tax Annual Amount

6323.0

Similar Listings

Mortgage Calculator

$1,049

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$810

Monthly Tax

$187

Monthly Insurance

$52

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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