4779 SISTRUNK STREET, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
List Price$225,000
4779 Sistrunk Street
Sherman, TX 75090
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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