428 Pennell Road
Sherman, TX 75090
Listing courtesy of Pamela George, Rise Realty
About this home
This great property offers serious potential with two homes on one generously sized, tree-covered lot. One home is move-in ready, the other has utilities in place and just needs work to unlock its full value. Primary home boasts an open floorplan, two living areas, three bedrooms and two baths. Set off the road, the primary residence offers plenty of privacy and a quiet space for outdoor activities. The second home is unique in that it has its own electric, water and septic in place. There is plenty of opportunity to tear down this home for a new primary residence or put some imagination and remodel work into it for a second residence, or a rental property. The entire property is ideal for rental income, multi-generational living, or a live-in renovation project. Open to subdividing, but you could also just bring your animals, or start a hobby farm—there’s plenty of space, open grass, and mature trees. Enjoy the peaceful views from the covered porch and imagine the possibilities. **NEW SURVEY WILL BE NEEDED FOR THIS PROPERTY**While information is deemed reliable to the best of the seller's knowledge, it is not guaranteed. Buyer and buyers agent to verify all information herein. Buyers agent and broker information must be identified at first showing.
Schools
- Elementary
- Tom Bean
- Middle
- Tom Bean
- High
- Tom Bean
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21272143
- Property Type
- Residential
- Status
- Active
- County
- Grayson
- Subdivision
- Tom Bean North Estates
- Lot Size
- 9.39 acres
- HOA Dues
- None
- Annual Taxes
- $5,018
- Days on Market
- New (0 days)
- Listed
- Jun 26, 2026
- Price per Sqft
- $250
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $2,235
- Property taxes
- $418
- Homeowner's insurance (est.)
- $123
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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