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428 Pennell Road

Sherman, TX 75090

Listing courtesy of Pamela George, Rise Realty

$420,000
Active
Beds
3
Baths
2
Sqft
1,680
Year Built
1984

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.

$2,776/mo
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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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 26, 2026