111 Mitchell Road
Sherman, TX 75090
Listing courtesy of Deborah Newsome, Keller Williams Realty DPR
About this home
Ranchette! 2 complete homes on a 1.77 acre corner creek lot. Brand new barndo plus ADU. Rental income or in-laws. Outside city limits! Horses allowed. Two rental opportunities or multi-generational living. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern farmhouse touches. An additional 1-bedroom ADU (672 sq ft built in 2016) boasts a full kitchen and bath with dual vanities and tub and a front porch tucked beneath a mature tree canopy. Make it a private mother-in-law suite, home office, or a steady rental stream to capitalize on the area's soaring housing demand. Equipped with three loafing stalls, a storage shed, potentially a garage, and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to the city and the new Texas Instruments & GlobalWafers sites. Families will appreciate the rapidly modernizing Sherman ISD, featuring a recent high school, three new elementary schools, and a state-of-the-art athletic stadium. Enjoy easy access to Dallas, expanding retail, and top-tier industrial job opportunities. This property offers a unique cash-flow opportunity that standard valuations overlook. Comps do not reflect the rental income generated by the second home. A savvy investment in the direct path of progress! ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.
Schools
- Elementary
- Percy W Neblett
- Middle
- Sherman
- High
- Sherman
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21348400
- Property Type
- Multi-Family / Income
- Status
- For Sale
- County
- Grayson
- Subdivision
- Aaron Burleson Surv Abs #61
- Lot Size
- 1.77 acres
- HOA Dues
- None
- Annual Taxes
- $3,304
- Days on Market
- 16 days
- Listed
- Aug 3, 2026
- Price per Sqft
- $268
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $2,693
- Property taxes
- $275
- Homeowner's insurance (est.)
- $148
Based on a 30-year fixed loan. For an accurate quote, call or text us at (817) 674-0754 and we'll connect you with a trusted local lender.
Similar homes nearby
See all in Sherman→Listing courtesy of Victor Steffen, eXp Realty LLC
Listing courtesy of Michelle Couch, MC Realty
Listing courtesy of PK Avala, Beam Real Estate, LLC