$506,000
NEW CONSTRUCTION $84K PRICE DROP

111 Mitchell Rd Sherman, TX 75090

Sherman Area

Estimated payment $3,080/month

Total Views 44,179
3 Beds
2 Baths
1,214 Sq Ft
$417 Price per Sq Ft

Highlights

  • New Construction
  • 1.77 Acre Lot
  • Converted Barn or Barndominium
  • Home fronts a creek
  • Open Floorplan
  • Kitchen Island

About This Home

Texas Ranchette! ASK ABOUT 100% FINANCING! 2 complete homes on a 1.77 acre corner creek lot. The main home is a new construction barndo 3 bedroom, 1214 sq ft. PLUS a guest cottage one-bedroom, full kitchen, bedroom and bath with dual vanities and a tub. 672 sq ft and a front porch nestled under a canopy of trees. Rental income or in-laws. Outside city limits! Horses allowed. This property offers a unique cash-flow opportunity that standard valuations overlook. Plus a front porch tucked beneath a mature tree canopy. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property on one parcel. Two cottages located in the heart of the Sherman tech corridor. Equipped with three loafing stalls, a storage shed 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. Comps do not reflect the sq ft or rental income generated by the second home. A savvy investment in the direct path of progress! Property is ALSO LISTED AS rESIDENTIAL INCOME MLS#21348400. ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY.

Listing Agent

Deborah Newsome

Keller Williams Realty DPR License #0420676 Listed on: 05/12/2026

Keller Williams Realty DPR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 1.77 Acre Lot
  • Home fronts a creek

Parking

  • Outside Parking

Home Design

  • Converted Barn or Barndominium
  • Farmhouse Style Home

Interior Spaces

  • 1,214 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Percy W Neblett Elementary School
  • Sherman Middle School
  • Sherman High School

Community Details

  • Aaron Burleson Surv Abs #61 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 388305

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,304

Year Built

Built in 2026 | New Construction

Lot Details

1.77 Acres

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Barndominium, Detached, Farmhouse
  • Unit Levels: One
  • Year Built Details: New Construction - Complete
  • Co List Office Mls Id: KELL01
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:388305
  • Special Features: 4098
  • Year Built: 2026

Interior Features

  • Square Footage: 1214.0
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Appliances: Dishwasher, Electric Cooktop, Microwave
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Outside
  • GarageYN: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Septic Available, Separate Meters, Water Available

Schools

  • Elementary School: Percy W Neblett
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 1.77
  • Parcel Number: 388305
  • Lot Size Acres: 1.77
  • Lot Size Sq Ft: 77101.2

Building Info

  • Year Built: 2026

Tax Info

  • Tax Annual Amount: 3304.0

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Sherman

Matterport 3D Tours

Floorplans

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,236 $195,613 $104,731 $90,882
2024 $3,439 $203,629 $107,120 $96,509
2023 $2,961 $175,071 $105,881 $69,190
2022 $2,801 $149,185 $83,721 $65,464
2021 $1,391 $68,783 $46,162 $22,621
2020 $1,339 $62,569 $37,531 $25,038
2019 $1,256 $55,223 $30,156 $25,067
2018 $1,083 $51,862 $25,594 $26,268
2017 $813 $38,706 $38,706 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/10/2026 09/10/26 For Rent $1,100 0.0% --
07/27/2026 07/27/26 Price Changed $506,000 0.0% $417 / Sq Ft
07/27/2026 07/27/26 For Sale $506,000 -8.0% $417 / Sq Ft
06/25/2026 06/25/26 Off Market -- -- --
06/06/2026 06/06/26 Price Changed $550,000 -6.8% $453 / Sq Ft
05/22/2026 05/22/26 For Sale $589,900 -- $486 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Red River Title
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Deborah Newsome

Keller Williams Realty DPR

(430) 209-4560

Section Image

Buyers and Sellers today want OPTIONS. I focus on what commands top dollar in this market and overcoming obstacles. We will discuss the preparation strategies that produce an ROI as well pricing for multiple offers. What can you expect with me as your agent? You can expect honest expert opinions and you can expect me to care about your money as I do my own. Licensed in 1992, I've lived in the Dallas area for 30+ years where our children attended public and private schools in Plano. Let's

Deborah's Other Listings

  • 9940 Derwent Dr, Plano, TX 75025

    $324,900 Sold May 12, 2026

    • 2 Beds
    • 2 Baths
    • 1,402 Sq Ft
    • 9940 Derwent Dr
    • Plano, TX

    Welcome home to effortless living! This immaculate townhome is move-in ready and waiting for you. Imagine winding down your evenings on the patio, soaking in peaceful views of the greenbelt, golf course, and a charming creek. The interior shines with sleek flooring (no carpet!) and a layout that offers perfect separation between bedrooms. We’ve even included the washer, dryer, and a 2026

    Deborah Newsome Keller Williams Realty DPR

  • 4400 Castleglen Dr, Plano, TX 75093

    $750,000 Sold May 01, 2026

    • 3 Beds
    • 2.5 Baths
    • 3,104 Sq Ft
    • 4400 Castleglen Dr
    • Plano, TX

    OFFER DEADLINE Monday, April 6 12Noon. Discover your private sanctuary in the heart of West Plano. Tucked away on an expansive, nearly one-third-acre pie-shaped lot, this one-story hidden gem offers the perfect blend of easy living and sophisticated charm. The backyard is an entertainer’s paradise, featuring a classic pool that anchors a serene outdoor oasis. Whether you’re hosting a summer

    Deborah Newsome Keller Williams Realty DPR

  • 5310 Keller Springs Rd Unit 612, Dallas, TX 75248

    $199,900 Sold Mar 02, 2026

    • 2 Beds
    • 2 Baths
    • 1,154 Sq Ft
    • 5310 Keller Springs Rd
    • Unit 612
    • Dallas, TX

    FIRST FLOOR convenient condo living just 4 miles from Downtown Dallas in a gated community. The spacious layout is designed for comfort and ease, featuring large tile floors. NO Carpet! This home is move-in ready with a REFRIGERATOR, WASHER AND DRYER included. Two bedrooms and two full baths in sought-after North Dallas. The spacious layout is designed for comfort and ease, featuring large tile

    Deborah Newsome Keller Williams Realty DPR

  • 257 Westbury Dr, Coppell, TX 75019

    $759,900 Sold Apr 28, 2026

    • 4 Beds
    • 3.5 Baths
    • 3,092 Sq Ft
    • 257 Westbury Dr
    • Coppell, TX

    OFFER DEADLINE MONDAY March 30 at 5pm. Welcome to your private oasis! Tucked away in a quiet, boutique community, this charming residence offers the perfect harmony of spaciousness and intimate comfort. Designed for those who love to host, this 4-bedroom hidden gem is ready for everything from holiday dinners to poolside summer afternoons. The heart of the home is the chef’s kitchen, truly the

    Deborah Newsome Keller Williams Realty DPR

  • 111 Mitchell Rd, Sherman, TX 75090

    $1,100

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft
    • 111 Mitchell Rd
    • Sherman, TX

    Charming Texas Cottage! This one-bedroom is completely independent from the main home and shares a 1.77 acre corner creek lot. The front porch is nestled under a mature canopy of trees. Outside city limits. 672 sq ft built in 2016 complete with a full kitchen, living room, bedroom and bath with two vanities and tub. Includes refrigerator, washer and dryer. This inviting property perfectly

    Deborah Newsome Keller Williams Realty DPR

    Section Image

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21268617

North Texas Real Estate Information Systems (NTREIS)

APN: 388305

Your Personal Tour Guide

Ask me questions while you tour the home.