111 Mitchell Rd Sherman, TX 75090
Sherman AreaEstimated payment $3,080/month
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.
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
Matterport 3D Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
About the Listing Agent
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
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21268617
APN: 388305
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Ask me questions while you tour the home.