$550,000
$40K PRICE DROP

111 Mitchell Rd Sherman, TX 75090

Estimated payment $3,255/month

Total Views 15,362
3 Beds
2 Baths
1,886 Sq Ft
$292 Price per Sq Ft

Highlights

  • Very Popular Property
  • 1.77 Acre Lot
  • Converted Barn or Barndominium
  • Built in 2016 | Newly Remodeled
  • Open Floorplan
  • Kitchen Island

About This Home

A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. A multi-generational retreat or income-producing opportunity on a nearly two acre corner lot. Two cottages located in the heart of the Sherman tech corridor. This inviting property perfectly balances modern design with suburban charm. The 3-bedroom Barndominium (1214 sq ft.) is just completed with modern farmhouse touches. An additional 1-bedroom Texas cottage (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 and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to city amenities 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!

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 2016 | Newly Remodeled

Lot Details

  • 1.77 Acre Lot

Parking

  • Outside Parking

Home Design

  • Converted Barn or Barndominium

Interior Spaces

  • 1,886 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 2016 | Newly Remodeled

Lot Details

1.77 Acres

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Barndominium, Detached
  • 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: VirtualTour
  • Year Built: 2016

Interior Features

  • Square Footage: 1886.0
  • 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: 2016

Tax Info

  • Tax Annual Amount: 3304.0

MLS Schools

  • MiddleOrJuniorSchool: Sherman

Matterport 3D Tours

Floorplans

Map

Range of Values:

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Value Increase
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Percent Increase
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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
06/06/2026 06/06/26 Price Changed $550,000 -6.8% $292 / Sq Ft
05/22/2026 05/22/26 For Sale $589,900 -- $313 / 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) 261-5451

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

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  • 257 Westbury Dr, Coppell, TX 75019

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21268617

North Texas Real Estate Information Systems (NTREIS)

APN: 388305

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