1612 White Mound Rd, Sherman, TX 75090

$799,000
3
BD
2
BA
2,098
SqFt

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List Price
$799,000
Status
ACTIVE UNDER CONTRACT
MLS#
21319179
Subtype
Residential
Style
Ranch, Traditional, Detached
Architectural Style
Ranch, Traditional, Detached
Construction Status
Preowned
Year Built
1997
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,098
Lot Size
410,073
Acres
9.41
Subdivision
SHOCKEY HENRY

Property Description

Rare Income-Producing Country Estate on 9.414 Acres! Discover an exceptional opportunity to own a versatile, income-producing property just minutes from Sherman. This unique estate offers the perfect combination of country living, business flexibility, and strong investment potential. The property features a well-maintained 2,098-square-foot main home with 3 bedrooms and 2 bathrooms, ideal for an owner-occupant or additional rental income. Also included is a 2-bedroom, 1-bath apartment that is currently leased, along with an office space and an attached shop or storage building, making it ideal for a home-based business, workshop, or additional workspace. Adding to the property's impressive cash flow are 11 established RV spaces, most of which are currently rented, providing consistent monthly income. The back portion of the property benefits from an agricultural exemption with hay production, helping keep property taxes low while preserving the open country setting. Whether you're searching for a multi-generational property, an owner-occupied investment, or a turnkey income-producing asset, this property offers incredible flexibility. Current rental income from the apartment and RV park creates immediate cash flow, with the opportunity to further increase revenue by leasing the main residence. Conveniently located with easy access to Sherman while offering the privacy and space of country living, this is a one-of-a-kind opportunity to live, work, and grow—all on one property.

Additional Information

Amenities
Fireplace
Interior Features
Pantry, Cable TV, Walk-In Closet(s)
Exterior Features
RV Parking/RV Hookup, Storage
Taxes
$6,510
Property Description
Ranch, Traditional, Detached
Flooring
Carpet, Laminate
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave
Heating
Electric, Fireplace
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Exterior Features
RV Parking/RV Hookup, Storage
Stories
1
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Garage - Single Door, Garage, Garage Door Opener, Gravel, Garage Faces Side, Rv/Boat Parking, Rv/Boat Parking
Garage Spaces
2
School District
Tom Bean Isd
Elementary School
Tom Bean
Middle School
Tom Bean
High School
Tom Bean

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Haley Miller from PARAGON, REALTORS. Contact: 903-893-8174