Address
1612 White Mound Road, Sherman, TX
Price
$ 799,000
Property Attributes
- MLS#21319179
- TypeSingle Family
- Listing Status Active
- CountyGRAYSON
- CitySherman
- NeighborhoodShockey Henry
- Zip75090
- StyleRanch,Traditional
- Year Built1997
- Taxes$ 6510
- Price$ 799,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2098
- Lot Size9.414 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
MULTI-INCOME INVESTMENT OPPORTUNITY Rare opportunity to acquire a diversified income-producing property on 9.414 acres just minutes from Sherman. This unique asset combines established rental income with significant flexibility and value-add potential, making it an attractive opportunity for investors, owner-operators, or buyers looking to expand their real estate portfolio. The property features 11 established RV spaces, most of which are currently leased, along with a leased 2-bedroom, 1-bath apartment, providing immediate income from multiple sources. A 2,098-square-foot, 3-bedroom, 2-bath main residence offers another potential revenue stream if leased or the opportunity for an owner-operator to live on site. A separate office space with an attached shop or storage building adds another layer of versatility and may accommodate business operations, workspace, storage, or additional leasing opportunities. One of the property's greatest opportunities lies in the open back portion of the 9.414 acres. Currently utilized for hay production and benefiting from an agricultural exemption, this area provides substantial open space and flexibility for a future owner to envision how the property could evolve. Whether held as open acreage, continued in agricultural use, or evaluated for future improvements or expansion, the additional land creates valuable long-term upside and optionality, subject to applicable approvals and restrictions. With RV income, residential rental income, office or shop space, a main residence, and additional open acreage, this property offers a combination of existing cash flow and future potential that is difficult to replicate. Conveniently located near Sherman and positioned within the continued growth of North Texas, this is an opportunity to acquire an established income-producing asset with multiple revenue streams, usable acreage, expansion potential, and room to make the property your own.
| Elementary School |
|---|
| Tom Bean Elementary School |
| Price History | |
|---|---|
| 7/3/2026 | Listed $799,000 |
General Features
| Heating | Electric,Fireplace(s) |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Aerobic Septic,Electricity Connected,Outside City Limits,Septic |
| Possession | 30-60 Days |
| Roof | Composition |
| Appliances | Dishwasher,Electric Range,Electric Water Heater,Microwave |
| current use | Agricultural |
| Number of Garage Spaces | 2 |
| School District | Tom Bean ISD |
| Year Built | 1997 |
| Architectural Style | Ranch,Traditional |
| Levels | One |
| AG Exemption | Yes |
| Unexempt Taxes | 6510 |
| Will Subdivide | Yes |
| Property Subtype | Single Family Residence |
| Subdivision Name | SHOCKEY HENRY |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| County | Grayson |
| Property Type | Residential |
| Security Features | Security System |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| HOA Type | None |
| Full Baths | 2 |
| Status | Active |
| Directions | From Hwy 75,take FM 902 east. Turn right onto White Mound Rd. Continue approximately 1.6 miles. Property is located on the right at 1612 White Mound Rd. |
| City | Sherman |
| Elementary School Name | Tom Bean |
| High School | Tom Bean |
| Elementary School | Tom Bean |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21319179 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Built-in Features,Cable TV Available,Pantry,Walk-In Closet(s) |
|---|---|
| Flooring | Carpet,Laminate |
| Fireplace Features | Freestanding,Living Room,Wood Burning Stove |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 2 |
| Room Count | 10 |
| Lock Box Type | Supra |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Laundry Features | Electric Dryer Hookup,In Garage,Dryer Hookup,Washer Hookup |
Exterior Features
| Exterior Features | RV Hookup,RV/Boat Parking,Storage |
|---|---|
| Lot Features | Acreage,Agricultural |
| Garage Length | 19 |
| Garage Width | 19 |
| Other Structures | RV/Boat Storage,Second Residence,Storage |
| Parking Features | Garage,Garage Door Opener,Garage Faces Side,Garage Single Door,Gravel |
| Lot Size | 5 to < 10 Acres |
| Covered Spaces | 2 |
| Foundation | Slab |
| Lot Size Area | 9.4140 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 410073.8400 |
| Lot Size Acres | 9.4140 |
| Patio And Porch Features | Front Porch |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75090
Price
Taxes
Year Built
Visits
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