1.77 Acres of Land for Sale in Sherman, TX
$506,000|Listed: May 12, 2026
MLS#685833498
111 Mitchell Road, Sherman, Grayson County, Texas
Status:Active
Property Type
- Farm
Acreage
1.77 acres
County
Grayson
Format
Sale
Description
Ranchette! 2 complete homes on 1.77 acres. Brand new barndo plus ADU. Rental income or in-laws. Outside city limits! Horses allowed. This property offers a unique cash-flow opportunity that standard valuations overlook. A main 3-bedroom home, new construction Barndominium 1214 sq ft., plus a completely independent ADU 1-bedroom, 672 sq ft built in 2016 complete with a full kitchen, living room, bedroom and bath with two vanities and tub. Plus a front porch tucked beneath a mature tree canopy on a corner lot. 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 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
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