Residential Income Property with
For Sale
$506,000
111 Mitchell Rd, Sherman, TX 75090
Two separate dwellings on a creek-side acreage parcel outside city limits, with equestrian improvements and independent living space.
Property Size1,886 SF
Lot Size1.77 Acres
Price / SF$268.29
Days on Market55
Property Features for 111 Mitchell Rd
General Information
Standard status
Active
Size
1,886 SF
Lot size
1.77 Acres
Property subtype
Farm
Units
Unit Mix
1 x 3-bedroom home, 1 x 1-bedroom ADU
Multifamily Units
3
Additional Details
Fenced Yard
Yes
Land Use
agricultural, residential
Amenities
three loafing stalls
storage shed
fencing
front porch
Building Details
Year Built
2026
Listing Agency:
Keller Williams Realty DPR
Listed By:
Deborah Newsome
(972) 732-6000
Source:
Divinerealtygrp
Added: Jul 15
Changed: Sep 7
Last Checked: Sep 7 at 3:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty DPR
Investment Insights
Based on property information with market context.
This residential income property includes two separate homes on a 1.77-acre creek lot outside city limits. The primary residence has three bedrooms, while the newer barndominium contains 1,214 square feet. A detached ADU adds 672 square feet with one bedroom, a full kitchen, living room, bathroom with two vanities and a tub, plus a front porch. The property also includes three loafing stalls, a storage shed and fencing, supporting its equestrian use.
Located at 111 Mitchell Rd in Sherman, the property is positioned near the Texas Instruments and GlobalWafers sites and provides access to expanding retail, industrial employment and Dallas-area destinations. Its combination of multiple living spaces, acreage and horse-related improvements supports residential occupancy with additional income potential.
Located at 111 Mitchell Rd in Sherman, the property is positioned near the Texas Instruments and GlobalWafers sites and provides access to expanding retail, industrial employment and Dallas-area destinations. Its combination of multiple living spaces, acreage and horse-related improvements supports residential occupancy with additional income potential.
Key Highlights
- Two separate homes on a 1.77‑acre creek lot
- Primary residence includes 3 bedrooms
- Barndominium contains 1,214 square feet
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 75090, TX
25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two separate dwellings on a creek-side acreage parcel outside city limits, with equestrian improvements and independent living space.
Where is this residential income property located?
The property is located at 111 Mitchell Rd Sherman, TX.
What is the asking price?
The asking price for this property is $506,000.
What are key features of this property?
This property features: Two separate homes on a 1.77‑acre creek lot; Primary residence includes 3 bedrooms; Barndominium contains 1,214 square feet
