1612 White Mound RD Sherman, TX 75090
3 Beds
2 Baths
2,098 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,098 sqft
Price per Sqft $380
Subdivision Shockey Henry
MLS Listing ID 21319179
Style Ranch,Traditional,Detached
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1997
Annual Tax Amount $6,510
Lot Size 9.414 Acres
Acres 9.414
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Grayson
Direction 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.
Rooms
Other Rooms Second Residence, RV/Boat Storage, Storage
Interior
Interior Features Built-in Features, Pantry, Cable TV, Walk-In Closet(s)
Heating Electric, Fireplace(s)
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Carpet, Laminate
Fireplaces Number 1
Fireplaces Type Free Standing, Living Room, Wood Burning Stove
Fireplace Yes
Appliance Dishwasher, Electric Range, Electric Water Heater, Microwave
Laundry Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Garage
Exterior
Exterior Feature RV Hookup, Storage
Parking Features Door-Single, Garage, Garage Door Opener, Gravel, Garage Faces Side, Boat, RV Access/Parking
Garage Spaces 2.0
Pool None
Utilities Available Electricity Connected, Septic Available, Cable Available
Roof Type Composition
Present Use Agricultural
Porch Front Porch
Garage Yes
Private Pool No
Building
Lot Description Acreage, Agricultural
Dwelling Type House
Foundation Slab
Sewer Aerobic Septic, Septic Tank
Level or Stories One
Additional Building Second Residence, RV/Boat Storage, Storage
Schools
Elementary Schools Tom Bean
Middle Schools Tom Bean
High Schools Tom Bean
School District Tom Bean Isd
Others
Tax ID 130331
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21319179