A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. A multi-generational retreat or income-producing opportunity on a nearly two acre corner lot. Two cottages located in the heart of the Sherman tech corridor. This inviting property perfectly balances modern design with suburban charm. The 3-bedroom Barndominium (1214 sq ft.) is just completed with modern farmhouse touches. An additional 1-bedroom Texas cottage (672 sq ft built in 2016) boasts a full kitchen and bath with dual vanities and tub and a front porch tucked beneath a mature tree canopy. Make it a private mother-in-law suite, home office, or a steady rental stream to capitalize on the area's soaring housing demand. Equipped with three loafing stalls, a storage shed and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to city amenities 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. This property offers a unique cash-flow opportunity that standard valuations overlook. Comps do not reflect the rental income generated by the second home. A savvy investment in the direct path of progress!
For sale
$589,900
111 Mitchell Rd, Sherman, TX 75090
3beds
1,886sqft
Est.:
Single Family Residence
Built in 2016
1.77 Acres Lot
$566,200 Zestimate®
$313/sqft
$-- HOA
What's special
Modern farmhouse touchesStorage shedThree loafing stalls
- 4 days |
- 134 |
- 5 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Deborah Newsome 0420676,
Keller Williams Realty DPR 972-732-6000
Source: NTREIS,MLS#: 21268617
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 12 x 12
Living room
- Level: First
- Dimensions: 15 x 14
Appliances
- Included: Dishwasher, Electric Cooktop, Microwave
Features
- Kitchen Island, Open Floorplan
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,886 sqft
Video & virtual tour
Property
Parking
- Parking features: Outside
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 1.77 Acres
Details
- Parcel number: 388305
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Barndominium,Detached
- Property subtype: Single Family Residence
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
- Utilities for property: Septic Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: Aaron Burleson Surv Abs #61
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $195,613
- Annual tax amount: $3,304
- Date on market: 5/22/2026
- Exclusions: Deer mounts, art and furnishings in the one bedroom home. The antique dresser in the three bedroom home.
Estimated market value
$566,200
$538,000 - $595,000
$1,381/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $589,900$313/sqft |
Source: NTREIS #21268617 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,236 -35% | $195,613 -3.9% |
| 2024 | $3,439 +16.2% | $203,629 +16.3% |
| 2023 | $2,961 +5.7% | $175,071 +17.4% |
| 2022 | $2,801 | $149,185 +116.9% |
| 2021 | -- | $68,783 +9.9% |
| 2020 | -- | $62,569 +13.3% |
| 2019 | $1,182 | $55,223 +6.5% |
| 2018 | -- | $51,862 +34% |
| 2017 | -- | $38,706 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 75090
Nearby schools
GreatSchools rating
- 3/10Dillingham Elementary SchoolGrades: K-5Distance: 3.8 mi
- 4/10Sherman MiddleGrades: 6-8Distance: 2.1 mi
- 5/10Sherman High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- Elementary: Percy W Neblett
- Middle: Sherman
- High: Sherman
- District: Sherman ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Grayson County
- Sherman
- 75090
- 111 Mitchell Rd




