Texas Ranchette! ASK ABOUT 100% FINANCING! 2 complete homes on a 1.77 acre corner creek lot. The main home is a new construction barndo 3 bedroom, 1214 sq ft. PLUS a guest cottage one-bedroom, full kitchen, bedroom and bath with dual vanities and a tub. 672 sq ft and a front porch nestled under a canopy of trees. Rental income or in-laws. Outside city limits! Horses allowed. This property offers a unique cash-flow opportunity that standard valuations overlook. Plus a front porch tucked beneath a mature tree canopy. 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 sq ft or 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. THIS IS A DUPLICATE MARKETING ENTRY.THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.
Multi-familyProperty Type
2026Year Built
1.77 acresLot Size
$268Price/Sq.Ft.
3 spacesParking
Listed by Deborah Newsome• Keller Williams Realty DPR
Texas Ranchette! ASK ABOUT 100% FINANCING! 2 complete homes on a 1.77 acre corner creek lot. The main home is a new construction barndo 3 bedroom, 1214 sq ft. PLUS a guest cottage one-bedroom, full kitchen, bedroom and bath with dual vanities and a tub. 672 sq ft and a front porch nestled under a canopy of trees. Rental income or in-laws. Outside city limits! Horses allowed. This property offers a unique cash-flow opportunity that standard valuations overlook. Plus a front porch tucked beneath a mature tree canopy. 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 sq ft or 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.
Public Records
Jun 4, 2025
Sold
*
Public Records
Apr 24, 2020
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$6,671 (+101.9%)
$104,739 + $290,259
$394,998
2025
$3,304 (−3.9%)
$104,731 + $90,882
$195,613
2024
$3,439 (+4.6%)
$107,120 + $96,509
$203,629
2023
$3,287 (+17.4%)
$105,881 + $69,190
$175,071
2022
$2,801 (+108.8%)
$83,721 + $65,464
$149,185
2021
$1,342 (+6.0%)
$46,162 + $22,621
$68,783
2020
$1,265 (+7.0%)
$37,531 + $25,038
$62,569
2019
$1,182 (+0.2%)
$30,156 + $25,067
$55,223
2018
$1,179 (+45.9%)
$25,594 + $26,268
$51,862
2017
$808
$38,706
Public record
Beds
—
Baths
—
Stories
—
Lot width
152 ft.
Lot depth
317 ft.
Lot size
1.77 Acres
Year renovated
2016
Finished Sq. Ft.
592
Unfinished Sq. Ft.
—
Total Sq. Ft.
592
Year built
2016
Style
Single Family Residential
County
Grayson County
APN
000000388305
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
4/10 Wind Factor
24% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Sherman, TX • 75090
Average low and high temperatures (°F)
53
32
63
40
75
52
76
59
82
63
90
74
95
76
92
73
88
67
84
61
70
50
61
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Sherman. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 111 Mitchell Rd
$498,904
$7,096 under list price of $506K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $219K to $699K.