111 Mitchell Rd

Sherman, TX 75090

$506,000
Price
4
Beds
1,886 Sq. Ft.
$268 / Sq. Ft.
1,886
Sq. Ft.
$268
per Sq. Ft.
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New
New

Description

Price adjustment, just under appraisal. Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern...Price adjustment, just under appraisal. Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 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, potentially a garage, 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. 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! Only 1 property is for sale, this is a duplicate marketing entry.
  1. Listed by Deborah Newsome • TREC #0420676 • Keller Williams Realty DPR • 214-457-0983

Property Details for 111 Mitchell Road

Subdivision Name
Aaron Burleson Surv Abs #61
Pool
No
Number Of Parking Spaces
3
LISTING UPDATED: 08/03/2026 03:51 PM

Property Details for 111 Mitchell Road

StatusActive
MLS #21348400
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built2026
Lot Size1.77 AC / 77,101 SF
CountyGrayson County
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Location

Listing Courtesy of Keller Williams Realty DPR, Deborah Newsome
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Building Information for 111 Mitchell Road

Stories1Residences2Year Built2026Building Size-Lot Size1.77 AC / 77,101 SF

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$2,758 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,572

Property Taxes

$186

HOA Dues

$0

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Property Information for 111 Mitchell Road

Summary
Location and General Information
  • Complex Name: None
  • Directions: Please see GPS.
  • Elementary School: Percy W Neblett
  • Elementary School Name: Percy W Neblett
  • High School: Sherman
  • High School Name: Sherman
  • Middle School: Sherman
  • Senior Community Yes/No: No
  • Year Built Details: New Construction - Complete
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.64
  • Longitude: -96.55
  • State: Texas
Parking
  • Parking Features: Outside
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: G-0061 BURLESON AARON A-G0061, ACRES 1.77
  • Association Type: None
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Concrete
  • Heating: Central
  • Interior Features: Kitchen Island, Open Floorplan
  • Appliances: Dishwasher, Electric Cooktop, Microwave
  • Basement: No
  • Cooling: Electric
  • Living Area: 1886.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Appraiser
  • Construction Materials: Concrete, Metal Siding
  • Exterior Features: Covered Deck, Storage
  • Foundation Details: Other
  • Number Of Stories: 1
  • Roof: Metal
  • Waterfront Features: Creek
  • Waterfront: No
  • Horse Permitted: Yes
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: Co-op Water, Individual Water Meter, Septic
Property and Assessments
  • Accessory Unit Type: Accessory Dwelling Unit (ADU)
  • Accessory Unit: Yes
  • Accessory Unit Square Feet: 672
  • Exclusions: Deer mounts, art and furnishings in the one bedroom home. The antique dresser in the three bedroom home.
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Cleared, Corner Lot
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.77
  • Lot Size Area: 1.77
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 77101.2
  • Multi Parcel ID: No
  • Parcel Number: 388305
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00

Property History for 111 Mitchell Road

DateEvent & SourcePriceAppreciation
Aug 3, 2026

Listed (Active)

NTREIS #21348400

$506,000—
Jun 6, 2026

Price Change

NTREIS #21268617

$550,000—
May 12, 2026

Listed (Active)

NTREIS #21268617

$589,900—
DateEvent & SourcePrice
08/03/2026

Listed (Active)

NTREIS #21348400

$506,000
06/06/2026

Price Change

NTREIS #21268617

$550,000
05/12/2026

Listed (Active)

NTREIS #21268617

$589,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 111 Mitchell Road

Taxable ValueLand$104,731Additions$90,882Total$195,613
Tax Record2025$2,236 ($186 / month)
Home Facts
Beds0Total Finished SqFt672 SqFtAbove Grade Finished SqFt672 SqFtStories1Lot Size77,101 SqFtStyleSingle Family ResidenceYear Built2016Year Renovated2016CountyGRAYSONAPN388305

Schools near 111 Mitchell Road

This home is within Sherman Independent School District.
Rating
School
Type
Grades
Distance
Dillingham Elementary School
Public - K to 5
Piner Middle School
Public - 6 to 8
Sherman High School
Public - 9 to 12
Sherman Middle
Public - 6 to 8
Rating
School
Distance
Dillingham Elementary School
PublicK to 5

Piner Middle School
Public6 to 8

Sherman High School
Public9 to 12

Sherman Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 111 Mitchell Road, Sherman, TX 75090

111 Mitchell Road is a multi-family home for sale in Sherman, TX 75090. This property was listed for sale on August 3, 2026 by Keller Williams Realty DPR, it's currently listed at $506,000. This listing's school district is Sherman Independent School District. Nearby schools include Dillingham Elementary School, Piner Middle School and Sherman High School. 111 Mitchell Road is a 4-bed, 3-bath, 1,886 sqft multi-family home built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty DPR, Deborah Newsome

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 08/03/2026 03:51 PM