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For sale
  • $506,000

    111 Mitchell Rd, Sherman, TX 75090

    3beds
    1,886sqft
    : 
    $3,617/mo
    Get pre-qualified
    Single Family Residence
    Built in 2016
    1.77 Acres Lot
    $491,900 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    Storage shedCorner lotThree loafing stalls
    Under appraised value, price adjustment. Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. 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. 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!
    2 days
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    103
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    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah Newsome 0420676,

    Keller Williams Realty DPR 972-732-6000

    Source: NTREIS,MLS#: 21268617

      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: $268/sqft
      • Tax assessed value: $195,613
      • Annual tax amount: $3,304
      • Date on market: 7/27/2026
      • Cumulative days on market: 37 days
      • Exclusions: Deer mounts, art and furnishings in the one bedroom home. The antique dresser in the three bedroom home.

        Estimated market value

        $491,900

        $467,000 - $516,000

        $1,207/mo

        Price history

        DateEventPrice
        7/27/2026Listed for sale$506,000-8%$268/sqft
        Source: NTREIS #21268617 Report a problem
        6/25/2026Listing removed$550,000$292/sqft
        Source: NTREIS #21268617 Report a problem
        6/6/2026Price change$550,000-6.8%$292/sqft
        Source: NTREIS #21268617 Report a problem
        5/22/2026Listed for sale$589,900$313/sqft
        Source: NTREIS #21268617 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75090

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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