Investor Opportunity with Immediate Cash Flow and Value-Add Potential in Sherman, TX! Discover the investment potential at 4779 Sistrunk Road, a 1.48-acre income-producing property offering multiple revenue streams and significant upside. The property currently generates $1,200 per month in rental income from a mobile home leased for $750 per month and an RV hookup rented for $450 per month, providing immediate cash flow while you execute your investment strategy.
The centerpiece of the property is a nearly 4,000-square-foot Victorian-style home ready for renovation. With its impressive size, timeless architecture, and restoration potential, the home presents an excellent opportunity for a fix-and-flip project, long-term rental conversion, or owner-occupied renovation with built-in supplemental rental income.
Whether you're searching for an income-producing property, fix-and-flip opportunity, value-add investment, or multi-income real estate in Sherman, this property offers the flexibility investors are looking for. Continue collecting rental income during renovations, expand your investment portfolio, or unlock additional value through updates and improvements. Opportunities combining current cash flow with substantial appreciation potential are becoming increasingly difficult to find in the Sherman market.
This offering was previously marketed as part of an approximately 2.47-acre tract, but the owners have elected to subdivide the property, allowing the new owner to retain the approximately 1.48-acre portion featuring all of the existing income-producing improvements. By keeping the mobile home rental and RV hookup with the Victorian residence, this configuration provides the rare opportunity to acquire a property that combines immediate cash flow with substantial value-add and renovation potential, making it an attractive investment in today's market.
For sale
$225,000
4779 Sistrunk St, Sherman, TX 75090
5beds
3,978sqft
Single Family Residence
Built in 1910
1.48 Acres Lot
$-- Zestimate®
$57/sqft
$-- HOA
What's special
- 50 days
- 1,053
- 81
Zillow last checked:
Listing updated:
Listed by:
Eli Ersch 0742003 903-224-5171,
Easy Life Realty 903-224-5171
Source: NTREIS,MLS#: 21335404
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: Second
- Dimensions: 0 x 0
Bedroom
- Level: Second
- Dimensions: 0 x 0
Bedroom
- Level: Second
- Dimensions: 0 x 0
Primary bathroom
- Level: First
- Dimensions: 0 x 0
Other
- Level: First
- Dimensions: 0 x 0
Other
- Level: Second
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Utility room
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Heating
- Space Heater
Cooling
- Window Unit(s)
Appliances
- Included: Double Oven, Dishwasher, Electric Cooktop, Refrigerator
Features
- High Speed Internet, Kitchen Island, Walk-In Closet(s)
- Flooring: Hardwood, Luxury Vinyl Plank, Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 3,978 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Partial
Lot
- Size: 1.48 Acres
- Features: Corner Lot
- Residential vegetation: Grassed, Partially Wooded
Details
- Additional structures: Guest House, Residence
- Parcel number: 154371
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Barndominium,Victorian,Detached
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Hilltop Estate Sub
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $394,883
- Annual tax amount: $6,323
- Date on market: 7/20/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$3,023/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $225,000-35.7%$57/sqft |
Source: NTREIS #21335404 Report a problem | ||
| 2/10/2026 | Listing removed | $350,000$88/sqft |
Source: NTREIS #20963245 Report a problem | ||
| 8/14/2025 | Listed for sale | $350,000$88/sqft |
Source: NTREIS #20963245 Report a problem | ||
| 8/4/2025 | Pending sale | $350,000$88/sqft |
Source: NTREIS #20963245 Report a problem | ||
| 7/29/2025 | Contingent | $350,000$88/sqft |
Source: NTREIS #20963245 Report a problem | ||
| 6/9/2025 | Listed for sale | $350,000+16.7%$88/sqft |
Source: NTREIS #20963245 Report a problem | ||
| 10/27/2023 | Listing removed | -- |
Source: NTREIS #20423228 Report a problem | ||
| 9/13/2023 | Price change | $299,900-7.7%$75/sqft |
Source: NTREIS #20423228 Report a problem | ||
| 9/3/2023 | Listed for sale | $325,000-15.6%$82/sqft |
Source: NTREIS #20423228 Report a problem | ||
| 8/30/2023 | Listing removed | -- |
Source: NTREIS #20297663 Report a problem | ||
| 7/25/2023 | Price change | $385,000+177%$97/sqft |
Source: NTREIS #20297663 Report a problem | ||
| 7/14/2023 | Price change | $139,000-68%$35/sqft |
Source: NTREIS #20380787 Report a problem | ||
| 6/25/2023 | Price change | $435,000-20.2%$109/sqft |
Source: NTREIS #20297663 Report a problem | ||
| 5/13/2023 | Price change | $545,000-0.9%$137/sqft |
Source: NTREIS #20297663 Report a problem | ||
| 4/10/2023 | Listed for sale | $550,000$138/sqft |
Source: NTREIS #20297663 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,072 -26.5% | $394,883 +5.5% |
| 2024 | $4,182 +25% | $374,334 +26.4% |
| 2023 | $3,346 | $296,101 +18.6% |
| 2022 | -- | $249,617 +22.8% |
| 2021 | $3,677 | $203,297 +11.8% |
| 2020 | -- | $181,851 -3% |
| 2019 | $4,013 +65.2% | $187,465 +32.9% |
| 2018 | $2,429 +152% | $141,106 +21.3% |
| 2017 | $964 | $116,351 +10.4% |
| 2016 | $964 -13% | $105,379 -2% |
| 2015 | $1,108 | $107,498 |
| 2014 | $1,108 | $107,498 -0.1% |
| 2013 | -- | $107,563 |
| 2012 | -- | $107,563 -11.6% |
| 2011 | -- | $121,645 -6.2% |
| 2010 | -- | $129,729 0% |
| 2008 | -- | $129,775 0% |
| 2007 | -- | $129,798 +26.6% |
| 2006 | -- | $102,565 -1.7% |
| 2005 | -- | $104,292 |
| 2004 | -- | $104,292 +5.6% |
| 2002 | -- | $98,777 +99.9% |
| 2001 | -- | $49,416 |
| 2000 | -- | $49,416 |
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.Climate risks
Neighborhood: 75090
Nearby schools
Schools provided by the listing agent
- Elementary: Percy W Neblett
- Middle: Piner
- 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.



