Investor Special with Endless Potential!
Opportunity awaits with this Investor Special situated on a fenced, over-sized corner lot in a convenient small-town location. Whether you’re looking for your next rental property, flip project, or affordable home to personalize, this property offers outstanding potential.
A detached shop provides the perfect space for a workshop, craft room, hobby area, or the ultimate man cave. Relax year-round in the sun-room or back porch overlooking the spacious backyard, where mature shade trees create a peaceful outdoor setting.
Conveniently located close to all schools, this property is also just 20 minutes from Lake Ray Roberts, where you’ll enjoy boating, fishing, beaches, and outdoor recreation. Commuters will appreciate being approximately 45 minutes from Frisco and only one hour from Dallas–Fort Worth International Airport.
Bring your vision and transform this property into something special. With a great location, over-sized lot, detached shop, and plenty of potential, this is an opportunity you won’t want to miss!
Property has potential mold in several locations, sellers have not had the property evaluated.
Sold
Price Unknown
503 Sherman St, Tioga, TX 76271
3beds
1,844sqft
Single Family Residence
Built in 1999
0.5 Acres Lot
$234,200 Zestimate®
$--/sqft
$2,021 Estimated rent
Home value
$234,200
$222,000 - $246,000
$2,021/mo
Zestimate® history
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List your homeWhat's special
Fenced over-sized corner lot
Zillow last checked:
Listing updated:
Listed by:
Michael Sanders 0639834 940-390-3934,
Ready Real Estate LLC 817-569-8200
Bought with:
Tabatha Polley, 0600097
KELLER WILLIAMS REALTY
Source: NTREIS,MLS#: 21320964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Second
- Dimensions: 12 x 14
Family room
- Level: First
- Dimensions: 12 x 16
Living room
- Level: First
- Dimensions: 12 x 14
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range
- Laundry: Washer Hookup, Dryer Hookup
Features
- High Speed Internet
- Flooring: Carpet, Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,844 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Driveway, Garage
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Pool features: None
- Fencing: Vinyl
Lot
- Size: 0.5 Acres
- Features: Acreage
- Residential vegetation: Grassed
Details
- Additional structures: Garage(s), Storage, Workshop
- Parcel number: 209265
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Mershons Add
HOA
- Has HOA: No
Location
- Region: Tioga
Financial & listing details
- Tax assessed value: $327,678
- Annual tax amount: $6,117
- Date on market: 7/3/2026
- Cumulative days on market: 56 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Sold | -- |
Source: NTREIS #21320964 Report a problem | ||
| 7/17/2026 | Contingent | $239,000$130/sqft |
Source: NTREIS #21320964 Report a problem | ||
| 7/3/2026 | Listed for sale | $239,000$130/sqft |
Source: NTREIS #21320964 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $995 | $281,756 +10% |
| 2024 | $995 | $256,142 +10% |
| 2023 | $995 -42.7% | $232,856 +10% |
| 2022 | $1,737 | $211,687 +10% |
| 2021 | $1,737 | $192,443 +0.4% |
| 2020 | -- | $191,643 +10% |
| 2019 | $1,737 | $174,221 +10% |
| 2018 | $1,737 +2% | $158,383 -7.4% |
| 2017 | $1,704 | $171,008 +26.8% |
| 2016 | $1,704 -6.5% | $134,847 -1.1% |
| 2015 | $1,822 | $136,354 +19.2% |
| 2014 | $1,822 | $114,349 +0.9% |
| 2013 | -- | $113,328 +12.7% |
| 2012 | -- | $100,578 -5.9% |
| 2011 | -- | $106,834 +0% |
| 2010 | -- | $106,819 -9.7% |
| 2009 | -- | $118,264 |
| 2008 | -- | $118,264 +41.2% |
| 2005 | -- | $83,744 -17.8% |
| 2004 | -- | $101,927 +7.8% |
| 2002 | -- | $94,518 +11.1% |
| 2001 | -- | $85,039 |
Find assessor info on the county website
Neighborhood: 76271
Nearby homes
- $238,900-- bd-- ba1.3k sqft501 Sherman St, Tioga, TX 76271Off Market
- $150,200-- bd-- ba1.2k sqft601 Sherman St, Tioga, TX 76271Off Market
- $--2 bd1 ba1.2k sqft303 N Lamar St, Tioga, TX 76271Sold
- $215,200-- bd2 ba1.4k sqft304 N Lamar St, Tioga, TX 76271Off Market
- $--2 bd1 ba912 sqft502 Sherman St, Tioga, TX 76271Sold
- $125,0002 bd1 ba1.1k sqft504 Sherman St, Tioga, TX 76271For Sale
- $287,200-- bd1 ba2k sqft500 Cutler St, Tioga, TX 76271Off Market
- $246,200-- bd-- ba1.4k sqft500 Sherman St, Tioga, TX 76271Off Market
Nearby schools
GreatSchools rating
- 7/10Tioga SchoolGrades: PK-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Tioga
- Middle: Tioga
- High: Tioga
- District: Tioga 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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Estimated market value
$234,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$234,200
- Texas
- Grayson County
- Tioga
- 76271
- 503 Sherman St
