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.
For sale
$239,000
503 Sherman St, Tioga, TX 76271
3beds
1,844sqft
Single Family Residence
Built in 1999
0.5 Acres Lot
$233,300 Zestimate®
$130/sqft
$-- HOA
What's special
Fenced over-sized corner lot
- 9 days |
- 419 |
- 35 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Sanders 0639834 940-390-3934,
Ready Real Estate LLC 817-569-8200
Source: NTREIS,MLS#: 21320964
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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
Video & virtual tour
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
- 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
- Price per square foot: $130/sqft
- Tax assessed value: $327,678
- Annual tax amount: $6,117
- Date on market: 7/3/2026
- Cumulative days on market: 10 days
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
$233,300
Estimated sales range
$222,000 - $245,000
Rent Zestimate®
$1,717/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $85,039 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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: 76271
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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- Texas
- Grayson County
- Tioga
- 76271
- 503 Sherman St