For sale

$280,000

603 E Thomas St, Sherman, TX 75090

2beds

994sqft

$2,038/mo

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Single Family Residence

Built in 1901

0.56 Acres Lot

$-- Zestimate^®

$282/sqft

$-- HOA

What's special

Small detached garageNew mini splitRecently replaced roof

Investor Special or Mechanic’s Dream! This 2-bedroom, 1-bath home sits on just over half an acre and offers excellent potential. Featuring newer upgrades including two-year-old siding and a recently replaced roof, has a new Mini split installed 2 months ago. All the appliances will go except the gas range. The home also includes a small, detached garage with a carport for additional covered parking. The standout feature is the 35’ x 25’ workshop equipped with two 8-foot roll-up doors, ideal for a mechanic, auto body shop, hobbyist, or storage needs. The property spans across three lots, offering development potential—perfect for an investor looking to build additional units or expand. Currently leased at $700-month, with flexibility depending on the terms of the sale—either continue with the existing tenant or have the home delivered vacant. Don’t miss this opportunity to own a property with income potential and room to grow!

433 days
57
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Closet Cabinetry, Ceiling Fan(s), Walk-In Closet(s)
Level: First
Dimensions: 14 x 14

Bedroom

Features: Ceiling Fan(s)
Level: First
Dimensions: 14 x 14

Other

Level: First
Dimensions: 10 x 6

Kitchen

Features: Built-in Features
Level: First
Dimensions: 14 x 14

Living room

Features: Ceiling Fan(s)
Level: First
Dimensions: 14 x 14

Heating

Other

Cooling

Ceiling Fan(s), Wall Unit(s), Wall/Window Unit(s)

Appliances

Included: Electric Range, Electric Water Heater
Laundry: Washer Hookup, Electric Dryer Hookup, In Hall, In Kitchen

Features

Cable TV, Walk-In Closet(s)
Flooring: Luxury Vinyl Plank
Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 994 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Driveway, Gravel
Garage spaces: 1
Carport spaces: 2

Features

Levels: One
Stories: 1
Pool features: None
Fencing: Chain Link

Lot

Size: 0.56 Acres

Details

Parcel number: 163946

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional,Detached
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition,Shingle

Condition

Year built: 1901

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Elliotts W Add

HOA

Has HOA: No

Location

Region: Sherman

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $186,601
Annual tax amount: $3,799
Date on market: 6/27/2025
Cumulative days on market: 434 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,165/mo

Price history

Date	Event	Price
6/27/2025	Listed for sale	$280,000$282/sqft
Source: NTREIS #20982326 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,093 +7.7%	$186,601 +7.7%
2024	$3,799	$173,218 -1.6%
2023	--	$176,020 +18.9%
2022	$3,469 +88.7%	$148,029 +110%
2021	$1,838	$70,481 -3.9%
2020	--	$73,339 +17.1%
2019	$1,644 +57.6%	$62,622 +19.2%
2018	$1,043 +14.5%	$52,541 +26.4%
2017	$911	$41,575 +9%
2016	$911 +5.7%	$38,139 +4%
2015	$862	$36,662 +5.7%
2014	$862	$34,684 +17.6%
2013	--	$29,481 -5.2%
2012	--	$31,104 -12%
2011	--	$35,333 -0.3%
2010	--	$35,424 -9.1%
2009	--	$38,988
2008	--	$38,988
2007	--	$38,988
2006	--	$38,988 +10.7%
2005	--	$35,210 -12.3%
2004	--	$40,161 -0.2%
2002	--	$40,225 +10%
2001	--	$36,568 +13.8%
2000	--	$32,144