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About the Listing KELL01 - 0420676
Ranchette! 2 complete homes on 1.77 acres. Brand new barndo plus ADU. Rental income or in-laws. Outside city limits! Horses allowed. Two rental opportunities or multi-generational living on a corner lot. This inviting property perfectly balances modern design with suburban charm. 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. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern farmhouse touches. An additional 1-bedroom ADU (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, potentially a garage, and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to the city 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! ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Dishwasher, Electric Cooktop, Microwave
- Air Cond: Electric
- Heating: Central
- Fireplaces: 0
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Kitchen Island,Open Floorplan,ADU
- Water:
Exterior Details
- Lot Description: Acreage,Cleared,Corner Lot,1 to < 3 Acres,Creek
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Metal
- Others: Covered Deck,Storage,New Construction - Complete
- Sewer:
- Parking Features: Outside
Financial Details
- Tax Amount: $3,304
- Taxes w/Assessments: N/A
- Tax/Property ID: 388305
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
111 Mitchell Rd Sherman, TX 75090
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