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Rough estimate — a quick conversation with James dials in the real number.
Automated range from 15 comparable homes currently listed in ZIP 75090 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.
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.
Courtesy of Easy Life Realty — listing agent Eli Ersch
Contact the listing firm: 903-224-5171 · brad@easyliferealty.com
Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.
School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.
Hilltop Estate Sub subdivision · Sherman, TX 75090 · Grayson County
Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.
