1612 White Mound Road

What's special

• Fireplace
• Brick exterior
• Single story

MULTI-INCOME INVESTMENT OPPORTUNITY Rare opportunity to acquire a diversified income-producing property on 9.414 acres just minutes from Sherman. This unique asset combines established rental income with significant flexibility and value-add potential, making it an attractive opportunity for investors, owner-operators, or buyers looking to expand their real estate portfolio. The property features 11 established RV spaces, most of which are currently leased, along with a leased 2-bedroom, 1-bath apartment, providing immediate income from multiple sources. A 2,098-square-foot, 3-bedroom, 2-bath main residence offers another potential revenue stream if leased or the opportunity for an owner-operator to live on site. A separate office space with an attached shop or storage building adds another layer of versatility and may accommodate business operations, workspace, storage, or additional leasing opportunities. One of the property's greatest opportunities lies in the open back portion of the 9.414 acres. Currently utilized for hay production and benefiting from an agricultural exemption, this area provides substantial open space and flexibility for a future owner to envision how the property could evolve. Whether held as open acreage, continued in agricultural use, or evaluated for future improvements or expansion, the additional land creates valuable long-term upside and optionality, subject to applicable approvals and restrictions. With RV income, residential rental income, office or shop space, a main residence, and additional open acreage, this property offers a combination of existing cash flow and future potential that is difficult to replicate. Conveniently located near Sherman and positioned within the continued growth of North Texas, this is an opportunity to acquire an established income-producing asset with multiple revenue streams, usable acreage, expansion potential, and room to make the property your own.

Home facts

Overview

Price

$775,000

Price per sq ft

$369

Status

Active

Property type

Single Family Residence

Year built

1997

Condition

Resale

Style

Ranch, Traditional, Detached

Stories

1

Levels

One

Days on market

1

Bedrooms & bathrooms

Bedrooms

3

Full bathrooms

2

Living area

2,098 sq ft

Interior

Features

Built In Features, Pantry, Cable Tv, Walk In Closets

Appliances

Dishwasher, Electric Range, Electric Water Heater, Microwave

Flooring

Carpet, Laminate

Fireplaces

1 · Free Standing, Living Room, Wood Burning Stove

Heating

Electric, Fireplaces

Cooling

Central Air, Ceiling Fans, Electric

Security

Security System

Exterior & lot

Lot size

9.414 acres · 410,073.84 sq ft

Lot

Acreage, Agricultural

Exterior features

Rv Hookup, Storage

Roof

Composition

Foundation

Slab

Construction

Brick

Parking

Garage spaces

2 (attached)

Parking

Door Single, Garage, Garage Door Opener, Gravel, Garage Faces Side, Boat, Rv Access Parking

HOA & taxes

HOA

No

Annual property tax (per MLS)

$6,510

Utilities & efficiency

Utilities

Electricity Connected, Septic Available, Cable Available

Sewer

Aerobic Septic, Septic Tank

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

• ElementaryTom BeanTom Bean ISDRatings on GreatSchools
• MiddleTom BeanTom Bean ISDRatings on GreatSchools
• HighTom BeanTom Bean ISDRatings on GreatSchools

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.

Neighborhood & nearby

SHOCKEY HENRY subdivision · Sherman, TX 75090 · Grayson County

Finding parks, dining, and shopping nearby…

Street view