4779 Sistrunk Street

Sherman, TX
$ 225,000 Beds 5 Baths 3 Sq 3,978 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 225,000
  • City
  • Sherman
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 1.48 Acres
  • Zip
  • 75090
  • Sqr Footage
  • 3,978
  • Year Built
  • 1910
  • Taxes
  • $ 6323
  • Style
  • Barndominium,Victorian
  • MLS#
  • 21335404
Listed By: Easy Life Realty
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Space Heater
Cooling Window Unit(s)
Utilities City Water,Electricity Connected,Septic
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Electric Cooktop,Double Oven,Refrigerator
Restrictions None
School District Sherman ISD
Year Built 1910
Architectural Style Barndominium,Victorian
Levels Two
Unexempt Taxes 6323
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Hilltop Estate Sub
Transaction Type For Sale
Occupant Type Owner
County Grayson
Property Type Residential
Construction Materials Wood
Year Built Details Preowned
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit Y/N Yes
HOA Type None
Full Baths 3
Status Active
Directions Take Highway 82 in Sherman and head east. Turn right onto FM 1417 South and continue for several miles. Turn left onto Plainview Road and follow it until you reach Sistrunk Road. Turn right onto Sist
City Sherman
Elementary School Name Percy W Neblett
High School Sherman
Elementary School Percy W Neblett
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21335404
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features High Speed Internet Available,Kitchen Island,Walk-In Closet(s)
Flooring Hardwood,Luxury Vinyl Plank,Tile
Fireplace Features None
Dining Areas 1
Living Areas 1
Room Count 10
Lock Box Type See Remarks
Total Bedrooms 5
Total Baths 3

Exterior Features

Lot Features Corner Lot
Vegetation Grassed,Partially Wooded
Fencing Partial
Other Structures Guest House,Residence
Parking Features No Garage
Lot Size 1 to < 3 Acres
Foundation Pillar/Post/Pier
Lot Size Area 1.4800
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 64468.8000
Lot Size Acres 1.4800

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Percy W Neblett Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/20/2026 Listed $225,000

Property vs Zip Code Average in 75090

Price
AVG $340K
$230K
Taxes
AVG $5,486
$6,323
Year Built
AVG 1988
1910
Visits
AVG 199
16
Data Provided by Inside Real Estate®

Areas That We Cover

4779 Sistrunk Street Sherman, TX is a Single Family Home for sale at $225000 with 3978 sqft and a lot size of 1.48 Acres Acre(s). 4779 Sistrunk Street Sherman has 5 bedrooms, 3 baths and was built in 1910. The property's zip code is 75090 which is in Sherman, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Rachael Roberts

Rachael Roberts

254-235-5015

Find your home's value