3 Beds
2 Baths
2,098 SqFt
3 Beds
2 Baths
2,098 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Option Contract
Purchase Type For Sale
Square Footage 2,098 sqft
Subdivision Shockey Henry
MLS Listing ID 21319179
Style Ranch,Traditional
Bedrooms 3
Full Baths 2
HOA Y/N None
Year Built 1997
Annual Tax Amount $6,510
Lot Size 9.414 Acres
Acres 9.414
Property Sub-Type Single Family Residence
Property Description
Discover an exceptional opportunity to own a versatile, income-producing property just minutes from Sherman. This unique estate offers the perfect combination of country living, business flexibility, and strong investment potential.
The property features a well-maintained 2,098-square-foot main home with 3 bedrooms and 2 bathrooms, ideal for an owner-occupant or additional rental income. Also included is a 2-bedroom, 1-bath apartment that is currently leased, along with an office space and an attached shop or storage building, making it ideal for a home-based business, workshop, or additional workspace.
Adding to the property's impressive cash flow are 11 established RV spaces, most of which are currently rented, providing consistent monthly income. The back portion of the property benefits from an agricultural exemption with hay production, helping keep property taxes low while preserving the open country setting.
Whether you're searching for a multi-generational property, an owner-occupied investment, or a turnkey income-producing asset, this property offers incredible flexibility. Current rental income from the apartment and RV park creates immediate cash flow, with the opportunity to further increase revenue by leasing the main residence.
Conveniently located with easy access to Sherman while offering the privacy and space of country living, this is a one-of-a-kind opportunity to live, work, and grow—all on one property.
Location
State TX
County Grayson
Direction From Hwy 75, take FM 902 east. Turn right onto White Mound Rd. Continue approximately 1.6 miles. Property is located on the right at 1612 White Mound Rd.
Rooms
Dining Room 1
Interior
Interior Features Built-in Features, Cable TV Available, Pantry, Walk-In Closet(s)
Heating Electric, Fireplace(s)
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Laminate
Fireplaces Number 1
Fireplaces Type Freestanding, Living Room, Wood Burning Stove
Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Heat Source Electric, Fireplace(s)
Laundry Electric Dryer Hookup, In Garage, Dryer Hookup, Washer Hookup
Exterior
Exterior Feature RV Hookup, RV/Boat Parking, Storage
Garage Spaces 2.0
Utilities Available Aerobic Septic, Electricity Connected, Outside City Limits, Septic
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Lot Description Acreage, Agricultural
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Tom Bean
Middle Schools Tom Bean
High Schools Tom Bean
School District Tom Bean Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21319179
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