Listed price in listed location currency (USD).
$225,000

530

MLS® 21335404

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3978 sqft
Garage 
Taxes $6,323
Days Active 0
Lot Size 1.48 Acres
Approx. Age 1910
Avg. Price Per Sqft $56
MLS® Number 21335404

Property Address: 4779 Sistrunk St, Sherman, TX, 75090-2267

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number21335404
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1910
Basement
DrivewayNo Garage
Garage Spaces
HeatSpace Heater
A/CWindow Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2026List Date
$225,000List Price
  • Commute

Commute

Starting Address
Destination Address
4779 Sistrunk St, Sherman, TX

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