Sherman, TX 75090 4779 Sistrunk Street
$225,000



28 more




























Presented By: Easy Life Realty
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Easy Life Realty
Interior Features for 4779 Sistrunk Street
Bedrooms
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Basement Y/NNo
Dining Areas1
Fireplace FeaturesNone
Fireplaces Total0
FlooringHardwood, Luxury Vinyl Plank, Tile
Interior FeaturesHigh Speed Internet Available, Kitchen Island, Walk-In Closet(s)
Living Areas1
Lock Box TypeSee Remarks
Other Rooms
Room Count10
General for 4779 Sistrunk Street
Accessory Unit TypeAccessory Dwelling Unit (ADU)
Accessory Unit Y/NYes
AppliancesDishwasher, Electric Cooktop, Double Oven, Refrigerator
Architectural StyleBarndominium, Victorian
Carport Spaces
CitySherman
Construction MaterialsWood
CoolingWindow Unit(s)
CountyGrayson
DirectionsTake 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
Elementary SchoolPercy W Neblett
Elementary School NamePercy W Neblett
Full Baths3
HOA TypeNone
HeatingSpace Heater
High SchoolSherman
LevelsTwo
Listing TermsCash, Conventional
Occupant TypeOwner
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeSingle Family Residence
Property TypeResidential
RestrictionsNone
RoofComposition
School DistrictSherman ISD
Standard StatusActive
StatusActive
Subdivision NameHilltop Estate Sub
Transaction TypeFor Sale
Unexempt Taxes6323
UtilitiesCity Water, Electricity Connected, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1910
Year Built DetailsPreowned
Exterior for 4779 Sistrunk Street
Covered Spaces
FencingPartial
Foundation Pillar/Post/Pier
Garage Y/NNo
Lot FeaturesCorner Lot
Lot Size1 to < 3 Acres
Lot Size Acres1.4800
Lot Size Area1.4800
Lot Size Square Feet64468.8000
Lot Size UnitsAcres
Other StructuresGuest House, Residence
Parking FeaturesNo Garage
Structural StyleSingle Detached
VegetationGrassed, Partially Wooded
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Percy W Neblett Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner

SQFT • 3,978