Sherman, TX 75090 1612 White Mound Road
$775,000



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Presented By: Compass RE Texas, LLC.
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Compass RE Texas, LLC.
Interior Features for 1612 White Mound Road
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Basement Y/NNo
Dining Areas1
Fireplace FeaturesFreestanding, Living Room, Wood Burning Stove
Fireplaces Total1
FlooringCarpet, Laminate
Interior FeaturesBuilt-in Features, Cable TV Available, Pantry, Walk-In Closet(s)
Living Areas2
Lock Box TypeSupra
Other Rooms
Room Count10
General for 1612 White Mound Road
AG ExemptionY
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
Architectural StyleRanch, Traditional
Carport Spaces
CitySherman
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric
CountyGrayson
DirectionsFrom 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.
Elementary SchoolTom Bean
Elementary School NameTom Bean
Full Baths2
HOA TypeNone
HeatingElectric, Fireplace(s)
High SchoolTom Bean
LevelsOne
Listing TermsCash, Conventional
Number of Garage Spaces2
Occupant TypeOwner
Pool Y/NNo
Possession30-60 Days
Property SubtypeSingle Family Residence
Property TypeResidential
RoofComposition
School DistrictTom Bean ISD
Security FeaturesSecurity System
Standard StatusActive
StatusActive
Subdivision NameSHOCKEY HENRY
Transaction TypeFor Sale
Unexempt Taxes6510
UtilitiesAerobic Septic, Electricity Connected, Outside City Limits, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built1997
Year Built DetailsPreowned
current useAgricultural
Exterior for 1612 White Mound Road
Attached Garage Y/NYes
Covered Spaces2
Exterior FeaturesRV Hookup, RV/Boat Parking, Storage
Foundation Slab
Garage Length19
Garage Width19
Garage Y/NYes
Lot FeaturesAcreage, Agricultural
Lot Size5 to < 10 Acres
Lot Size Acres9.4140
Lot Size Area9.4140
Lot Size Square Feet410073.8400
Lot Size UnitsAcres
Other StructuresRV/Boat Storage, Second Residence, Storage
Parking FeaturesGarage, Garage Door Opener, Garage Faces Side, Garage Single Door, Gravel
Structural StyleSingle Detached
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Tom Bean Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner

SQFT • 2,098