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4779 Sistrunk Street, Sherman, Texas– $225,000
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  • $225k Price
  • 5 Beds
  • 3 Baths
  • 3,978 Sqft
  • 1.48 Acres
  • 1910 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $225k Price
  • 5 Beds
  • 3 Baths
  • 3,978 Sqft
  • 1.48 Acres
  • 1910 Year Built
  • Study
  • Game Room
  • Media
  • Pool

4779 Sistrunk Street
Sherman, Texas 75090-2267

County: Grayson Hilltop Estate Sub

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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$225,000
  • Est. Payment /m
  • MLS® #21335404
  • Bedrooms5
  • Bathrooms3.00
  • Square Footage3,978
  • Acres1.48
  • Year Built1910
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleBarndominium, Victorian
  • StatusActive
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Property Details

School Information

Community

Amenities

  • GaragesNo Garage

Interior

  • Interior FeaturesHigh Speed Internet Available, Kitchen Island, Walk-In Closet(s)
  • FloorsHardwood, Luxury Vinyl Plank, Tile
  • FireplacesNone

Exterior

  • FencePartial
  • Lot DescriptionCorner Lot

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths3
  • RoofComposition
  • FoundationPillar/Post/Pier
  • ConstructionWood

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingSpace Heater

Private Listing Information (Registration Required)

Listing Details

  • AgentEli Ersch
  • OfficeEasy Life Realty

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Listing information last updated on October 18th, 2026 at 1:45am CDT.