Date
Details
Price
Change
Source
8/03/2026
Listed
$506,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$506,000
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1/18
Property Description
Ranchette! 2 complete homes on a 1.77 acre corner creek lot. Brand new barndo plus ADU. Rental income or in-laws. Outside city limits! Horses allowed. Two rental opportunities or multi-generational living. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern farmhouse touches. An additional 1-bedroom ADU (672 sq ft built in 2016) boasts a full kitchen and bath with dual vanities and tub and a front porch tucked beneath a mature tree canopy. Make it a private mother-in-law suite, home office, or a steady rental stream to capitalize on the area's soaring housing demand. Equipped with three loafing stalls, a storage shed, potentially a garage, and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to the city and the new Texas Instruments & GlobalWafers sites. Families will appreciate the rapidly modernizing Sherman ISD, featuring a recent high school, three new elementary schools, and a state-of-the-art athletic stadium. Enjoy easy access to Dallas, expanding retail, and top-tier industrial job opportunities. This property offers a unique cash-flow opportunity that standard valuations overlook. Comps do not reflect the rental income generated by the second home. A savvy investment in the direct path of progress! ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.
Full Property Details
Full Property Details for 111 Mitchell Rd
General
- Price: $506,000
- Taxes: $3,304
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21348400
- Updated: 8/19/2026
- Added to Site: 22 day(s) ago
Interior
- Interior Features: Kitchen Island, Open Floorplan
- Appliances: Dishwasher, Electric Cooktop, Microwave
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Deck, Storage
- Porch/Patio/Deck: Covered, Deck
Parking
- Total Spaces: 3
- Parking Features: Outside
Location
- County: Grayson
- Subdivision: Aaron Burleson Surv Abs #61
- Driving Directions: Please see GPS.
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Percy W Neblett
- Middle School: Sherman
- High School: Sherman
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Septic Available, Separate Meters, Water Available
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Metal Siding, Concrete
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 1,886
- Sq. Ft. Source: Appraiser
- Living Area: 1,886 Sq. Ft.
- Year Built: 2026
- Property Condition: New Construction
Lot Features
- Lot Size (Acres): 1.77
- Lot Size (Sq. Ft.): 77,101.2
- Lot Size Source: Public Records
- Lot Features: Acreage, Cleared, Corner Lot
Water Features
- Water Front Desc.: Creek
Financial Considerations
- Tax Amount: $3,304
Disclosures and Reports
- Legal Description: G-0061 BURLESON AARON A-G0061, ACRES 1.77
- Exclusions: Deer mounts, art and furnishings in the one bedroom home. The antique dresser in the three bedroom home.
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 388305
Listed by Keller Williams Realty DPR, Deborah Newsome
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 111 Mitchell Rd —
Deborah Newsome
Keller Williams Realty DPR
214-457-0983
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 111 Mitchell Rd
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Dillingham Elementary School 1701 Gallagher Drive, Sherman, TX 75090 | K-5 | 3.9 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 2.1 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Mitchell Rd
Tax History
Tax History for 111 Mitchell Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,236
-24%
$195,613
-4%
2023
$2,961
6%
$203,629
16%
2022
$2,801
100%
$175,071
17%
2021
100%
$149,185
117%
2020
100%
$68,783
10%
2015
-100%
$62,569
13%
2019
$1,182
—
$55,223
6%
2018
$1,179
46%
$51,862
34%
2017
$808
—
$38,706
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 Mitchell Rd
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111 Mitchell Road, Sherman, TX 75090 (MLS# 21348400) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 111 Mitchell Road is currently listed for $506,000 and was received on August 03, 2026. Want to learn more about 111 Mitchell Road? Do you have questions about finding other Multi-Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.