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$215,000
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Property Description
Completely renovated from top to bottom, this 3-bedroom home at 1516 E Peyton Street in Sherman, Texas has a brand-new foundation, new roof, updated plumbing, and modern finishes throughout, so the big-ticket work is already done. It sits on a sprawling 0.327-acre corner lot in Grayson County, with a backyard big enough to dream big: think weekend cookouts, garden beds, a play set, or even a future pool. Buyers will also love the built-in equity - this home is priced an incredible $37,000 below its Grayson County appraised value. The location seals the deal, with Walmart Supercenter and Sam's Club just a quick 7-10 minute drive away on US-75, putting everyday errands and shopping right at your fingertips. A fully updated home, a huge corner lot, and instant equity all in one package - opportunities like this don't last long in Sherman, TX. Schedule your private tour today!
Full Property Details
Full Property Details for 1516 E Peyton
General
- Price: $215,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21313049
- Updated: 6/29/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: High Speed Internet, Cable TV, Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log
- Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Asphalt, Door-Multi, Garage Faces Front, Garage, Garage Door Opener, Oversized
Location
- County: Grayson
- Subdivision: Highland Park 1st Add
- Driving Directions: GPS Friendly.
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Crutchfield
- Middle School: Sherman
- High School: Sherman
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 1,398 Sq. Ft.
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.327
- Lot Size (Sq. Ft.): 14,244.12
- Frontage: All Weather Road, Asphalt
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, See Agent, VA Loan
Disclosures and Reports
- Legal Description: HIGHLAND PARK 1ST ADDN, BLOCK 7, LOT 20 & N 2
- Property ID: 156725
- Block: 7
- Lot Number: 20
Listed by Monument Realty, Ethan Yonas and Monument Realty, Hai Hoang
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Schools
Schools serving 1516 E Peyton
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Dillingham Elementary School 1701 Gallagher Drive, Sherman, TX 75090 | K-5 | 0.9 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 1.5 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 4.7 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 1516 E Peyton
Date
Details
Price
Change
Source
6/29/2026
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1516 E Peyton
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,509
6%
$159,966
35%
2023
$3,313
44%
$118,792
-21%
2022
$2,301
—
$150,892
54%
2022
$2,301
7%
$98,175
11%
2021
$2,150
-6%
$88,302
-3%
2020
$2,282
-15%
$91,034
-9%
2018
$2,687
20%
$99,682
16%
2019
$2,246
-6%
$85,595
-10%
2017
$2,388
52%
$95,171
51%
2016
$1,571
10%
$63,121
10%
2015
$1,426
-5%
$57,383
-5%
2014
$1,506
—
$60,627
-1%
2013
$1,511
—
$61,414
—
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 1516 E Peyton
1516 E Peyton, Sherman, TX 75090 (MLS# 21313049) is a Single Family property with 3 bedrooms and 1 full bathroom. 1516 E Peyton is currently listed for $215,000 and was received on June 29, 2026. Want to learn more about 1516 E Peyton? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

