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$799,000
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Property Description
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.
Full Property Details
Full Property Details for 1612 Whitemound Rd
General
- Price: $799,000
- Taxes: $6,510
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21319179
- Updated: 8/11/2026
- Added to Site: 54 day(s) ago
Interior
- Interior Features: Built-in Features, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Free Standing, Living Room, Wood Burning Stove
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Garage
Additional Information
- Security/Safety: Security System
Exterior
- Exterior Features: RV Hookup, Storage
- Porch/Patio/Deck: Front Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Single, Garage, Garage Door Opener, Gravel, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Grayson
- Subdivision: SHOCKEY HENRY
- Driving Directions: From 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.
School Information
- Elem School District: Tom Bean ISD
- Midd School District: Tom Bean ISD
- High School District: Tom Bean ISD
- Elementary School: Tom Bean
- Middle School: Tom Bean
- High School: Tom Bean
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Electric, Fireplace(s)
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Cable Available: Yes
- Utility Description: Electricity Connected, Septic Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,098 Sq. Ft.
- Current Bldg. Use: Agricultural
- Year Built: 1997
Additional Structures
- Other Structures: Second Residence, RV/Boat Storage, Storage
Lot Features
- Lot Size (Acres): 9.414
- Lot Size (Sq. Ft.): 410,073.84
- Lot Features: Acreage, Agricultural
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,510
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: G-1074 SHOCKEY HENRY A-G1074, ACRES 9.414
- Property ID: 130331
Listed by Paragon, Realtors, Haley Miller
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Schools
Schools serving 1612 Whitemound Rd
School District:Tom Bean Independent School District
| Name | Grades | Distance |
|---|---|---|
Tom Bean Elementary School 105 Eubanks Street, Tom Bean, TX 75489 | PK-5 | 1.8 mi |
Tom Bean Middle School 289 Franklin Rd, Tom Bean, TX 75489 | 6-8 | 1.4 mi |
Tom Bean High School 7719 Texas 11, Tom Bean, TX 75489 | 9-12 | 1.3 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 1612 Whitemound Rd
Date
Details
Price
Change
Source
7/03/2026
Listed
$799,000
—
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 1612 Whitemound Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,507
10%
$473,450
-33%
2023
$3,183
-31%
$707,900
50%
2022
$4,604
—
$470,763
5%
2022
$4,604
6%
$448,824
30%
2021
$4,328
41%
$344,034
31%
2020
$3,065
-25%
$261,909
22%
2018
$4,091
-13%
$214,273
-15%
2019
$4,710
24%
$251,016
27%
2017
$3,808
5%
$197,132
6%
2016
$3,631
23%
$186,674
24%
2015
$2,962
6%
$150,932
-1%
2013
$2,807
—
$152,226
5%
2013
$2,807
—
$144,522
—
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 1612 Whitemound Rd
1612 White Mound Road, Sherman, TX 75090 (MLS# 21319179) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1612 White Mound Road is currently listed for $799,000 and was received on July 03, 2026. Want to learn more about 1612 White Mound Road? 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.

