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$1,195,000
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Property Description
Discover the perfect blend of country comfort and multi-generational flexibility on this beautiful 28-acre property located along FM 697 in Sherman, Texas. The main home, built in 1965, features a 3-bedroom, 2-bath layout with a desirable split-bedroom floorplan, offering privacy for the primary suite and an efficient flow throughout approximately 1,862 sq ft of living space. Large living space and wide-open views create a warm and inviting atmosphere ideal for everyday living. In addition to the primary residence, the property features two attached one-bedroom in-law suites, each with its own private entrance. These suites are ideal for extended family, guests, or potential rental income, providing exceptional versatility rarely found in properties of this size. Outdoors, the land is fully fenced and showcases three ponds, ideal for livestock, horses, or recreational enjoyment. A spacious 30x50 shop adds exceptional utility for equipment storage, vehicles, hobbies, or a home-based business. With open pasture, mature trees, and scenic water features, this acreage offers the freedom to create the lifestyle you've been dreaming of. Enjoy unmatched privacy with convenient access to Sherman, while still being close to major highways, shopping, and schools. Whether you're seeking a homestead, multi-family living arrangement, or a functional agricultural property, this unique estate offers it all.
Full Property Details
Full Property Details for 1835 FM697
General
- Price: $1,195,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21129800
- Updated: 12/11/2025
- Added to Site: 36 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, In-Law Floorplan, Kitchen Island, Pantry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Masonry, Raised Hearth, Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Flooring: Carpet, Ceramic Tile, Simulated Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Covered
Parking
- Parking Features: Concrete, Other
Location
- County: Grayson
- Subdivision: G-1226
- Driving Directions: Driving E on Hwy 82, take exit for FM 1417 and TX-56 E. Turn right onto JP Cave Road. Turn right onto FM697. Property on the right.
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Dillingham
- Middle School: Sherman
- High School: Sherman
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Water Available
Structural Information
- Architectural Style: Ranch, Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Brick
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,862 Sq. Ft.
- Year Built: 1965
Additional Structures
- Other Structures: Guest House, Pergola, Second Residence, Storage, Workshop, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 28.12
- Lot Size (Sq. Ft.): 1,224,907.2
- Lot Features: Acreage, Pond on Lot, Many Trees
- Fencing (Description): Full
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Exclusions: Primary bedroom fireplace
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 125943
Listed by RE/MAX Signature Properties, Brittany Dodson
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Schools
Schools serving 1835 FM697
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Crutchfield Elementary School 521 South Dewey Avenue, Sherman, TX 75090 | K-5 | 2.3 mi |
Piner Middle School 402 West Pecan Street, Sherman, TX 75090 | 6-8 | 3.7 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1835 FM697
Date
Details
Price
Change
Source
12/11/2025
Listed
$1,195,000
—
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 1835 FM697
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1,266,249
—
2023
100%
$1,263,202
242%
2022
100%
$369,427
19%
2021
100%
$311,389
58%
2020
100%
$197,098
6%
2015
-100%
$185,537
32%
2019
$3,007
3%
$140,470
10%
2018
$2,913
14%
$128,124
5%
2017
$2,554
9%
$122,364
10%
2016
$2,347
7%
$111,686
8%
2015
$2,201
8%
$103,887
11%
2013
$2,038
—
$93,919
-2%
2013
$2,038
—
$96,165
—
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 1835 FM697
1835 Fm 697, Sherman, TX 75090 (MLS# 21129800) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1835 Fm 697 is currently listed for $1,195,000 and was received on December 11, 2025. Want to learn more about 1835 Fm 697? 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.

