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$465,000
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Property Description
ASK ABOUT THE EXCLUSIVE LENDER INCENTIVE OFFERED! Step inside this charming modern farmhouse on 1.2 acres featuring an open-concept design with 10-foot ceilings, a spacious kitchen island topped with quartz countertops, and beautiful open shelving that perfectly complements the home's cozy character. The inviting living room includes a wood-burning stove, perfect for those chilly Texas evenings. The owner's suite offers a relaxing retreat with a walk-in closet and a spa-like bathroom complete with double sinks, a soaking tub, and a separate shower. On the opposite side of the home, slide open the barn door, and you'll find three additional bedrooms, each with high ceilings and walk-in closets, along with a stylish hall bathroom featuring double sinks, tucked neatly behind a large sliding barn door. Enjoy peaceful country living from the covered front porch or back patio overlooking the fully fenced property. The 500+ sq. ft. workshop is fully insulated and includes its own covered porch and wall units, ideal for a home business, hobby space, or even a potential guest or mother-in-law suite! No known restrictions or flood zone. This property truly offers the perfect blend of modern comfort and country charm!
Full Property Details
Full Property Details for 5540 FM697
General
- Price: $465,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21104533
- Updated: 1/13/2026
- Added to Site: 66 day(s) ago
Interior
- Interior Features: Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Paneling/Wainscoting, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Masonry, Wood Burning Stove
- Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters, Storage
- Porch/Patio/Deck: Front Porch, Patio, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage, Garage Faces Side
Location
- County: Grayson
- Subdivision: G-0509 Henderson LD
- Driving Directions: From Highway 11, take Ida Road (FM 697) east approximately 6 miles. Property is on the right.
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, Wall/Window Unit(s)
- Heating Type: Central, Electric, Wood Stove
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Connected, Propane, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Farmhouse, Modern, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,943 Sq. Ft.
- Year Built: 2020
Additional Structures
- Other Structures: Workshop
Lot Features
- Lot Size (Acres): 1.205
- Lot Size (Sq. Ft.): 52,489.8
- Lot Features: Acreage, Back Yard, Cleared, Lawn, Landscaped, Few Trees
- Fencing (Description): Back Yard, Full, Gate, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: G-0509 HENDERSON L D A-G0509, ACRES 1.205
- Exclusions: TVs, Cameras, Washer, Dryer, Fridge
- Property ID: 403671
Listed by Ten Twenty Realty LLC, Shayla Eadler
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Schools
Schools serving 5540 FM697
School District:Tom Bean Independent School District
| Name | Grades | Distance |
|---|---|---|
Tom Bean Elementary School 105 Eubanks Street, Tom Bean, TX 75489 | PK-5 | 5 mi |
Tom Bean Middle School 289 Franklin Rd, Tom Bean, TX 75489 | 6-8 | 4.1 mi |
Tom Bean High School 7719 Texas 11, Tom Bean, TX 75489 | 9-12 | 4.2 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 5540 FM697
Date
Details
Price
Change
Source
12/08/2025
Price Reduced
$465,000
-2.11%
MLS
11/11/2025
Listed
$475,000
—
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 5540 FM697
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,459
19%
$368,798
-10%
2023
$3,754
-17%
$408,504
-8%
2022
$4,497
100%
$441,849
21%
2022
100%
$364,804
23%
2020
100%
$296,215
699%
2015
—
$37,053
—
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 5540 FM697
5540 Fm 697, Sherman, TX 75090 (MLS# 21104533) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5540 Fm 697 is currently listed for $465,000 and was received on November 11, 2025. Want to learn more about 5540 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.

