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4779 Sistrunk Street

Sherman, TX 75090

$225,000

5 bd · 3 ba · 3,978 sq ft · 1.48 ac

Bedrooms5
Bathrooms3
Living area3,978 sq ft
Lot size1.48 acres
Year built1910
Stories2
GarageNone listed
TypeSingle-family

What it costs to own

Taxes$6,323 per year
MUDNone listed
HOANone listed
Price per sq ft$57 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Investor Opportunity with Immediate Cash Flow and Value-Add Potential in Sherman, TX! Discover the investment potential at 4779 Sistrunk Road, a 1.48-acre income-producing property offering multiple revenue streams and significant upside. The property currently generates $1,200 per month in rental income from a mobile home leased for $750 per month and an RV hookup rented for $450 per month, providing immediate cash flow while you execute your investment strategy.

The centerpiece of the property is a nearly 4,000-square-foot Victorian-style home ready for renovation. With its impressive size, timeless architecture, and restoration potential, the home presents an excellent opportunity for a fix-and-flip project, long-term rental conversion, or owner-occupied renovation with built-in supplemental rental income.

Whether you're searching for an income-producing property, fix-and-flip opportunity, value-add investment, or multi-income real estate in Sherman, this property offers the flexibility investors are looking for. Continue collecting rental income during renovations, expand your investment portfolio, or unlock additional value through updates and improvements. Opportunities combining current cash flow with substantial appreciation potential are becoming increasingly difficult to find in the Sherman market.

This offering was previously marketed as part of an approximately 2.47-acre tract, but the owners have elected to subdivide the property, allowing the new owner to retain the approximately 1.48-acre portion featuring all of the existing income-producing improvements. By keeping the mobile home rental and RV hookup with the Victorian residence, this configuration provides the rare opportunity to acquire a property that combines immediate cash flow with substantial value-add and renovation potential, making it an attractive investment in today's market.

The details

HeatingSpace Heater
CoolingWindow Unit(s)
FlooringHardwood, Luxury Vinyl Plank, Tile
AppliancesDishwasher, Electric Cooktop, Double Oven, Refrigerator
Interior featuresHigh Speed Internet Available, Kitchen Island, Walk-In Closet(s)
FireplaceNone

Construction materialsWood
RoofComposition
FoundationPillar/Post/Pier

Lot featuresCorner Lot
FencingPartial
Water sourceCity Water
SewerSeptic
ElectricElectricity Connected

SubdivisionHilltop Estate Sub

ElementaryPercy W Neblett
Middle schoolPiner
High schoolSherman
DistrictSherman ISD

MLS #21335404
Source
On the marketListed today
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryALDI · 1.9 mi
Nearest parkOld Settlers Park · 2.2 mi

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Listing courtesy of Easy Life Realty — Eli Ersch.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21335404. Information last updated July 21, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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