Expansive agricultural land featuring a verdant field and established access roads. Ariel of Entire Property. Approximate Boundaries
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1612 White Mound Road

Sherman, Texas 75090
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Bed 3

Bed

Bath 2

Bath

SqFt2,098

Sqft

Acres9.41

Acres(Lot)

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 ano ther 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.

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Detail Ic Property Details

Property Type : Residential

Price : $799,000

AD Id : 87554761

MLS Id : 566609414

Beds : 3

Lot Size : 9.41 Acres

Living Area Size : 2,098

Year Built : 1997

Garage : 2

County : Grayson

Subdivision: Abigail Acres

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Built-in Features,Cable TV Available,Pantry,Walk-In Closet(s)

    Appliances

    Dishwasher,Electric Range,Electric Water Heater,Microwave

    Utilities

    Aerobic Septic,Electricity Connected,Outside City Limits,Septic
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Electric,Fireplace(s)

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Freestanding,Living Room,Wood Burning Stove

  • Building Information

    Built Year: 1997 Construction: Brick Roof Type: Composition
  • Exterior Features

    RV Hookup,RV/Boat Parking,Storage

    Foundation

    Slab

    Security Features

    Security System
  • Laundry Features

    Electric Dryer Hookup,In Garage,Dryer Hookup,Washer Hookup

    Patio And Porch

    Front Porch

    Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 9.4140 Lot Size Units: Acres Lot Size Square Feet: 410,074 Lot Features: Acreage,Agricultural
  • Property Information

    SQ ft (Living Area): 2,098 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Ranch,Traditional Subdivision: SHOCKEY HENRY City: Sherman State: Texas 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. Property Status: Active Levels: One Property Age: 29 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $799,000 List Price Tot SqFt: $381
  • Listing Information

    Possession: 30-60 Days

  • Tax Information

    Parcel Number: 130331 Tax Legal Description: G-1074 SHOCKEY HENRY A-G1074, ACRES 9.414 Unexempt Taxes: $6,510

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 0 Parking Features: Garage,Garage Door Opener,Garage Faces Side,Garage Single Door,Gravel
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Tom Bean Middle School: Tom Bean High School: Tom Bean School District: Tom Bean ISD
  • Utility Information

    Utilities: Aerobic Septic,Electricity Connected,Outside City Limits,Septic
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/19/2026 @ 05:08

MLS: 566609414 LISTED BY: Haley Miller, PARAGON, REALTORS 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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