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4779 Sistrunk Street

Sherman, Texas 75090
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$225,000 $948/Mo
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Bed 5

Bed

Bath 3

Bath

SqFt3,978

Sqft

Acres1.48

Acres(Lot)

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 supp lemental 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.

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Detail Ic Property Details

Property Type : Residential

Price : $225,000

AD Id : 88192507

MLS Id : 568281765

Beds : 5

Lot Size : 1.48 Acres

Living Area Size : 3,978

Year Built : 1910

County : Grayson

Subdivision: Hilltop Estate Sub

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0

  • Interior Features

    High Speed Internet Available,Kitchen Island,Walk-In Closet(s)

    Appliances

    Dishwasher,Electric Cooktop,Double Oven,Refrigerator

    Utilities

    City Water,Electricity Connected,Septic

  • Cooling Features

    Window Unit(s)

    Heating Source

    Space Heater

    Fireplace

    Number of Fireplaces: 0 Fireplace Features: None

  • Building Information

    Built Year: 1910 Construction: Wood Roof Type: Composition

  • Foundation

    Pillar/Post/Pier

  • Fencing

    Partial

    Construction Materials

    Wood

  • Lot Information

    Lot Size (Acr): 1.4800 Lot Size Units: Acres Lot Size Square Feet: 64,469 Lot Features: Corner Lot

  • Property Information

    SQ ft (Living Area): 3,978 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Barndominium,Victorian Subdivision: Hilltop Estate Sub City: Sherman State: Texas Directions: Take Highway 82 in Sherman and head east. Turn right onto FM 1417 South and continue for several miles. Turn left onto Plainview Road and follow it until you reach Sistrunk Road. Turn right onto Sistrunk Road and continue straight until you arrive at 4779 Sistrunk Road. Property Status: Active Levels: Two Property Age: 116 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $225,000 List Price Tot SqFt: $57

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 154371 Tax Block: 2 Tax Legal Description: HILLTOP ESTATE S/D, BLOCK 2, LOT 1 THRU 6, AC Tax Lot: 1 Unexempt Taxes: $6,323

  • Parking Information

    Carport Spaces: 0 Parking Features: No Garage

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Percy W Neblett Middle School: Piner High School: Sherman School District: Sherman ISD

  • Utility Information

    Utilities: City Water,Electricity Connected,Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1223 Old Ida Rd Street, Sherman, TX, 75090 $244,900 4 2 1,791 1,791 SqFt
1489 Calf Creek Lane, Sherman, TX, 75090 $359,000 3 2 1,120 1,120 SqFt
773 Pennell Road, Sherman, TX, 75090 $459,900 4 2 2,307 2,307 SqFt
428 Pennell Road, Sherman, TX, 75090 $420,000 3 2 1,680 1,680 SqFt
152 Pennell Road, Sherman, TX, 75090 $215,000 3 2 1,120 1,120 SqFt
1612 White Mound Road, Sherman, TX, 75090 $799,000 3 2 2,098 2,098 SqFt
248 Roan Lane, Sherman, TX, 75090 $1,395,000 3 3 2,688 2,688 SqFt
49 Bois D Arc Circle, Sherman, TX, 75090 $390,000 3 2 1,893 1,893 SqFt
85 Quail Run Road, Sherman, TX, 75090 $389,000 4 3 2,706 2,706 SqFt
1188 Tribble Road, Sherman, TX, 75090 $450,000 3 2 1,772 1,772 SqFt

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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 07/24/2026 @ 07:42

MLS: 568281765 LISTED BY: Eli Ersch, Easy Life Realty 903-821-7201 SOURCE: NTREIS - North Texas Real Estate Information

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