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503 Sherman Street

Tioga, Texas 76271
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Bed 3

Bed

Bath 2

Bath

SqFt1,844

Sqft

Acres0.50

Acre(Lot)

Investor Special with Endless Potential! Opportunity awaits with this Investor Special situated on a fenced, over-sized corner lot in a convenient small-town location. Whether you’re looking for your next rental property, flip project, or affordable home to personalize, this property offers outstanding potential. A detached shop provides the perfect space for a workshop, craft room, hobby area, or the ultimate man cave. Relax year-round in the sun-room or back porch overlooking the spacious backyard, where mature shade trees create a peaceful outdoor setting. Conveniently located close to all schools, this property is also just 20 minutes from Lake Ray Roberts, where you’ll enjoy boating, fishing, beaches, and outdoor recreation. Commuters will appreciate being approximately 45 minutes from Frisco and only one hour from Dallas–Fort Worth International Airport. Bring your vision and transform this property into something special. With a great location, over-sized lot, detached shop, and plenty of potential, this is an opportunity you won’t want to miss! Property has potential mold in several locations, sellers have not had the property evaluated.

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Detail Ic Property Details

Property Type : Residential

Price : $239,000

AD Id : 87555183

MLS Id : 566800262

Beds : 3

Lot Size : 0.50 Acre

Living Area Size : 1,844

Year Built : 1999

County : Grayson

Subdivision: Mershons Add

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

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

    High Speed Internet Available

    Appliances

    Dishwasher,Gas Range

    Utilities

    City Sewer,City Water
  • Cooling Features

    Central Air

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1999 Construction: Siding Roof Type: Composition
  • Foundation

    Slab
  • Laundry Features

    Dryer Hookup,Washer Hookup

    Patio And Porch

    Covered

    Fencing

    Vinyl

    Construction Materials

    Siding

  • Lot Information

    Lot Size (Acr): 0.4990 Lot Size Units: Acres Lot Size Square Feet: 21,736 Lot Size Source: Public Records Lot Features: Acreage
  • Property Information

    SQ ft (Living Area): 1,844 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Mershons Add City: Tioga State: Texas Directions: GPS Property Status: Active Levels: Two Property Age: 27 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $239,000 List Price Tot SqFt: $130
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 209265 Tax Legal Description: MERSHONS ADDN, 104.25X208.5, ACRES .499 Unexempt Taxes: $6,117

  • Parking Information

    Has Garage Garage Space: 0 Carport Spaces: 1 Parking Features: Detached Carport,Driveway,Garage
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Tioga Middle School: Tioga High School: Tioga School District: Tioga ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1019 Vaughan Lane, Tioga, TX, 76271 $925,000 4 3 2,284 2,284 SqFt
626 Scoggins Road, Tioga, TX, 76271 $2,399,000 4 5 4,482 4,482 SqFt
650 Scoggins Road, Tioga, TX, 76271 $1,350,000 4 3 2,400 2,400 SqFt
386 Scoggins Road, Tioga, TX, 76271 $760,000 4 2 2,187 2,187 SqFt
1209 Sherman Street, Tioga, TX, 76271 $399,900 3 2 1,928 1,928 SqFt
1208 Mary Ann Court, Tioga, TX, 76271 $325,000 3 2 1,689 1,689 SqFt
1204 Cutler Street, Tioga, TX, 76271 $360,000 4 2 1,805 1,805 SqFt
1004 E Main Street, Tioga, TX, 76271 $475,000 3 2 1,738 1,738 SqFt
501 N Van Zandt Street, Tioga, TX, 76271 $690,000 4 3 2,370 2,370 SqFt
808 N Main Street, Tioga, TX, 76271 $477,000 3 2 2,700 2,700 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 07/10/2026 @ 12:29

MLS: 566800262 LISTED BY: Michael Sanders, Ready Real Estate LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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