About 111 Mitchell Road
Ranchette! 2 complete homes on a 1.77 acre corner creek lot. Brand new barndo plus ADU. Rental income or in-laws. Outside city limits! Horses allowed. Two rental opportunities or multi-generational living. This inviting property perfectly balances modern design with suburban charm. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. The 3-bedroom Barndominium (1214 sq ft.) is just completed in 2026 with modern farmhouse touches. An additional 1-bedroom ADU (672 sq ft built in 2016) boasts a full kitchen and bath with dual vanities and tub and a front porch tucked beneath a mature tree canopy. Make it a private mother-in-law suite, home office, or a steady rental stream to capitalize on the area's soaring housing demand. Equipped with three loafing stalls, a storage shed, potentially a garage, and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to the city and the new Texas Instruments & GlobalWafers sites. Families will appreciate the rapidly modernizing Sherman ISD, featuring a recent high school, three new elementary schools, and a state-of-the-art athletic stadium. Enjoy easy access to Dallas, expanding retail, and top-tier industrial job opportunities. This property offers a unique cash-flow opportunity that standard valuations overlook. Comps do not reflect the rental income generated by the second home. A savvy investment in the direct path of progress! ONLY 1 PROPERTY IS FOR SALE, THIS IS A DUPLICATE MARKETING ENTRY ALSO LISTED AS A RESIDENTIAL PROPERTY MLS 21268617.
Features of 111 Mitchell Road
| MLS® # | 21348400 |
|---|---|
| Price | $506,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,886 |
| Acres | 1.77 |
| Year Built | 2026 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 111 Mitchell Road |
|---|---|
| Subdivision | Aaron Burleson Surv Abs #61 |
| City | Sherman |
| County | Grayson |
| State | TX |
| Zip Code | 75090-3220 |
Amenities
| Utilities | Co-op Water, Individual Water Meter, Septic |
|---|---|
| Parking Spaces | 3 |
| Garages | Outside |
| Is Waterfront | No |
| Waterfront | Creek |
| Has Pool | No |
Interior
| Interior Features | Kitchen Island, Open Floorplan |
|---|---|
| Heating | Central |
| Fireplace | No |
Exterior
| Exterior Features | Covered Deck, Storage |
|---|---|
| Lot Description | Acreage, Cleared, Corner Lot |
| Roof | Metal |
| Construction | Concrete, Metal Siding |
| Foundation | Other |
School Information
| District | Sherman ISD |
|---|---|
| Elementary | Percy W Neblett |
| Middle | Sherman |
| High | Sherman |
Listing Details
| Agent | Deborah Newsome |
|---|---|
| Office | Keller Williams Realty DPR |
| Contact Info | 214-457-0983 |
| Office Contact | 214-457-0983 |