Residential For Sale
1612 White Mound Road, Sherman, Texas 75090
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 another 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.
- Property Type:
- Residential
- Listing Type:
- For Sale
- Listing ID:
- 21399041
- Price:
- $775,000
- Year Built:
- 1997
- Lot Area:
- 9.41 Acre
- Status:
- Active
- Office Name:
- Compass RE Texas, LLC.
- Agent Name:
- Haley Miller
- Full Bathrooms:
- 2
- Listing Status:
- 2
- Property Sub Type:
- Single Family Residence
- Roof:
- Composition
- Show Address:
- 1
- Swimming Pool:
- None
- Heating System:
- Electric, Fireplace(s)
- Cooling System:
- Central Air, Ceiling Fan(s), Electric
- Fireplace:
- Living Room, Wood Burning Stove, Free Standing
- Parking:
- Garage, Garage Door Opener, Boat, RV Access/Parking, Garage Faces Side, Door-Single, Gravel
- Architectural Style:
- Traditional, Detached, Ranch
- Exterior Features:
- RV Hookup, Storage
- Fireplaces Total:
- 1
- Flooring:
- Carpet, Laminate
- Interior Features:
- Built-in Features, Pantry, Cable TV, Walk-In Closet(s)
- Sewer:
- Septic Tank, Aerobic Septic
- Utilities:
- Electricity Connected, Cable Available, Septic Available
- Appliances:
- Dishwasher, Electric Range, Microwave, Electric Water Heater
- Country:
- US
- State:
- TX
- County:
- Grayson
- City:
- Sherman
- Zipcode:
- 75090
- Street:
- White Mound
- Street Number:
- 1612
- Street Suffix:
- Road
- Longitude:
- W97° 29' 32.4''
- Latitude:
- N33° 30' 57.1''
- 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.
- Elementary School:
- Tom Bean
- Elementary School District:
- Tom Bean ISD
- High School:
- Tom Bean
- High School District:
- Tom Bean ISD
- Middle School:
- Tom Bean
- Virtual Tour:
- https://www.propertypanorama.com/instaview/ntreis/21399041
- Lot Features:
- Acreage, Agricultural
- Levels:
- One
- Garage:
- 2.0
- Foundation Details:
- Slab
- Current Use:
- Agricultural
- Construction Materials:
- Brick
- Attached Garage Yn:
- 1
- Tax Annual Amount:
- 6510.0
- List Agent Mls Id:
- 0843360
- List Office Mls Id:
- CMPS00TO
- Listing Term:
- Cash, Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-09-30T09:11:50Z
- Originating System Name:
- NTR
- Special Listing Conditions:
- Standard
- Status Change Timestamp:
- 2026-09-29T15:30:07Z

























