$52,000
NAL Estimated Property Value1601 E 1417 290, Sherman, TX, 75090
Property Lead Type:
Highlights
Interior
About this property
Large Single wide manufactured home. Property is located in a mobile home community. Great opportunity to add to rental portfolio or pay cash and have only lot rent. Lot rent is approx $457 a month. Beautiful community pool and common areas. Water and electric is billed separately. Home updated a year ago with fresh paint and flooring. Purchase is for home only. Land is a leasehold. Cash only. Owner may consider owner financing. Buyer must apply within the Shadow Mountain Community for approval. Investors note any tenants will need to apply prior to leasing as well. Refrigerator, washer, and dryer included
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Sherman
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