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$850,000

2011 W Houston St, Sherman, TX, 75092

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths2,737 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$310.56 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBasketball Court, Storage

About this property

Hidden gem with endless possibilities! This rare opportunity offers 8.81 acres within the Sherman city limits, combining the privacy of a country estate with the convenience of in-town living. The spacious 6-bedroom home features 2 full bathrooms, 2 half bathrooms, an open-concept living area, and a cozy wood-burning fireplace. Step outside to enjoy incredible recreational amenities, including a private soccer field and basketball court, along with a covered carport and storage shed. Beyond the home's exceptional features, the property presents outstanding investment potential. With approximately 60 feet of highway frontage providing the opportunity for an alternate entrance, this unique tract is well suited for future commercial or residential development (subject to applicable zoning and approvals). Whether you're looking for a private family estate, recreational retreat, or a property with exceptional development potential, this one-of-a-kind offering is a rare find. Schedule your private tour today and explore the possibilities.

Investor Tools

Property Icon
$414,390
Estimated Property Value
$375,812Estimated Mortgage Balance
$0Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Kimberly Hudgins

PARAGON, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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2011 W Houston St | Property Details | No Agent List