Sirka Real Estate
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3Beds
2Baths
2,098Sqft
$799,000
MLS# 21319179

Overview

3 / 2 / 2
Bed / Bath / Gar
2,098
Sq Ft
1997
Year Built
9.414 acres
Lot Size
8
CDOM
Single Family
Type

Description

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.

Mortgage Calculator

$
%
20% · $159,800
0%50%
Principal & Interest$4,040(82%)
Property Tax$543(11%)
Homeowner's Insurance (est.)$333(7%)
Est. Monthly Payment$4,916/mo
Est. Monthly$4,916

Estimate only — contact a lender for actual rates and terms.

Rooms

Primary Bedroom
14 x 11 / 1
Bedroom
10 x 10 / 1
Bedroom
9 x 14 / 1
Primary Bathroom
11 x 5 / 1
Living Room
14 x 12 / 1
Living Room
21 x 17 / 1
Kitchen
10 x 11 / 1
Bonus Room
9 x 11 / 1
Breakfast Room Nook
9 x 9 / 1
Full Bath
4 x 6 / 1
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave
Interior Features
Built In Features, Pantry, Cable Tv, Walk In Closets
Flooring
Carpet, Laminate
Laundry
Washer Hookup, Dryer Hookup, Electric Dryer Hookup, In Garage
Fireplaces
1 · Free Standing, Living Room, Wood Burning Stove
Heating
Electric, Fireplaces
Cooling
Central Air, Ceiling Fans, Electric
Utilities
Electricity Connected, Septic Available, Cable Available
Architectural Style
Ranch, Traditional, Detached
Construction
Brick
Roof
Composition
Foundation
Slab
Exterior Features
Rv Hookup, Storage
Patio / Porch
Front Porch
Pool
None
Security
Security System
Levels
One
Stories
1
Garage Spaces
2
Attached Garage
Yes
Covered Spaces
2

Schools

Elementary
Tom Bean (Tom Bean ISD)
Middle
Tom Bean (Tom Bean ISD)
High
Tom Bean (Tom Bean ISD)

Price & Status History

DateEventPrice
8/12/2026Listed for sale
Source: NTREIS #21357984
$799,000
7/2/2026Listed for sale
Source: NTREIS #21319179
$799,000

Nearby Properties

Listed by Haley Miller · PARAGON, REALTORS
Source: NTREIS · MLS#: 21319179

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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3bed
2bath
2car
$799,000
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