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$225,000
Listing Price--beds
--baths
3,978sqft
107,998sqft lot
4779 Sistrunk St, Sherman, TX 75090
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Investor Opportunity with Immediate Cash Flow and Value-Add Potential in Sherman, TX! Discover the investment potential at 4779 Sistrunk Road, a 1.48-acre income-producing property offering multiple revenue streams and significant upside. The property currently generates $1,200 per month in rental income from a mobile home leased for $750 per month and an RV hookup rented for $450 per month, providing immediate cash flow while you execute your investment strategy.nnThe centerpiece of the property is a nearly 4,000-square-foot Victorian-style home ready for renovation. With its impressive size, timeless architecture, and restoration potential, the home presents an excellent opportunity for a fix-and-flip project, long-term rental conversion, or owner-occupied renovation with built-in supplemental rental income.nnWhether you're searching for an income-producing property, fix-and-flip opportunity, value-add investment, or multi-income real estate in Sherman, this property offers the flexibility investors are looking for. Continue collecting rental income during renovations, expand your investment portfolio, or unlock additional value through updates and improvements. Opportunities combining current cash flow with substantial appreciation potential are becoming increasingly difficult to find in the Sherman market.nnThis offering was previously marketed as part of an approximately 2.47-acre tract, but the owners have elected to subdivide the property, allowing the new owner to ret
Interior Details
3978
N/A
N/A
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
107998
No
No
Type:
Carport (unspecified)
Location:
N/A
Status:
N/A
Number of Spaces:
1
No
No
No
No
Yes
No
No
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,677
$54,000
$127,851
--%
$181,851
2019
$4,012
$54,000
$133,465
--%
$187,465
2018
$3,208
$54,000
$87,106
--%
$141,106
2017
$2,428
$27,000
$89,351
--%
$116,351
2016
$2,214
$27,000
$78,379
--%
$105,379
2014
$2,277
$21,600
$85,898
--%
$107,498
2013
$2,279
$21,600
$85,963
--%
$107,563
2012
$2,577
$21,600
$85,963
--%
$107,563




