4779 Sistrunk St, Sherman, TX 75090

Beds
5
Baths
3
Sqft
3,978

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Listed byEasy Life Realty
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Overview

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.

The 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.

Whether 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.

This 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 retain the approximately 1.48-acre portion featuring all of the existing income-producing improvements. By keeping the mobile home rental and RV hookup with the Victorian residence, this configuration provides the rare opportunity to acquire a property that combines immediate cash flow with substantial value-add and renovation potential, making it an attractive investment in today's market.

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
5
Number of bathrooms
3
Square feet
3,978
Lot size (acres)
1.48
Year built
1910

Utilities

Heating
Space Heater
Cooling
Window Units

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21335404 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.