4779 Sistrunk St, Sherman, TX, 75090
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Barndominium,Victorian,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Dishwasher,Electric Cooktop,Refrigerator
Bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: Second
- Dimensions: 0 x 0
Bedroom
- Level: Second
- Dimensions: 0 x 0
Bedroom
- Level: Second
- Dimensions: 0 x 0
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- High Speed Internet,Kitchen Island,Walk-In Closet(s)
- Flooring: Hardwood,Luxury Vinyl Plank,Tile
- Fireplace features: None
Heating & Cooling
- Heating features: Space Heater
- Cooling features: Window Unit(s)
Interior Area
- Total interior livable area: 3,978 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bathroom
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 0 x 0
Other
- Level: First
- Dimensions: 0 x 0
Other
- Level: Second
- Dimensions: 0 x 0
Utility Room
- Features: Built-in Features
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 154371
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Partial
- Residential vegetation: Grassed,Partially Wooded
Lot
- Lot size: 1.48 Acres
- Features: Corner Lot
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tornado
- Cold Wave
- Hail
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $239 | $2,868 |
| Property Taxes | $142 | $1,704 |
| Electricity | $436 | $5,241 |
| Total | $1,954 | $23,448 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-20 | Listed for sale | $225,000 |
| 2026-02-10 | Listing removed | $350,000 |
| 2025-08-14 | Listed for sale | $350,000 |
| 2025-08-04 | Pending sale | $350,000 |
| 2025-07-29 | Contingent | $350,000 |
| 2025-06-09 | Listed for sale | $350,000 |
| 2023-10-27 | Listing removed | -- |
| 2023-09-13 | Price change | $299,900 |
| 2023-09-03 | Listed for sale | $325,000 |
| 2023-08-30 | Listing removed | -- |
| 2023-07-25 | Price change | $385,000 |
| 2023-07-14 | Price change | $139,000 |
| 2023-06-25 | Price change | $435,000 |
| 2023-05-13 | Price change | $545,000 |
| 2023-04-10 | Listed for sale | $550,000 |
For Sale by Agent
View on Zillow