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416 S Elm St, Sherman, TX, 75090

5beds
5baths
3,190sqft
$525,000
$165price/sqft
$4,536/moest. monthly cost
$181,440/yrincome needed

About This Home

Nestled in the heart of Sherman's vibrant and revitalized downtown, 416 S Elm St is a stunning newly constructed home that perfectly blends modern design with thoughtful functionality. With two primary suites and three additional rooms, this home offers an abundance of space for both comfortable living and entertaining. The kitchen is a showstopper, designed for culinary enthusiasts and home entertainers alike. Picture yourself around the expansive quartz-topped island, surrounded by sleek floor-to-ceiling cabinetry, a gas cooktop, and plenty of storage to keep everything organized and within reach. The open-concept living area flows effortlessly, featuring large windows that frame serene backyard views and create an inviting indoor-outdoor connection. The first-floor primary suite is a true retreat, offering a spa-inspired ensuite bath with a separate shower and a large walk-in closet. Upstairs, you'll find a second living area that elevates the home’s entertainment potential—complete with a wet bar and walk-out balcony for enjoying sunsets or hosting guests. The second-floor primary suite also delivers luxury, featuring its own private bath and walk-in closet. Step outside to discover a sprawling backyard shaded by mature trees, a peaceful oasis perfect for relaxation, play, or future outdoor projects. Unbeatable location within walking distance to downtown Sherman’s shops, restaurants, and entertainment, plus quick access to highway for easy commutes. This home offers the best of both convenience and lifestyle. Schedule your showing today!

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

2/10
5/10
Piner Middle SchoolGrades 6-80.4 mi
5/10
Sherman High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Built-In Refrigerator,Dishwasher,Gas Cooktop,Disposal,Gas Water Heater,Microwave,Plumbed For Gas
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room

Bedroom

  • Level: Second
  • Dimensions: 12 x 11

Bedroom

  • Level: Second
  • Dimensions: 12 x 11

Bedroom

  • Level: Second
  • Dimensions: 11 x 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Breakfast Room Nook

  • Level: First
  • Dimensions: 11 x 8

Features

  • Built-in Features,Chandelier,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Multiple Master Suites,Open Floorplan,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Tile,Wood

Half Bath

  • Level: First
  • Dimensions: 1 x 1

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 3,190 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Kitchen Island,Pantry,Stone Counters
  • Level: First
  • Dimensions: 13 x 11

Living Room

  • Level: First
  • Dimensions: 17 x 13

Living Room

  • Features: Ceiling Fan(s)
  • Level: Second
  • Dimensions: 27 x 14

Master Bathroom

  • Features: Built-in Features,Dual Sinks,En Suite Bathroom,Stone Counters,Separate Shower
  • Level: First
  • Dimensions: 13 x 10

Master Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 14 x 12

Master Bedroom

  • Level: Second
  • Dimensions: 16 x 12

Other

  • Features: Built-in Features
  • Level: Second
  • Dimensions: 1 x 1

Other

  • Features: Built-in Features
  • Level: Second
  • Dimensions: 1 x 1

Other

  • Features: Built-in Features
  • Level: Second
  • Dimensions: 1 x 1

Utility Room

  • Features: Built-in Features,Utility Room,Utility Sink
  • Level: Second
  • Dimensions: 9 x 8

Property

Details

  • Parcel number: 452877

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio,Balcony,Covered
  • Exterior features: Balcony,Private Yard,Rain Gutters
  • Fencing: Back Yard,Wood

Lot

  • Lot size: 0.34 Acres
  • Features: Back Yard,Interior Lot,Lawn,Landscaped,Sprinkler System,Few Trees

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Ice Storm
Tornado
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$559$6,708
Property Taxes $973$11,676
Electricity $350$4,203
Total$4,536$54,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$155,520/yr
40% on housing$136,080/yr
45% on housing$120,960/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 4.0%
4.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$165This listing

vs Other Active Listings

Avg $/sqft

ZIP 75090$121
Grayson County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 75090$157
Grayson County$164

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)

Price History

DateEventPrice
2026-05-13Price change$539,000
2026-04-28Listed for sale$549,000
2026-01-10Listing removed$579,950
2025-09-03Listed for sale$579,950
2022-09-09Sold--
2022-08-31Pending sale$149,000
2022-08-26Price change$149,000
2022-08-11Price change$199,000
2022-08-05Price change$250,000
2022-07-22Listed for sale$299,000
2020-07-09Listing removed$130,000
2020-06-05Listed for sale$130,000

For Sale by Agent

AgentErin Pickard
BrokerageCompass RE Texas, LLC

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