Under $200,000 Sherman TX Real Estate, Homes, Condos for Sale

A blank canvas to a make it your very own! 3 spacious bedrooms, wood floors throughout and an open living dining concept are just a few of the starting points of this home. Bring your crew to work or roll up your sleeves and do the work yourself and have the equity and pride of making this home shine. Great location near Austin college and Old Settlers park. Large back yard and plenty of parking. Roof replaced recently. Home sold AS IS will not finance FHA, no lease to own and no owner finance.

1211 N Harrison Ave, Sherman

$114,900

2 Beds ⋅ 1 Baths ⋅ 21298799 MLS

Charming two bedroom one bath frame home located in a mature area on Shermans west side , offering great access to both Hwy 75 and 82.This well located property is great location to medical ,schools and downtown. The home features a spacious kitchen , two comfortable bedroom , an additional bonus could be 2nd living , game room or another bedroom. Enjoy the large fenced backyard with small outbuilding for storage , plus the added convenience of a storm cellar for peace of mind. Great location to be part of the city of Sherman.

210 W Dexter St, Sherman

$150,000

21298276 MLS

Take a look at this beautiful property that is ready for your forever home to be built on! Multiple lots are available for you to choose from. Very private location with trees on both the front and back of the property line. Sitting on 1.5 acres this property offers country living at its best. Only 15 minutes to downtown Sherman and about 10 minutes to the new upcoming HEB! Culvert and entry have been installed. Water and electric are at the street. Deed restrictions - house only 1200+ sq ft. No mobile homes, trailers, RV's or tiny homes.

Lot 4 Key, Sherman

$155,000

21297608 MLS

Take a look at this beautiful property that is ready for your forever home to be built on! Multiple lots are available. Very private location with trees surrounding 3 of the 4 sides of this property! Sitting on 2.4 acres this property offers country living at its best. Only 15 minutes to downtown Sherman and about 10 minutes to the upcoming HEB! Culvert and entry have been installed. Water and electric are at the street. Deed restrictions - house only, 1200+ sq ft. No mobile homes, trailers, RV's, or tiny homes. Creek runs along south side of property and has a small portion in a flood plain due to the creek.

Lot 5 Key, Sherman

$89,500

21296732 MLS

Create the life you've always imagined on this beautiful 1.4-acre homesite in the peaceful countryside of Sherman, Texas. Offering the perfect blend of privacy, scenic surroundings, and everyday convenience, this exceptional property provides the space to design a custom home that reflects your lifestyle while enjoying the tranquility of country living. Imagine beginning each morning with coffee overlooking wide-open skies and ending your evenings beneath a canopy of stars. With 1.4 acres, you'll have plenty of room to build the home you've been dreaming of, complete with a workshop, pool, outdoor kitchen, gardens, or spacious outdoor living areas. Utilities are located nearby, offering convenient access as you plan your future home while preserving the natural beauty of the property. Buyers are encouraged to verify utility availability, connection costs, and installation requirements. Ideally situated just minutes from shopping, dining, schools, and major highways, this property offers the best of both worlds—peaceful country living with easy access to town. As Sherman continues to experience remarkable growth through major corporate investment and expanding infrastructure, acreage homesites like this are becoming increasingly desirable. Whether you're ready to build your forever home or invest in North Texas real estate, this property presents an exceptional opportunity. Bring your builder and your vision to create a home uniquely your own. If you've been searching for privacy, room to grow, and the freedom to build without sacrificing convenience, this beautiful 1.4-acre homesite is ready to bring your dreams to life. Schedule your private tour today and experience the possibilities waiting for you at 2524 Mountain Climb.

2524 Mountain Climb Rd, Sherman

$89,900

21295850 MLS

A unique opportunity to own a private, heavily wooded homesite in the growing Sherman area. Nestled on approximately 0.93 acres, this beautiful lot features rolling terrain, mature trees, and a peaceful country setting just minutes from Highway 75, shopping, dining, and major economic developments in Sherman. With utilities available nearby and no city zoning restrictions, the property provides excellent flexibility for a custom home, weekend retreat, barndominium, or investment opportunity. Enjoy the perfect balance of privacy, natural beauty, and convenient access to everything North Texas has to offer.

156 Mcgraw Ln, Sherman

$175,000

2 Beds ⋅ 2 Baths ⋅ 21294409 MLS

In an older, well-loved neighborhood, close to the hospital and surrounded by long-term residents who take pride in the area. It offers great bones and classic character. Inside, you’ll find original wood floors, a layout that flows easily, and a 1-car garage that currently has a wall but can be opened back up if desired. The home needs a remodel—windows, finishes, and interior updates are all original—but the major items have a head start with a 2-year-old roof and an AC unit that’s approximately 7 years old. The backyard is a highlight: nice and fully fenced, with a covered patio perfect for relaxing or future outdoor projects. If you’re looking for a solid home in a great neighborhood and aren’t afraid of a remodel, this one is full of opportunity.

626 Kessler Blvd, Sherman

$200,000

3 Beds ⋅ 2 Baths ⋅ 21291232 MLS

Investor Special... This home could be a cute, affordable home with a little work to be completed. Roof and fence is one year old. Light cosmetics including flooring and paint are in need. Large yard. Primary bedroom down with bath and two large bedrooms up with bath. Priced below market. Sold as is. This home can be purchased as a package deal with 3 other homes.

925 Holiday Dr, Sherman

$199,000

2 Beds ⋅ 2 Baths ⋅ 21291431 MLS

Charming home located in an established Sherman neighborhood! This property offers approximately 1,222 square feet of living space with 2 bedrooms and 2 full bathrooms, plus a versatile office or flex space that could easily serve as a third bedroom. Built in 1920, the home combines classic character with functional living space. The interior features a comfortable layout with spacious living and dining areas, an open kitchen, and convenient washer and dryer hookups. The home sits on a manageable lot with room for outdoor enjoyment and off-street parking. Conveniently located near downtown Sherman, shopping, dining, schools, and major highways, this property offers easy access to local amenities while maintaining a quiet residential feel. Whether you’re looking for a primary residence, rental investment, or value-add opportunity, this property offers strong potential in a growing Grayson County market. Schedule your showing today!

930 W Freeman St, Sherman

$190,000

3 Beds ⋅ 2 Baths ⋅ 21288647 MLS

Opportunity awaits at 1411 Robin Drive in Sherman, TX! This 3-bedroom, 2-bath home offers solid potential for investors, flippers, or buyers looking to create their dream home. Situated on a spacious lot in an established neighborhood with mature trees, the property features a functional layout and plenty of room for updates and customization. Conveniently located near schools, shopping, dining, and major roadways. Foundation work completed in 2021. Home is being sold AS IS.

1411 Robin Dr, Sherman

$139,000

21289481 MLS

PRICE IMPROVEMENT! This unit is one of four available on East Wall Street Invest in the thriving county seat of Sherman, TX. Just steps from the Square, you can snag one unit or all four in an area reminiscent of Dallas’s Deep Ellum—without the hefty price tag. For $139,000 you can own this delightful unit that is currently leased and is alongside local favorites like Lupe’s Tamales, Electric Tattoo, and a new upscale cocktail bar. With lively festivals and a buzzing atmosphere, East Wall Street is the spot to be.

117 E Wall St, Sherman

$45,000

21279563 MLS

Residential lot located near downtown Sherman with convenient access to shopping, dining, schools, and major roadways. Great opportunity for a future homesite or investment property in a growing area. Buyer and buyer’s agent to verify availability of utilities, zoning, restrictions, and all development requirements. Information deemed reliable but not guaranteed.

806 E Houston St, Sherman

$99,900

3 Beds ⋅ 2 Baths ⋅ 21280307 MLS

House to be sold AS IS condition, 3 bedrooms and 2 baths double wide home sits in a quite neighborhood, close to Hwy and shopping areas. large living room with fireplace, seller offer Lease Purchase and Rent to Own program available with 0 down payment, $900 monthly payment at 30 years term, $1500 attorney fee for closing documents, $2400 upfront to move in.

4507 Marshall St, Sherman

$900

3 Beds ⋅ 2 Baths ⋅ 21280302 MLS

HOUSE FOR RENT TO OWN ONLY! 3 bedrooms and 2 baths double wide home sits in a quite neighborhood, close to Hwy and shopping areas. large living room with fireplace, Lease Purchase and Rent to Own program available with 0 down payment, $900 monthly payment at 30 years term, $1500 attorney fee for closing documents, $2400 upfront to move in. house to be leased at As Is condition.

4507 Marshall St, Sherman

$199,999

3 Beds ⋅ 2 Baths ⋅ 21274074 MLS

DEVELOPER SPECIAL! Fabulous property, there is a ponding issue and the developers is offering this property below market. Get this property at an amazing price! Welcome to peaceful country living! This home offers a modern open-concept layout with abundant natural light and a functional floor plan designed for comfortable everyday living. The private primary suite features its own en-suite bathroom and spacious walk-in closet, creating the perfect retreat at the end of the day. The kitchen comes fully equipped with a refrigerator, range, dishwasher, and eat-in dining area—ideal for cooking, entertaining, or enjoying daily meals with family and friends. A cozy dining space with outdoor access flows seamlessly into the large living room, offering plenty of space for relaxing or hosting gatherings. Situated on a spacious 1-acre lot, this property provides abundant outdoor space for entertaining, relaxing, or simply soaking in the peaceful surroundings. Located in a quiet neighborhood just outside city limits, you’ll enjoy the perfect balance of convenience and tranquility with easy access to nearby towns while still embracing the privacy of rural living. Additional highlights include: • 10x10 Covered Front Deck • 10x10 Covered Back Deck • 20x20 Carport • Rain Gutters • Smart Panel Skirting • Fully Fenced Yard • Kentucky Town Water Supply as the provider • Private Septic System • No HOA • 1 year manufacturers warranty FHA, VA, USDA and Conventional Loans Welcome! All information is deemed reliable, and the buyer and buyer’s agent are responsible for verifying all information, including but not limited to the status of construction of the home, lot dimensions, easements, school district, and subdivision restrictions. It is the responsibility of the buyer(s) and the buyer(s) agent to verify the status of completion prior to scheduling site inspections. Photos have been altered and staged with AI actual home may vary.

1206 Hayes Rd, Sherman

$59,900

21240815 MLS

Lot with Strong Residential Potential. This level lot is ready for development and positioned for a straightforward build. Mature trees are thoughtfully spaced across the property, offering both character and natural shade. A storm shelter is already installed at the rear, and a partial fence adds immediate utility. Location is highly practical, situated near shopping, schools, entertainment, golf, parks, making it well-suited for a primary residence or investment build.

504 S Branch St, Sherman

$196,900

3 Beds ⋅ 2 Baths ⋅ 21274774 MLS

Located on the desirable west side of Sherman, this charming 3-bedroom, 1.5-bath brick home is full of original 1960s character and timeless appeal. From the moment you enter, you’ll appreciate the beautiful hardwood floors, original kitchen cabinetry, and the warm nostalgic feeling that brings back memories of visits to Grandma’s house. Whether you're a first-time home buyer searching for a solid place to call home or someone who appreciates vintage charm and rustic character, this home offers endless potential. Enjoy your morning coffee from either the welcoming front porch or the peaceful back porch while taking in the quiet neighborhood setting. Built with good bones and priced right from the start, this home also features a spacious two-car garage to keep your vehicles protected from Texas storms. Conveniently located near shopping, dining, schools, and everything Sherman has to offer. No survey is available. Buyer will need to purchase one if required. Call your favorite REALTOR® today and come take a look at this little gem before it’s gone!

1119 W Mcgee St, Sherman

$155,000

3 Beds ⋅ 2 Baths ⋅ 21277616 MLS

Clean, move-in ready property. This 3 bedroom, 2 bathroom home has brand new paint, flooring, and a brand new roof! Cute as a button. Schedule your showing today.

627 E Pacific St, Sherman

$32,000

21277272 MLS

1721 N Hoard St in Sherman offers a prime vacant lot that is cleared and ready for its next home to be built. This property is a convenient location perfect for creating your ideal residence, making it a great opportunity to bring your vision to life or build your next investment.

1721 N Hoard Ave, Sherman

$74,000

21275855 MLS

Build-ready opportunity in the heart of Sherman! This residential lot at 1303 S. Walnut Street offers a great chance for builders, investors, or buyers looking to create a custom home in an established area close to downtown Sherman, shopping, dining, and major highways. Seller states city-approved plans are available and will convey with the property, helping streamline the building process and saving valuable time and upfront planning costs. Utilities nearby. Whether you’re looking for your next investment project or a future homesite, this property offers strong potential in one of North Texas’ rapidly growing‌‌‌‌‌‌‌‌‌‌‌‌ markets.

1303 S Walnut St, Sherman

$164,900

3 Beds ⋅ 2 Baths ⋅ 21277422 MLS

Welcome to this charming 1930 bungalow nestled in the heart of Sherman! Full of character and warmth, this 3-bedroom, 2-bath home beautifully blends timeless charm with thoughtful updates. Original hardwood floors have been recently refinished, adding warmth and personality throughout the home, while newly installed energy-efficient windows help keep utility costs low year-round. Inside, you’ll find an inviting layout with natural woodwork, an open living space, and a cozy wood-burning fireplace that makes the home feel instantly welcoming. Situated on a spacious lot with alley access and covered parking, this property offers both functionality and charm. Conveniently located near parks, schools, shopping, dining, and everything growing Sherman has to offer, this home is perfect for first-time buyers, investors, or anyone looking to enjoy the character of an established neighborhood with easy access to modern amenities. Call your favorite agent today and schedule your private showing!

608 S Loving Ave, Sherman

$50,000

21274897 MLS

Small lot inside the city limits of Sherman Texas. Great location in the heart of Sherman TX. Contact the city for information on building requirements and restrictions. Motivated seller. Bring an offer! Buyer and buyers agent to verify all information and school districts.

Tbd E Odneal St, Sherman

$116,999

21274184 MLS

Please note- seller has lowered the price several times and are now firm at the asking price. This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in the well-established neighborhood of Canyon Creek, the property features 2.12 acres of wooded terrain with public utilities available. Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to nearby amenities and city conveniences. Whether you’re looking for a private retreat, a development opportunity, or a long-term investment, this lot provides the flexibility and location to suit your needs. Listing is for land only and comes As Is.

1801 W Lamberth Rd, Sherman

$149,500

21273691 MLS

Located in one of Sherman’s most established and desirable neighborhoods, this spacious 1.55-acre corner lot offers an exceptional opportunity to build a custom single-family home with room to breathe. The property provides a peaceful residential setting while remaining just minutes from shopping, medical offices, and everyday conveniences. Families will love the proximity to a scenic waterfront park featuring two playgrounds, an open-air amphitheater, and fishing areas—perfect for weekend outings and outdoor fun. Situated just minutes from the Heritage Ranch master-planned community, which will include a new elementary school, retail and entertainment options, and a $400 million acute care hospital set to break ground in 2026. With generous space for a backyard oasis, guest house, or even a workshop, this property offers the flexibility to create a home that fits your lifestyle today and grows with your family tomorrow. It’s a rare chance to enjoy the charm of an established neighborhood while investing in Sherman’s exciting future growth.

2217 Norwood St, Sherman

$70,000

21272699 MLS

**MOTIVATED SELLER ALL OFFERS WILL BE REVIEWED** **SELLER FINANCING AVAILABLE WITH 50% DOWN, 10% FOR UP TO 60 MONTHS FOR REMAINING BALANCE** The Sky Is The Limit With This Deep, Oversized Lot Sitting On Over Half An Acre Near Austin College. This Heavily Treed Property Gives You The Opportunity To Create Your Own Privacy And Build The Perfect Setup From The Ground Up. Whether You Want To Build A Cozy Bungalow, A Student Rental, Or A Cash-Flowing Investment Property, This Lot Gives You Plenty Of Room And Flexibility. Located In A Growing Area Of Sherman, This Property Is Close To Shopping, Dining, Entertainment, And Local Attractions Including Target, Dillard’s, Kohl’s, Belk, Urban Air Trampoline And Adventure Park, Waterloo Park, Harber Wildlife Museum, And The Splash Family Aquatic Center. Competitively Priced And Full Of Potential, This Is A Great Opportunity To Build Your Ideal Home Or Investment Property In A Community That Continues To Grow.

Tbd E Tuck St, Sherman

$50,000

1 Beds ⋅ 1 Baths ⋅ 21265733 MLS

Opportunity awaits on this generously sized property offering exceptional potential for redevelopment, investment, or a complete renovation project. The property includes an existing 1-bedroom, 1-bath home that will require substantial repairs and updates to restore habitability. Utilities are currently off and the structure is being sold as-is. Buyers and agents should use caution when entering the property. With land value at the forefront, this is an ideal chance to build new, reimagine the existing footprint, or secure a property with future potential in a growing area. Bring your vision and explore the possibilities this unique property has to offer. Interior measurements are estimates.

1407 E Wells Ave, Sherman

$149,000

21267580 MLS

PRICE IMPROVEMENT! Invest in the thriving county seat of Sherman, TX. Just steps from the Square, you can snag one unit or all four in an area reminiscent of Dallas’s Deep Ellum—without the hefty price tag. For $169,000, own a unit currently leased to a popular Boba Tea shop, right alongside local favorites like Lupe’s Tamales, Electric Tattoo, and a new upscale cocktail bar. With lively festivals and a buzzing atmosphere, East Wall Street is the spot to be.

115 Wall St, Sherman

$30,000

21266884 MLS

Nice and clean empty lot one block away from Wilson N. Jones hospital located in mature Sherman neighborhood.

301 N Mckown Ave, Sherman

$88,000

21265165 MLS

Rare opportunity to secure a premium corner lot in one of Sherman’s most sought-after luxury communities, Heritage Crossing. This oversized corner lot offers added privacy, extra space, and endless curb appeal potential for your custom dream home. Nestled in West Sherman and zoned to the highly rated S&S ISD, you have the freedom to bring your own builder with no PID and no MUD. All infrastructure is fully in place including streets, curbs, sewer, water, electricity, and gas, with the final plat filed and approved by the City of Sherman. Your lot is prepped, ready to build, and there is no minimum build time. The neighborhood features rolling hills, mature trees, green spaces, and elegant streetscapes. Ideally located between Heritage Pkwy and Hwy 289 with quick access to US-75, you are minutes from Sherman’s expanding tech corridor including the TI and GlobiTech campuses, upcoming retail and dining at Sherman Crossroads, Dean Gilbert Lake, the 18-hole disc golf course, Pecan Grove West Park and Athletic Complex, and the new Sherman High School. With limited premium lots remaining and demand rising fast, do not miss your chance to own this exceptional corner homesite in one of North Texas’s fastest-growing and most prestigious neighborhoods.

2715 Stonecrest Dr, Sherman

$65,000

21261535 MLS

Build your vision on this residential lot located at 500 E Evergreen St in Sherman. Nestled in an established neighborhood with a blend of existing homes and new development, this property offers a great opportunity for builders, investors, or future homeowners. Convenient access to local schools, shopping, dining, and major routes, including U.S. Highway 75, provides added accessibility for commuting and everyday living. Sherman continues to see steady growth, making this a great option for those looking to invest in an expanding area.

500 E Evergreen St, Sherman

$59,000

21258991 MLS

Prime opportunity in fast growing Sherman Tx! This lot offers the perfect setting to build your dream home or invest! Buyers and buyers agent responsible for verifying all regarding this property.

720 S Montgomery St, Sherman

$75,000

21255460 MLS

THIS A OVER QUARTER OF AN ACRE LOT IS READY FOR YOU TO BUILD YOUR NEW HOME IN A VERY NICE NEIGHBORHOOD,CLOSE TO EVERYTHING INCLUDING DOWNTOWN SHERMAN, PLEASE TAKE A LOK OF IT,WON'T LAST LONG.

712 E Olive St Unit 718, Sherman

$91,806

21253903 MLS

Welcome to Heritage Crossing II! Build your dream home at 1817 Drexel Drive, a .38-acre oversized, individually platted homesite in one of Sherman’s growing and desirable areas. All infrastructure is in place, including streets, curbs, sewer, water, electricity, and gas. Final plat has been filed and approved with the City of Sherman, making this lot ready for immediate development. Conveniently located in West Sherman between Heritage Parkway and Hwy 289, the community offers easy access to Hwy 75, shopping, dining, grocery stores, and everyday conveniences. Just minutes from Sherman’s 18-hole disc golf course, Dean Gilbert Lake, and Pecan Grove West Park & Athletic Complex. Sherman has recently been recognized among the nation’s fastest-growing metropolitan areas, adding to the long-term appeal of this opportunity. Ideal for a builder, investor, or future homeowner. Contact listing agent for more information.

1817 Drexel Dr, Sherman

$120,000

4 Beds ⋅ 2 Baths ⋅ 21252777 MLS

Investor special AS IS in the heart of Sherman, TX 75090, a rare opportunity to finish out a high potential project where the heavy lifting is already done. This 4 bedroom, 2 bath home with 2,093 sq ft sits on a 6,638 sq ft lot and is ready for your vision. Major upgrades are complete, including a new roof, professionally stabilized foundation, and newly built front porch, eliminating some of the biggest renovation expenses. The home is now in the finish out phase, allowing you to choose flooring, paint, and kitchen, bath finishes to maximize value. Electrical has a new board with partial rewiring, HVAC ductwork is in place with partial upstairs install, and plumbing has begun with drains and vents, ready for completion. The spacious layout supports a desirable 4 bedroom configuration, ideal for resale or rental income. With easy access to Hwy 75, commuting to the DFW Metroplex is simple, while nearby schools, shopping, and dining add everyday convenience. Located in a rapidly growing market fueled by major employers like Texas Instruments and GlobiTech, this property offers strong upside potential. Whether you’re flipping or holding, this is a strategic investment opportunity in a high growth area. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

1027 E Lamar St, Sherman

$199,499

3 Beds ⋅ 2 Baths ⋅ 21248712 MLS

LENNAR - Luella Crossing - Oakridge Floorplan

3912 Superior Pl, Sherman

$88,970

21247388 MLS

Welcome to beautiful Heritage Crossing 2 in Sherman, TX, one of the fastest growing communities in North Texas! Build your dream home on this fantastic .27 acre, individually platted lot. All infrastructure is in place including streets, curbs, sewer, water, electricity and gas. Final plat has been filed and approved with the City of Sherman. Situated in W Sherman between Heritage Pkwy and Hwy 289, Heritage Crossing is perfectly located near fantastic shopping, grocery stores, restaurants and provides easy access to Hwy 75. Lots are prepped, ready and available to be built on. Within a 3 minute drive to Sherman's 18 hole disc golf course, Dean Gilbert Lake, and Pecan Grove West Park and Athletic Complex. An incredible opportunity for a builder or investor. Lots in this subdivision are selling quickly. Reach out to listing agent for more information.

1809 Heritage Creek Dr, Sherman

$105,930

21247344 MLS

Welcome to Heritage Crossing II! Build your dream home at 1712 Heritage Knoll Drive, a .391-acre oversized, individually platted homesite in one of Sherman’s growing and desirable areas. All infrastructure is in place, including streets, curbs, sewer, water, electricity, and gas. Final plat has been filed and approved with the City of Sherman, making this lot ready for immediate development. Conveniently located in West Sherman between Heritage Parkway and Hwy 289, the community offers easy access to Hwy 75, shopping, dining, grocery stores, and everyday conveniences. Just minutes from Sherman’s 18-hole disc golf course, Dean Gilbert Lake, and Pecan Grove West Park & Athletic Complex. Sherman has recently been recognized among the nation’s fastest-growing metropolitan areas, adding to the long-term appeal of this opportunity. Ideal for a builder, investor, or future homeowner. Contact listing agent for more information.

1712 Heritage Knoll Dr, Sherman

$105,930

21247233 MLS

Welcome to Heritage Crossing II—an outstanding opportunity to build, invest, or develop in one of North Texas’ most exciting growth markets. Located at 1708 Heritage Knoll Drive, this oversized .474-acre individually platted homesite offers the space, flexibility, and potential that are increasingly hard to find. Positioned in booming Sherman, Texas, recently recognized among the 30 fastest-growing metropolitan areas in the nation by the U.S. Census Bureau, this property is perfectly timed for those looking to capitalize on the area’s rapid expansion and rising demand. All infrastructure is already in place, including streets, curbs, sewer, water, electricity, and natural gas, with the final plat filed and approved by the City of Sherman. The lot is fully prepped, shovel-ready, and ready for immediate construction. Ideally located in West Sherman between Heritage Parkway and Highway 289, Heritage Crossing II offers convenient access to US-75, premier shopping, grocery stores, restaurants, and everyday amenities. Just minutes away are local favorites including Sherman’s 18-hole disc golf course, Dean Gilbert Lake, and Pecan Grove West Park & Athletic Complex. Whether you’re a builder seeking inventory, an investor targeting growth, or a homeowner ready to create something special, this is a rare chance to secure premium land in a rapidly appreciating area. Contact listing agent for details.

1708 Heritage Knoll Dr, Sherman

$154,500

2 Beds ⋅ 1 Baths ⋅ 21245435 MLS

Updated Brick move-in ready starter home in West Sherman, TX! This charming brick home sits on a quiet block west of Hwy 75 and boasts a complete renovation in 2020 with additional updates in 2024! The house is freshly painted and features the original hardwood floors, complemented by luxury vinyl plank in the kitchen. The updated kitchen includes butcher block countertops and stainless steel appliances. Additional features include a utility closet with washer dryer hookups, central HVAC, a one-car attached garage, and a fenced-in yard. The home also benefits from a new roof installed in 2023. Located just minutes from Hwy 75, restaurants, and shopping, this home is ideally situated for convenience and comfort.

716 Kessler Blvd, Sherman

$94,900

21244412 MLS

Outstanding and rare opportunity to create your own slice of Heaven in a small, beautiful neighborhood just minutes from Sherman. Exceptional location- a few minutes to coming-soon HEB, restaurants, Texas Instruments, Howe HS and highway access. Very small, quiet neighborhood with no through traffic. Beautiful views of the city and countryside await you. Limited restrictions, water and electric available. This is a private neighborhood, must call agent to view.

Tbd Spring Hill Lane Ln, Sherman

$850

21236505 MLS

One plus acres lot with all utilities for RENT. bring your Mobile homes, Tiny homes, cabins or RV for long term lease. Water meter, electric and a new dedicated aerobic system, and private driveway already in place. Minimal restrictions.

1123 Tribble Rd, Sherman

$135,000

21231578 MLS

Build your dream home on a spacious 1-acre homesite offering the perfect blend of country charm and modern convenience. The lot is cleared and ready for development, with a water meter included. Enjoy peaceful evenings and stunning Texas sunsets in the country, while still just minutes from town and everyday amenities. Whether you're ready to build now or planning for the future, this property provides the space and flexibility to bring your vision to life with plenty of room for a shop. The seller is also a builder and available to help design and construct your custom dream home, tailored to your lifestyle and preferences, if you desire. Minutes from the thriving community of Sherman with businesses, restaurants, shopping, and entertainment options. Don’t miss your chance to create the home you’ve always imagined in a location that truly has it all. Seller also has other lots available.

Tbd Schneider Rd, Sherman

$39,000

21234099 MLS

Residential lot in East Sherman available, sitting between two other residential properties. Located near the new Crutchfield Elementary, Hawn park and The Sherman Municipal Airport.

484 S Dewey Ave, Sherman

$27,500

21230665 MLS

Vacant lot offering great potential for future development or investment, priced at $27,500. This MLS #21230665 and MLS #21230651 must be sold together. Convenient location with easy access to surrounding amenities. Great opportunity to acquire multiple parcels as a package deal.

Tbd E Richards St, Sherman

$27,500

21230651 MLS

Vacant lot offering great potential for future development or investment, priced at $27,500. This MLS #21230651 and MLS #21230665 must be sold together. Convenient location with easy access to surrounding amenities. Great opportunity to acquire multiple parcels as a package deal.

622 S First St, Sherman

$188,500

2 Beds ⋅ 2 Baths ⋅ 21228611 MLS

NO HOA + Updated + Minutes from Austin College—this is the one is one you dont want to miss! Welcome to this move-in ready home in Sherman, TX featuring 2 bedrooms, 2 bathrooms, a 2-car garage, and a spacious lot in a highly convenient location. Whether you're a first-time buyer, investor, or looking for a great home for a great price this home checks all the boxes. This home has been beautifully refreshed with new flooring throughout, creating a clean and modern feel from the moment you walk in. The updated kitchen boasts new countertops, cabinetry, and appliances, making it the perfect space for cooking, entertaining, or everyday living. The bathrooms have been thoughtfully renovated with stylish, updated finishes. Enjoy a functional layout with comfortable bedroom spaces, and plenty of natural light. Step outside to a large backyard with room to relax, entertain, or expand, plus a storage shed for added convenience. The 2-car garage provides ample parking and additional storage space. If you're searching for a move-in ready home in Sherman with updates, space, and investment potential, this is one you don’t want to miss.

406 N Burdette Ave, Sherman

$161,000

21228910 MLS

Build your dream home or next investment project on this spacious 1-acre lot located at 2915 Cathleen Ln in the highly desirable Wilsonwood Estates community. Surrounded by well-maintained custom homes on large acreage lots, this property offers the perfect blend of privacy, space, and upscale neighborhood appeal. Situated in a quiet, established area, this residential lot provides a rare opportunity to build in a neighborhood where surrounding homes are already commanding strong values. Enjoy the flexibility to design a custom home, incorporate a guest house, or create a multi-generational living setup—options that are already proven in the neighborhood. The generous lot size allows for outdoor living features such as a pool, workshop, or additional structures, making it ideal for both homeowners and investors. Conveniently located just minutes from shopping, dining, and major highways, while still offering a peaceful, country-style setting.

2915 Cathleen, Sherman

$200,000

4 Beds ⋅ 2 Baths ⋅ 21228891 MLS

Bids start at $200k. ***** LOCATION LOCATION LOCATION!!!! Beautiful 4 bedrooms 2 bath immaculate single family detached home! Amazing remodel almost like new. Wonderful opportunity to own an updated single family that features include laminate flooring throughout. Chef's kitchen offers quartz countertops, new dishwasher, stainless steel appliances. New roof, new windows, new HAVC with the AC unit as well and much more. You MUST see it. Won't las long. The home is move in ready submit your offer.

808 N Montgomery St, Sherman

$115,000

21226978 MLS

Looking for 2 acres in a private area? Come build your New Home, seller has 2 acres ready from his property, surveyed out with utilities at the road and requires septic and water permit. Drive by & see property. Please log through BrokerBay

Tbd Snap Rd, Sherman

$145,000

2 Beds ⋅ 1 Baths ⋅ 21225932 MLS

BELOW MARKET VALUE INVESTOR OPPORTUNITY - Charming 2-bedroom, 1-bath home featuring modern upgrades and a beautiful deck overlooking your spacious backyard—perfect for comfortable living, entertaining, or investment potential. This inviting home offers a great blend of style, functionality, and low-maintenance living, making it ideal for first-time buyers, downsizers, or investors seeking a solid rental opportunity. Step inside to find durable luxury vinyl plank flooring throughout (NO CARPET!) The updated kitchen features stainless steel appliances, modern cabinetry, and ample counter space—perfect for everyday cooking and appeal. The open and welcoming living areas create a seamless flow, making it easy to relax or entertain guests. The primary bedroom is complete with a spacious walk-in closet while the secondary bedroom offers flexibility for a home office, guest space, or flex space to fit your needs. Step outside to enjoy the backyard deck overlooking your spacious private backyard—an ideal space for outdoor dining, entertaining, or relaxing. With its updated features and functional layout, this property presents a strong opportunity as a rental investment or long-term home. Conveniently located near shopping, dining, and major highways, it offers both lifestyle convenience and investment potential. This property is also offered as part of an Investor Package Deal.

405 N Carr Ave, Sherman

Browse All Sherman TX Under $200K Properties for Sale

Under $200K Sherman Real Estate