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Grayson, US
Compact Bungalow on Oversized Lot – Ideal for Flip or Rental
This 1952-built, 765 sq ft home sits on an oversized 8,880 sq ft lot in a quiet Sherman neighborhood. Featuring a 1-bedroom, 1-bath layout on a concrete slab with electric heating and city utilities, the home is basic but ripe for improvement. No HOA and off-market status provide flexibility for investors. The footprint allows for either an affordable renovation or a potential expansion. With strong per-square-foot values in the area, even modest upgrades—like updated appliances, refreshed finishes, or landscaping—could yield healthy returns. Ideal as a starter home, rental, or Airbnb with the right value-add touches.
Courtesy Of: eXp Realty LLC
Feature Highlights
- Dining Room
- Family Room
General Features
- Garage:
- Driveway,Garage,Garage Faces Front,Garage Single Door
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Fairview
- Middle School:
- Sherman
- High School:
- Sherman
Interior Features
- Beds Total:
- 1
- Room Count:
- 2
- Number Of Living Areas:
- 1
- Number Of Dining Areas:
- 1
- Interior Features:
- Cable TV Available,High Speed Internet Available
- Heating:
- Central,Electric
- Baths Full:
- 1
Exterior Features and Amenities
- Lot Features:
- Corner Lot,Few Trees
- Lot Size:
- Less Than .5 Acre (not Zero)
- Lot Size Area:
- 0.2040
- Lot Size Units:
- Acres
- Exterior Features:
- Covered Patio/Porch
- Parking Features:
- Driveway,Garage,Garage Faces Front,Garage Single Door
- Subdivision Name:
- Shannon Heights Addnreplt
Utility Information
- Utilities:
- City Sewer,City Water
Financial
- Unexempt Taxes:
- $2,709.00
- Tax Legal Description:
- SHANNON HEIGHTS ADDN(REPLT), BLOCK 17, LOT 1,
- Transaction Type:
- For Sale
Other Features
- Will Subdivide:
- No
- Year Built Details:
- Preowned
- Structural Style:
- Single Detached
- Possession:
- Closing/Funding
- Parcel Number:
- 157967
- Construction Materials:
- Brick
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Data last updated: 2025-07-16.
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