811 N Elm Street, Sherman, TX 75090

Address: 811 N Elm Street, Sherman, TX 75090

Asking Price: $175,000

ARV: $315,000

Beds/Baths: 4 / 3

Sq Ft: 2,008

Lot Size: 0.26 Acres

Year Built: 1905

Listing Status: Off Market

Occupancy: Vacant - Lockbox

Condition:

- Fully remodeled about 8 years ago

- Mostly cosmetic work needed

- Electrical, plumbing, and a few foundation repairs need attention

Highlights:

- Strong spread between asking price and ARV

- Vacant with lockbox access for easy showings

- Large 4/3 layout with 2,008 sq ft

- 0.26 acre lot in Sherman

- Mostly cosmetic value-add with key system repairs needed

- Off market deal with clear upside for investors

Comps:

- Suggested Price: $315,000 | Avg: $160.35/sqft

- 623 N Walnut St, Sherman TX 75090 - Sold for $290,000 | 1,854 sq ft | 3 bed / 2 bath | 0.413 acres | Sold 06/12/26

- 823 W Fischer St, Sherman TX 75092 - Sold for $285,000 | 1,748 sq ft | 3 bed / 2 bath | 0.00 acres | Sold 12/15/25

- 314 W Mcgee St, Sherman TX 75092 - Sold for $257,900 | 1,596 sq ft | 3 bed / 2 bath | 0.166 acres | Sold 07/11/25