808 S Austin Street Exceptional opportunity in a prime Sherman location near major Planned Developments. Situated on nearly one acre and within walking distance to historic downtown Sherman, this property offers a rare blend of location, land, and income potential. This home features three separate living areas, two bedrooms upstairs, and a spacious primary bedroom on the main level, creating flexible income producing opportunities for future reconfiguration. Income producing interior and take advantage of income producing with the large lot. The expansive lot provides ample room for creative use such as building TINY HOMES on this lot which is also able to be zoned Commercial if you would like to generate additional income. Imagine expanding the detached garage into a parking lot for your customers. Generate a PadSplit with 3 living areas and 3 bedrooms and I can show you how. Setup corporate housing for medical, student residence, or manufacturing with GlobiTech, Texas Instruments, Emerson, or other manufacturing companies. Additional highlights include solar panels, multiple storm or tornado shelters. Advertise on the Billboard just at your backyard. Choctaw Casino is just 27 miles north on Hwy 75. The land itself is worth so much much more. Opportunities like this close to downtown with nearly an acre are increasingly rare. Schedule a showing to fully appreciate the possibilities.