152 Pennell Road
About This Property
Designed for those seeking a rural lifestyle without sacrificing convenience, the property includes two storage areas, and a covered parking area. Its ideal for hobby farming, homesteading, or enjoying fresh eggs right from your backyard. Relax under the shade of the mature trees, enjoy the open space, and embrace the peaceful setting this property offers.
Located within the highly regarded Tom Bean ISD, this property combines the benefits of country living with access to a strong community and excellent schools. Whether you're looking for a place to raise a family, start a hobby farm, or simply enjoy a quieter way of life, this property offers endless possibilities.
Conveniently located just minutes from Sherman, you'll enjoy easy access to shopping, dining, and major highways while still having the privacy and tranquility of a rural setting.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | No longer available | - | |
| No longer available | |||
| Jul 22, 2026 | Price Decreased |
$215,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Fathom Realty LLC | $220,000 | |
| Listed by Fathom Realty LLC | |||
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by C-21 DEAN GILBERT, REALTORS | $215,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
| | |||
|
This spacious rural home sits on 1 acre of gorgeous land with a wooden privacy fence surrounding the entire property. Each room has great natural light and warm inviting spaces. A nice bonus to this home is the professionally installed whole home water system, refrigerator, microwave, electric range stove, and the washer and dryer. This home is move in ready and with an ASSUMABLE FHA LOAN! All of this within minutes of Downtown Sherman, Austin College, US HWY 75, Hwy 82, Lake Texoma, and Hagerman National Wildlife Refuge. Also just minutes away from the new 35 billion plus dollar simi-conductor chip factories and other factories being built NOW and opening soon! This is the largest commercial building project in the history of Texas. Get in now before our prices go up up up! You can skip the high interest rates, this home has a low-rate assumable FHA loan! Schedule a viewing today!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017