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Financing available

$215,000

1516 E Peyton, Sherman, TX 75090

3
beds: 1
baths: 1,398
sqft

Est. with seller financing: $1,657/mo

Single-family
Built in 1955
14,244 sq ft lot
$154/sqft
Grayson County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Completely renovated from top to bottom, this 3-bedroom home at 1516 E Peyton Street in Sherman, Texas has a brand-new foundation, new roof, updated plumbing, and modern finishes throughout, so the big-ticket work is already done. It sits on a sprawling 0.327-acre corner lot in Grayson County, with a backyard big enough to dream big: think weekend cookouts, garden beds, a play set, or even a future pool. Buyers will also love the built-in equity — this home is priced an incredible $37,000 below its Grayson County appraised value. The location seals the deal, with Walmart Supercenter and Sam’s Club just a quick 7–10 minute drive away on US-75, putting everyday errands and shopping right at your fingertips. A fully updated home, a huge corner lot, and instant equity all in one package — opportunities like this don’t last long in Sherman, TX. Schedule your private tour today!

Facts & features

Interior

Features

High Speed Internet
Cable Tv
Wired For Sound

Appliances

Dishwasher
Disposal
Gas Range
Microwave
Tankless Water Heater

Fireplace

Fireplaces: 1
Gas Log

Exterior & lot

Construction

Style: Detached
Stories: 1

Parking

Garage spaces: 2
Asphalt
Door Multi
Garage Faces Front
Garage
Garage Door Opener
Oversized

Community

Neighborhood

Subdivision: Highland Park 1st Add

Schools

District: Sherman ISD
Elementary: Crutchfield
Middle: Sherman
High: Sherman

Financial & listing details

Listing

Price per sq ft: $154
County: Grayson
Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$1,657/mo

Down payment10% ($21,500)10%20%

Check Your Financing Options

Principal & interest: $1,557/mo
Property taxes: Not available
Homeowners insurance (est.): $100/mo

Loan amount: $193,500
Seller financing rate (est.): 9.00%
Term: 30-year fixed

Powered byDoorly

This estimate uses our seller financing program's rate. Taxes are from listing data (not available for this home) and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

Location

Your next home may have more than one path to ownership.

Powered byDoorly

Finding the right home is half the equation. Financing that works for your situation is the other half. This home may be eligible for our seller financing, also called owner financing, an option for buyers a traditional mortgage hasn't worked for.

It may be worth a look if you:

Available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly. All financing is subject to underwriting, eligibility, program guidelines, and approval.

Check Your Financing Options

How our financing program works

1
Get qualified
Answer a few quick questions and see the down payment you'd need. It takes about a minute and doesn't pull your credit.
2
Make it your home
Once you're approved, our lending partner buys the home from the seller at closing. The seller is paid in full and never carries a loan.
3
Own it
It resells the home to you at the same closing, with financing, so the title is in your name.

This is different from traditional seller financing, where the seller lends you the money. See the full requirements

Listing courtesy of Ethan Yonas, Monument Realty · MLS #21313049 · 214-705-7827

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. MLS status: Active (available for sale). Information is deemed reliable but not guaranteed and should be independently verified. NTREIS data is for viewing on this site only and may not be reproduced or redistributed. Last updated Oct 9, 2026.