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Financing available

$499,000

416 S Elm Street, Sherman, TX 75090

5
beds
4.5
baths
3,190
sqft

Est. with seller financing: $4,389/mo

  • Single-family
  • Built in 2025
  • 14,854 sq ft lot
  • $156/sqft
  • Grayson County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Nestled in the heart of Sherman's vibrant and revitalized downtown, 416 S Elm St is a stunning newly constructed home that perfectly blends modern design with thoughtful functionality. With two primary suites and three additional rooms, this home offers an abundance of space for both comfortable living and entertaining. The kitchen is a showstopper, designed for culinary enthusiasts and home entertainers alike. Picture yourself around the expansive quartz-topped island, surrounded by sleek floor-to-ceiling cabinetry, a gas cooktop, and plenty of storage to keep everything organized and within reach. The open-concept living area flows effortlessly, featuring large windows that frame serene backyard views and create an inviting indoor-outdoor connection. The first-floor primary suite is a true retreat, offering a spa-inspired ensuite bath with a separate shower and a large walk-in closet. Upstairs, you'll find a second living area that elevates the home’s entertainment potential—complete with a wet bar and walk-out balcony for enjoying sunsets or hosting guests. The second-floor primary suite also delivers luxury, featuring its own private bath and walk-in closet. Step outside to discover a sprawling backyard shaded by mature trees, a peaceful oasis perfect for relaxation, play, or future outdoor projects. Unbeatable location within walking distance to downtown Sherman’s shops, restaurants, and entertainment, plus quick access to highway for easy commutes. This home offers the best of both convenience and lifestyle. Schedule your showing today!

Facts & features

Interior

Features

  • Built In Features
  • Chandelier
  • Decorative Designer Lighting Fixtures
  • Eat In Kitchen
  • Granite Counters
  • High Speed Internet
  • Kitchen Island
  • Multiple Master Suites
  • Open Floorplan
  • Pantry
  • Vaulted Ceilings
  • Walk In Closets

Heating & cooling

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fans, Electric

Flooring

  • Tile
  • Wood

Appliances

  • Some Gas Appliances
  • Built In Refrigerator
  • Dishwasher
  • Gas Cooktop
  • Disposal
  • Gas Water Heater
  • Microwave
  • Plumbed For Gas

Laundry

  • Washer Hookup
  • Electric Dryer Hookup
  • Laundry In Utility Room

Exterior & lot

Features

  • Balcony
  • Private Yard
  • Rain Gutters

Construction

  • Style: Traditional, Detached
  • Stories: 2
  • Roof: Composition
  • Foundation: Slab
  • Materials: Stone Veneer

Parking

  • Garage spaces: 2
  • Garage Faces Front
  • Garage
  • Garage Door Opener

Lot

  • Back Yard
  • Interior Lot
  • Lawn
  • Landscaped
  • Sprinkler System
  • Few Trees

Community

Neighborhood

  • Subdivision: Medina Addition

Schools

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

Financial & listing details

Listing

  • Price per sq ft: $156
  • County: Grayson
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$4,389/mo

Principal & interest
$3,614/mo
Property taxes
$542/mo
Homeowners insurance (est.)
$233/mo
Loan amount
$449,100
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 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.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

Listing information

Listing courtesy of

Erin Pickard

Compass RE Texas, LLC

469-485-7806

MLS #
21246284

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. Information is deemed reliable but not guaranteed and should be independently verified. Last updated Oct 9, 2026.

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Seller financing for this home is 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.

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