NOT LISTED FOR SALE

2229 Spalding Rd Sherman, TX 75092

Estimated Value: $394,699

5 Acres
$78,940 Price per Acre
217,800 Sq Ft Lot

Last Sold August 30, 2023

Current estimated payment $2,633/month

7 Days on Market

About This Lot

As of August 2023

Prime location with highway 82 road frontage!! Beautiful vacant land ideal for investment or potential future development. Great visibility and endless opportunities!! Only 10 minutes west of Sherman's Town Center, 20 miles from new Texas Instruments semiconductor plant, and 60 miles north of Dallas. New Dallas North Tollway in Grayson County is anticipated to be built about 3 miles east. Don't miss out on this opportunity! Go check it out today.

Last Agent to Sell the Property

Stacey Olmstead

PARAGON, REALTORS Brokerage Phone: 903-893-8174 License #0480076 Listed on: 08/01/2023

PARAGON, REALTORS

Last Buyer's Agent

Iva Walterscheid

Newland Real Estate, Inc. License #0771379

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,847

Lot Details

  • 5 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Few Trees

Schools

  • S And S Elementary And Middle School
  • S And S High School

Utilities

  • No City Services

Community Details

  • W M Gibson Surv Abs #470 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 119446
  • $3,252 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$5,847

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 903-893-8174
  • Special Features: None

Exterior Features

  • Easements: Water Lines
  • Fencing: None
  • Soil Type: Unknown
  • Waterfront: No
  • Road Assessment Y N: No
  • RoadFrontageType: County Road, Highway
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: All Weather Road, No City Services

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Zoned

Schools

  • School District: S and S Cons ISD
  • Elementary School: S And S
  • Middle School: S And S
  • High School: S And S
  • School District: S and S Cons ISD
  • Elementary School: S And S

Lot Info

  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Few Trees, Level
  • Lot Size Units: Acres
  • Lots Sold Package: 1
  • Lot Size Area: 5.0000
  • Parcel Number: 119446
  • Lot Size Acres: 5.0000
  • Lot Size Sq Ft: 217800.0000
  • Subdivided: No
  • Zoning Description: residential
  • Possible Use: Agricultural, Development, Investment, Residential, Unimproved
  • Present Use: Vacant

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 1

Tax Info

  • Unexempt Taxes: 3252
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: S And S
  • Elementary School Name: S And S
  • High School Name: S And S

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 30, 2023
Sold by
Opi Tex Oma Llc
Bought by
Darani Investment Group Llc
Seller's Agent
Stacey Olmstead
PARAGON, REALTORS
Buyer's Agent
Iva Walterscheid
Newland Real Estate, Inc.
List Price
$390,000
Views
10
Current Estimated Value
$394,699

Purchase Details

Closed on
Jan 17, 2007
Sold by
Brown Phillip M and Brown Pamela J
Bought by
Jennings Michael L and Jennings Brigitte
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Darani Investment Group Llc -- Red River Title
Jennings Michael L -- Security Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold -- -- --
08/09/2023 08/09/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $390,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,847 $392,589 $392,589 --
2024 $5,847 $392,589 $392,589 $0
2023 $5,685 $381,150 $381,150 $0
2022 $3,252 $193,842 $193,842 $0
2021 $2,371 $125,000 $125,000 $0
2020 $1,761 $90,000 $90,000 $0
2019 $1,193 $56,265 $56,265 $0
2018 $922 $47,482 $47,482 $0
2017 $880 $45,000 $45,000 $0
2016 $733 $37,500 $37,500 $0
2015 $0 $35,000 $35,000 $0
2014 -- $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20393416

North Texas Real Estate Information Systems (NTREIS)

APN: 119446