$250,000
SOLD MAR 12, 2025
Last list price

4985 Gibbons Rd Sherman, TX 75092

9 Acres
$27,951 Price per Acre
389,609 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

314 Days on Market

Highlights

  • Horses Allowed On Property
  • Agricultural Exemption
  • Greenbelt
  • Partially Wooded Lot

About This Lot

As of March 2025

This vacant property was part of a 16.7 acre tract. 2 acres has a duplex on, MLS #20434404. To the south of that, the 2.82 acre hard corner lot is MLS #20434414. Subject property is vacant land with some shrubbery and trees.Survey shows 110 feet fronting on US Hwy 82 W, 526.30 feet fronting on Gage Rd on the North, and 50.61 feet access on Gibbons Rd to the East. There is a billboard on the front of the property that is not owned by current property owner. All offers must acknowledge that the billboard will not convey! While all facts provided are believed to be true, buyer and or buyers agent must determine their reliability.

Last Agent to Sell the Property

Bob Vinson

Bob Vinson Real Estate, LLC Brokerage Phone: 817-690-9901 License #0329112 Listed on: 10/09/2023

Last Buyer's Agent

Jordan Mair

Regal, REALTORS License #0486732

Regal, REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,017

Lot Details

  • 8.94 Acre Lot
  • Property fronts a county road
  • Irregular Lot
  • Partially Wooded Lot
  • Few Trees
  • Zoning described as unaware of any zoning. Current agriculture exemption

Schools

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

Farming

  • Agricultural Exemption
  • Agricultural

Additional Features

  • Horses Allowed On Property
  • No Cooling

Community Details

  • Baggs Addition, Grayson County, Tx Subdivision
  • Greenbelt

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 120671

Property Details

Property Type

Land

Est. Annual Taxes

$3,017

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Agricultural, No Known Restriction(s)
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: 817-690-9901
  • Special Features: None

Exterior Features

  • Easements: Other
  • Fencing: None
  • Soil Type: Unknown
  • Waterfront: No
  • Road Assessment Y N: Yes
  • RoadFrontageType: County Road
  • RoadSurfaceType: Gravel

Garage/Parking

  • Cooling System: None

Utilities

  • Heating: None
  • Utilities: None

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

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, Agricultural, Few Trees, Greenbelt, Irregular Lot
  • Lot Size Units: Square Feet
  • Lot Size Area: 389609.0000
  • Parcel Number: 120671
  • Lot Size Acres: 8.9442
  • Lot Size Sq Ft: 389609.0000
  • Subdivided: No
  • Zoning Description: unaware of any zoning. Current agriculture exemption
  • Possible Use: Agricultural, Cattle, Commercial, Dairy, Development, Highway/Tourist Service, Horses, Industrial, Investment, Livestock, Mini-Storage, Mixed Use, Multi-Family, Orchards/Vineyards, Pasture, Place of Worship, Ranch, Recreational, Residential, Retail, Sheep/Goats, Single Family, Subdevelopment, Unimproved, Vacant, Warehouse, Other
  • Present Use: Agricultural, Vacant
  • LandLeaseYN: No

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 1

Tax Info

  • Special Taxing Entities: No
  • TaxBlock: 1
  • Tax Lot: 4

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
Oct 3, 2023
Closed on
Aug 23, 2024
Sold by
Buggs Margaret Ann Hodge
Bought by
Brito Evaristo De La Paz
Seller's Agent
Bob Vinson
Bob Vinson Real Estate, LLC
Buyer's Agent
Carlos Arochi
LPT Realty LLC
List Price
$250,000
Views
82
Current Estimated Value
$662,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.70%
Original Mortgage
$210,000
Outstanding Balance
$208,687
Interest Rate
9.13%
Mortgage Type
New Conventional
Estimated Equity
$324,313
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 Type Sale Price Title Company
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 For Sale $325,000 0.0% $172 / Sq Ft
03/12/2025 03/12/25 Sold -- -- --
12/31/2024 12/31/24 Off Market -- -- --
09/10/2024 09/10/24 For Sale $325,000 0.0% $172 / Sq Ft
08/23/2024 08/23/24 Sold -- -- --
08/19/2024 08/19/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $325,000 +30.0% $172 / Sq Ft
06/20/2024 06/20/24 For Sale $250,000 0.0% $132 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
01/30/2024 01/30/24 Off Market -- -- --
11/15/2023 11/15/23 Pending -- -- --
11/11/2023 11/11/23 Price Changed $250,000 0.0% $132 / Sq Ft
11/11/2023 11/11/23 For Sale $250,000 +13.6% $132 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 Off Market -- -- --
10/18/2023 10/18/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $220,000 0.0% $116 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $220,000 -12.0% $116 / Sq Ft
10/03/2023 10/03/23 For Sale $250,000 -- $132 / Sq Ft
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
2024 $3,017 $202,593 $0 $0
2023 $6,964 $530,550 $0 $0
2022 $8,901 $486,837 $0 $0
2021 $7,874 $448,131 $29,353 $418,778
2020 $7,277 $371,921 $27,604 $344,317
2019 $8,038 $378,927 $27,692 $351,235
2018 $7,452 $383,821 $25,346 $358,475
2017 $7,749 $396,370 $25,435 $370,935
2016 $5,736 $293,394 $25,420 $267,974
2015 $5,208 $297,713 $25,391 $272,322
2014 -- $302,199 $22,490 $279,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20434416

North Texas Real Estate Information Systems (NTREIS)

APN: 120671