NOT LISTED FOR SALE

6488 Dripping Springs Rd Sherman, TX 75090

Estimated Value: $4,153,000

150.66 Acres
$27,565 Price per Acre
6,562,750 Sq Ft Lot

Last Sold May 21, 2024

Current estimated payment $22,343/month

357 Days on Market

Highlights

  • Barn or Stable
  • RV or Boat Parking
  • 1 Lake
  • Denison High School Rated A-
  • 150.66 Acre Lot
  • 3 Stock Tanks or Ponds

About This Lot

As of May 2024

Picturesque Ranch with rolling terrain and panoramic views of the countryside. Mature trees throughout the property. The hilltop has a large Barndominium with shop and storage for Toys and UTV ATV. Stocked lake and 3 ponds on the property. The frontage is pipe and cable fences, pipe corrals, equipment shed with enclosed storage on one end. Large covered porch and outdoor fire pit with seating. Deer and other wildlife are in the area. The property adjoins a larger ranch on three sides. Nice homes on acreages are in the area. Quiet location for weekends or a great place to live. The Barndo has three bedrooms, two and one half baths. Gourmet kitchen with large island. Appliances included. Multiple open living or dining areas with another living area on the second floor. Primary bedroom is downstairs. Most of the furnishings and fixtures are included with the sale. Move in ready! Cattle and equipment are available on private treaty. Call for appointment , don't miss this one.

Last Agent to Sell the Property

Butch Fife

Butch Fife, REALTORS Brokerage Phone: 903-891-3066 License #0282409 Listed on: 04/28/2023

Co-Listed By

Greg Fife

Butch Fife, REALTORS Brokerage Phone: 903-891-3066 License #0739890

Last Buyer's Agent

Grant Glasco

Glasco Commercial Real Estate, LLC License #0525556

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,927

Year Built

  • Built in 1980

Lot Details

  • 150.66 Acre Lot
  • Property fronts a county road
  • Cross Fenced
  • Barbed Wire
  • Pipe Fencing
  • Wooded Lot
  • Many Trees

Parking

  • RV or Boat Parking

Home Design

  • Ranch Property

Interior Spaces

  • Living Quarters

Schools

  • Lamar Elementary School
  • Henry Scott Middle School
  • Denison High School

Farming

  • 2 Barns
  • 3 Stock Tanks or Ponds
  • Agricultural Exemption
  • 150 Acres of Pasture
  • Agricultural
  • Holding Pens
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Barn or Stable

Utilities

  • Central Air
  • Co-Op Electric
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 118426
  • $3,100 per year unexempt tax

Community Details

Overview

  • T. Wood A 1322 Subdivision

Recreation

  • 1 Lake
  • Covered Patio or Porch
  • Fire Pit

Property Details

Property Type

Land

Est. Annual Taxes

$4,927

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: 903-891-3066
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Barbed Wire, Cross Fenced, Pipe
  • Pasture Acres: 150.00
  • Topography: rolling
  • Exterior Features: Covered Patio/Porch, Fire Pit, RV/Boat Parking
  • Number Of Lakes: 1
  • Number Of Tanks And Ponds: 3
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Electric

Utilities

  • Heating: Electric
  • Utilities: Asphalt, Co-op Electric, Septic
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Denison ISD
  • Elementary School: Lamar

Lot Info

  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Agricultural, Many Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 150.6600
  • Parcel Number: 118426
  • Lot Size Acres: 150.6600
  • Lot Size Sq Ft: 6562749.6000
  • Assessor Parcel Number 2: 118278,118397
  • Subdivided: No
  • Possible Use: Agricultural, Cattle, Equine, Exotics, Grazing, Horses, Hunting/Fishing, Livestock, Pasture
  • Present Use: Agricultural, Cattle, Exotics, Grazing, Horses, Hunting/Fishing
  • LandLeaseYN: No

Building Info

  • Year Built: 1980

Tax Info

  • Unexempt Taxes: 3100

MLS Schools

  • Middle School Name: Henry Scott
  • Elementary School Name: Lamar
  • High School Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 20, 2024
Sold by
Brooks Owen Ranch Llc
Bought by
Mmya Llc
Seller's Agent
Butch Fife
Butch Fife, REALTORS
Buyer's Agent
Grant Glasco
Glasco Commercial Real Estate, LLC
List Price
$5,500,000
Views
86
Current Estimated Value
$4,153,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mmya Llc -- Red River Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold -- -- --
04/19/2024 04/19/24 Pending -- -- --
10/04/2023 10/04/23 Price Changed $4,450,000 -10.1% --
08/08/2023 08/08/23 Price Changed $4,950,000 -10.0% --
04/28/2023 04/28/23 For Sale $5,500,000 -- --
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 $4,927 $1,288,050 $10,764 $1,277,286
2024 $4,927 $305,063 $0 $0
2023 $3,345 $206,858 $8,771 $198,087
2022 $3,100 $179,406 $6,120 $173,286
2021 $3,138 $167,367 $5,364 $162,003
2020 $4,527 $227,414 $6,333 $221,081
2019 $4,811 $226,514 $6,631 $219,883
2018 $4,444 $207,006 $6,461 $200,545
2017 $4,472 $207,006 $6,461 $200,545
2016 $3,864 $178,837 $6,461 $172,376
2015 $0 $48,562 $5,728 $42,834
2014 -- $52,021 $6,138 $45,883
Source: Public Records

Agents Affiliated with this Home

  • Butch Fife

    Seller's Agent in 2024

    Butch Fife

    Butch Fife, REALTORS

    (903) 891-3066

    38 Total Sales

    Butch Fife
    Section Image
  • Greg Fife

    Seller Co-Listing Agent in 2024

    Greg Fife

    Butch Fife, REALTORS

    (903) 815-0213

    32 Total Sales

    Greg Fife
    Section Image
  • Grant Glasco

    Buyer's Agent in 2024

    Grant Glasco

    Glasco Commercial Real Estate, LLC

    (214) 448-0134

    55 Total Sales

    Grant Glasco
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20315235

North Texas Real Estate Information Systems (NTREIS)

APN: 118426

Texas Grayson County Sherman 75090

6488 Dripping Springs Rd, Sherman, TX

Not Listed for Sale

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