$298,000

7431 W Washington St Sherman, TX 75092

Estimated payment $1,958/month

Total Views 288
4 Acres
$74,500 Price per Acre
174,240 Sq Ft Lot

Highlights

  • Corner Lot
  • Partially Fenced Property
  • No Heating

About This Lot

This 4 acre improved lot is located at the corner of W Washington Street and Gibbons Road (asphalt pavement). The property includes a large pond with dock and a 40x60x16 metal warehouse shop with concrete floor and a 400 sq ft insulated and air conditioned office. At present, there is no water supply or septic system on the property. However, the building is plumbed and wired for restroom, sinks, shower, and washing machine dryer.
A hot water heater and water pressure tank have been installed. A 200 Amp 40 circuit electrical panel serves 115-230 volt power throughout the building up to and including 50 Amp outlets. Warehouse lighting is provided by high intensity LED ceiling fixtures. 14 foot remote controlled powered overhead doors are installed on each end of the building which allows drive through of large RV trailers, boats and motor homes. Entry and exit to and from the building are from either W Washington Street or Gibbons Road.

Listing Agent

Jack McLemore

Listing Results, LLC Brokerage Phone: 817-283-5134 License #0460808 Listed on: 08/05/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 2009

Lot Details

  • 4 Acre Lot
  • Partially Fenced Property
  • Barbed Wire
  • Corner Lot
  • Irregular Lot
  • Cleared Lot
  • Few Trees

Schools

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

Utilities

  • No Cooling

Community Details

  • Harry L Douglas Surv Abs #368 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120715

Property Details

Property Type

Land

Est. Annual Taxes

$3,925

Year Built

Built in 2009

Lot Details

0

Listing Details

  • OWNERNAME: JAMES L MATHIS II
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 817-283-5134
  • Co List Office Mls Id: HMRE01EU
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Barbed Wire, Partial
  • Waterfront: No

Garage/Parking

  • Cooling System: None

Utilities

  • Heating: None
  • Utilities: None
  • Heating Yn: No

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • Elementary School: S And S
  • High School: S And S
  • Junior High Dist: S and S Cons ISD

Lot Info

  • Lot Features: Acreage, Cleared, Corner Lot, Irregular Lot, Pond on Lot, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 4.0
  • Parcel Number: 120715
  • Lot Size Acres: 4.0
  • Lot Size Sq Ft: 174240.0
  • Zoning Description: RESIDENTIAL

Building Info

  • Year Built: 2009

Tax Info

  • Tax Annual Amount: 3925.0

MLS Schools

  • MiddleOrJuniorSchool: S And S

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,925 $257,497 $190,622 $66,875
2024 $3,925 $263,563 $156,000 $107,563
2023 $4,090 $274,175 $180,000 $94,175
2022 $2,441 $145,474 $0 $0
2021 $2,509 $185,025 $120,000 $65,025
2020 $2,352 $149,875 $84,000 $65,875
2019 $2,318 $152,547 $85,000 $67,547
2018 $1,929 $131,858 $74,000 $57,858
2017 $1,766 $90,327 $37,000 $53,327
2016 $1,661 $84,984 $31,000 $53,984
2015 $1,185 $80,580 $30,000 $50,580
2014 $1,180 $73,337 $36,000 $37,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $298,000 +8.4% --
02/14/2025 02/14/25 Sold -- -- --
02/03/2025 02/03/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $275,000 -8.0% $688 / Sq Ft
09/11/2024 09/11/24 Price Changed $299,000 -12.1% $748 / Sq Ft
08/07/2024 08/07/24 For Sale $340,000 -- $850 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Grayson County Title
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Trustee Deed $12,323 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 Construction
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21023563

North Texas Real Estate Information Systems (NTREIS)

APN: 120715