Estimated payment $7,878/month
Highlights
- Converted Barn or Barndominium
- Pond
- Fireplace
- 21.85 Acre Lot
- Lawn
- Pasture
About This Lot
Prime Development Opportunity Near Sherman, in Grayson County Texas! Unlock the potential of this strategically located investment property just minutes from Sherman’s booming growth corridor. Featuring 1,900 feet of road frontage on two sides, this versatile land is ready to be developed with electricity, public water, and septic already on site. Located just 3 miles from Texas Instruments and Highway 75, and only 2 miles from Highway 11, this property offers great accessibility. It’s also a short 8-mile drive to downtown Sherman, 14 miles to Highway 82, and 20 miles to downtown Denison, making it an ideal location for residential, commercial, or mixed-use development. Enjoy the natural beauty of rolling hills with stunning views, a 1⁄2-acre pond, and partially AG-exempt status for tax advantages. Additionally, an extra 3.5 contiguous acres are available on Schneider Rd. Property currently offers 2 single story homes with attached garages, 2,750 sq ft show cattle barn with wash rack, attached livestock corrals and equipment storage. With expanding infrastructure and rapid commercial and residential growth in the Sherman area, this property presents an incredible opportunity for investors and developers alike. Don’t miss out—schedule your viewing today!
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,973
Year Built
- Built in 1970
Lot Details
- 21.85 Acre Lot
- Property fronts a county road
- Cross Fenced
- Property is Fully Fenced
- Barbed Wire
- Level Lot
- Few Trees
- Lawn
- Back Yard
Home Design
- Ranch Property
Interior Spaces
- Fireplace
Schools
- Summit Hill Elementary School
- Howe Middle School
- Howe High School
Farming
- Agricultural
- Pasture
- Cattle or Livestock Pen
Horse Facilities and Amenities
- Wash Rack
- Converted Barn or Barndominium
Utilities
- Central Heating and Cooling System
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 127444
- Tax Block A
Community Details
Overview
- G 0774 Subdivision
Recreation
- Pond
Map
Home Values in the Area
Average Home Value in this Area
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 | $490 | $262,058 | -- | -- |
| 2024 | $3,546 | $236,437 | $0 | $0 |
| 2023 | $503 | $218,150 | $52,274 | $165,876 |
| 2022 | $3,596 | $208,356 | $0 | $0 |
| 2021 | $3,285 | $169,132 | $38,387 | $130,745 |
| 2020 | $3,649 | $180,806 | $36,481 | $144,325 |
| 2019 | $3,564 | $180,747 | $32,268 | $148,479 |
| 2018 | $3,004 | $154,478 | $25,496 | $128,982 |
| 2017 | $2,762 | $137,416 | $25,592 | $111,824 |
| 2016 | $2,517 | $131,508 | $17,637 | $113,871 |
| 2015 | $284 | $111,120 | $17,625 | $93,495 |
| 2014 | $368 | $106,981 | $12,523 | $94,458 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | For Sale | $1,350,000 | 0.0% | -- |
| 03/16/2026 03/16/26 | Off Market | -- | -- | -- |
| 09/25/2025 09/25/25 | Price Changed | $1,350,000 | -6.9% | -- |
| 07/24/2025 07/24/25 | Price Changed | $1,450,000 | -10.1% | -- |
| 03/26/2025 03/26/25 | For Sale | $1,612,840 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $435,000 | Purchase Money Mortgage | |
| Previous Owner | $390,000 | FHA |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20882679
APN: 127444
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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Ask me questions while you tour the home.