NOT LISTED FOR SALE

TBD 148 Acres Us Hwy 82 & Lamberth Sherman, TX 75092

148.88 Acres
-- Price per Acre
6,485,126 Sq Ft Lot

Last Sold December 12, 2023

240 Days on Market

Highlights

  • Horses Allowed On Property
  • Partially Wooded Lot
  • Agricultural Exemption
  • 148.88 Acre Lot
  • Corner Lot
  • Crops

About This Lot

As of December 2023

Incredible development opportunity: 148+ acres in prime location in one of the fastest growing areas in the US. 12-inch City of Sherman water line along US Hwy 82. This property, located near the major intersection of Hwy 289 and US Hwy 82, has close proximity to high-end developments and the North Texas Regional Airport. Approximately 2,122 ft frontage along US Hwy 82 and 2,405 ft frontage along Lamberth offers unparalleled development characteristics. Sherman's robust industrial base includes Texas Instruments, with a $30B expansion of their semiconductor wafer plant underway, Taiwan-based GlobalWafers has announced a new state-of-the-art 300-millimeter silicon wafer factory. Property includes several ponds, mature trees and ag exemption. Sewer located nearby. No flood plain per FEMA flood maps. Lamberth Road is slated as 4 lane thoroughfare in the future. Concept site plan and survey available upon request.

Last Agent to Sell the Property

Kimberly Hudgins

PARAGON, REALTORS Brokerage Phone: 903-893-8174 License #0624491 Listed on: 02/28/2023

PARAGON, REALTORS

Last Buyer's Agent

Grant Brodeur

Thornberry Land Company LLC License #0514486

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $106

Lot Details

  • 148.88 Acre Lot
  • Property fronts a highway
  • Barbed Wire
  • Corner Lot
  • Partially Wooded Lot
  • Land Lease
  • Zoning described as Agriculture

Schools

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

Farming

  • Crops
  • Agricultural Exemption
  • Agricultural

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • G 0087 Burns L G A G0087 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120784

Property Details

Property Type

Land

Est. Annual Taxes

$106

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Pipeline
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Attribution Contact: 903-893-8174
  • Special Features: None

Exterior Features

  • Easements: Natural Gas
  • Fencing: Barbed Wire
  • RoadFrontageType: City Street, Highway
  • RoadSurfaceType: Asphalt, Concrete

Utilities

  • Utilities: All Weather Road, Asphalt, City Water, Concrete

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Zoned

Schools

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

Lot Info

  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Agricultural, Corner Lot, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 148.8780
  • Parcel Number: 120784
  • Lot Size Acres: 148.8780
  • Lot Size Sq Ft: 6485125.6800
  • Subdivided: No
  • Zoning Description: Agriculture
  • Possible Use: Agricultural, Cattle, Development, Investment, Mixed Use, Multi-Family, Residential
  • Present Use: Agricultural, Cattle, Grazing, Ranch, Recreational, Unimproved
  • LandLeaseYN: Yes

MLS Schools

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold -- -- --
10/26/2023 10/26/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $8,800,000 0.0% --
03/23/2023 03/23/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $8,800,000 -- --
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 $106 $5,620 $5,620 --
2024 $106 $5,328 $0 $0
2023 $128 $6,414 $6,414 $0
2022 $138 $6,433 $6,433 $0
2021 $165 $6,930 $6,930 $0
2020 $214 $8,764 $8,764 $0
2019 $240 $9,435 $9,435 $0
2018 $227 $9,584 $9,584 $0
2017 $240 $10,236 $10,236 $0
2016 $239 $10,166 $10,166 $0
2015 $0 $9,874 $9,874 $0
2014 -- $9,962 $9,962 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Hudgins

    Seller's Agent in 2023

    Kimberly Hudgins

    PARAGON, REALTORS

    (903) 870-6471

    107 Total Sales

    Kimberly Hudgins
    Section Image
  • Grant Brodeur

    Buyer's Agent in 2023

    Grant Brodeur

    Thornberry Land Company LLC

    (817) 680-7171

    27 Total Sales

    Grant Brodeur
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20265819

North Texas Real Estate Information Systems (NTREIS)

APN: 120784

Texas Grayson County Sherman 75092

TBD 148 Acres Us Hwy 82 & Lamberth, Sherman, TX

Not Listed for Sale

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