TBD 195 55 Acres State Hwy 56 Southmayd, TX 76268
Estimated payment $27,414/month
Highlights
- 195.55 Acre Lot
- Partially Fenced Property
- Many Trees
- Agricultural
About This Lot
Outstanding 195.55-acre property offers a rare opportunity to own a large, prime tract of land with substantial potential upside. With frontage on both Highway 56 and Deaver Road, the property is perfectly positioned to take advantage of the area’s growth. The future tollway path nearby will only add to the land’s value, making it a prime opportunity to hold for long-term appreciation. The varied terrain with a mix of trees and open pasture includes two ponds and provides a unique landscape with endless possibilities. Agricultural exemption in place. This property is extremely well positioned to benefit from the present and future growth of north Texas and the Sherman area. Survey in additional documents on MLS.
Listing Agent
PARAGON, REALTORS Brokerage Phone: 903-893-8174 License #0624491 Listed on: 11/14/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $78
Lot Details
- 195.55 Acre Lot
- Property fronts a highway
- Partially Fenced Property
- Barbed Wire
- Many Trees
- Zoning described as Unzoned
Schools
- S And S Elementary School
- S And S High School
Farming
- Agricultural
Community Details
- Craft Subdivision
Listing and Financial Details
- Assessor Parcel Number 123529
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 | $78 | $5,413 | $5,413 | -- |
| 2024 | $78 | $5,224 | $0 | $0 |
| 2023 | $96 | $6,453 | $6,453 | $0 |
| 2022 | $108 | $6,453 | $6,453 | $0 |
| 2021 | $134 | $7,079 | $7,079 | $0 |
| 2020 | $190 | $9,707 | $9,707 | $0 |
| 2019 | $265 | $12,484 | $12,484 | $0 |
| 2018 | $247 | $12,731 | $12,731 | $0 |
| 2017 | $265 | $13,538 | $13,538 | $0 |
| 2016 | $265 | $13,538 | $13,538 | $0 |
| 2015 | $0 | $13,095 | $13,095 | $0 |
| 2014 | -- | $13,135 | $13,135 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $5,200,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21112124
APN: 123529
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