NOT LISTED FOR SALE

TBD Flannery Rd Sherman, TX 75092

10.06 Acres
-- Price per Acre
438,301 Sq Ft Lot

Last Sold May 24, 2022

4 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Stock Tank or Pond
  • Private Entrance
  • 10.06 Acre Lot
  • Pasture

About This Lot

As of May 2022

10 acres located 1.5 miles from Texas Instruments and their $29B expansion. Aside from neighboring companies including TI, Finisar, Emerson, Tyson, Kaiser Aluminum, Fed Ex, and Sunny Delight, the Hwy 1417-Hwy 75 area is experiencing very intense investment with Phase 1 of Bel Air Village, 903 Brewers, the new Sherman High School and the newly proposed $300M hospital. The site boasts 536 ft of frontage along Flannery Rd which is scheduled to be expanded to serve as the main North-South connector for TI and other industries in the rapidly expanding Progress Business Park. Site is also located near the westward expansion of Progress Rd that will intersect Flannery Rd. Land is currently zoned single family with city sewer and water but city is open to commercial development on the property. Small portion of the NE Corner resides in flood plain. The Sherman Economic Development Co owns very large tracts of neighboring land with plans to attract additional large-scale investment to the area.

Last Agent to Sell the Property

Steve Brawley

RE/MAX Cross Country License #0714064 Listed on: 03/29/2022

RE/MAX Cross Country

Last Buyer's Agent

Jay Waheed

5th Stream Realty License #0530278

5th Stream Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $108

Lot Details

  • 10.06 Acre Lot
  • Private Entrance

Schools

  • Crutchfield Elementary School
  • Piner Middle School
  • Sherman High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • 10 Acres of Pasture
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Water Tap or Transfer Fee
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 125298

Property Details

Property Type

Land

Est. Annual Taxes

$108

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • 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
  • Special Features: None

Exterior Features

  • Easements: Pipeline
  • Pasture Acres: 10.00
  • Exterior Features: Private Entrance
  • Number Of Tanks And Ponds: 1
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete

Utilities

  • Utilities: City Sewer, City Water, Sewer Tap Fee Paid, Water Tap Fee Paid

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits

Schools

  • School District: Sherman ISD
  • Elementary School: Crutchfield
  • Middle School: Piner
  • High School: Sherman
  • School District: Sherman ISD

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 10.0620
  • Parcel Number: 125298
  • Lot Size Acres: 10.0620
  • Lot Size Sq Ft: 438300.7200
  • Subdivided: No
  • Zoning Description: Single Family
  • Possible Use: Agricultural, Cattle, Commercial, Development, Industrial, Livestock, Pasture, Residential, Single Family, Subdevelopment
  • Present Use: Agricultural, Cattle, Horses

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 1

Tax Info

  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Crutchfield
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 23, 2022
Sold by
Salai Holdings Llc
Bought by
Vonquintus Investments Llc
Seller's Agent
Steve Brawley
RE/MAX Cross Country
Buyer's Agent
Jay Waheed
5th Stream Realty
List Price
$500,000

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 3, 2022
Sold by
Jack Dolezalek Kenneth
Bought by
Salai Holdings Llc
Seller's Agent
Ben Williams
C-21 DEAN GILBERT, REALTORS
Buyer's Agent
Steve Brawley
RE/MAX Cross Country
List Price
$250,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
480.09%
Original Mortgage
$202,500
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Vonquintus Investments Llc -- New Title Company Name
Salai Holdings Llc -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salai Holdings Llc $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold -- -- --
04/02/2022 04/02/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $500,000 +66.5% --
02/07/2022 02/07/22 Sold -- -- --
12/16/2021 12/16/21 Pending -- -- --
12/16/2021 12/16/21 Price Changed $300,300 +20.0% --
12/14/2021 12/14/21 For Sale $250,250 -- --
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 $108 $4,987 $279 $4,708
2024 $108 $4,927 $0 $0
2023 $112 $5,120 $340 $4,780
2022 $108 $4,592 $340 $4,252
2021 $9 $341 $341 $0
2020 $12 $471 $471 $0
2019 $14 $510 $510 $0
2018 $17 $671 $521 $150
2017 $17 $702 $552 $150
2016 $17 $702 $552 $150
2015 $0 $682 $532 $150
2014 -- $692 $542 $150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20019700

North Texas Real Estate Information Systems (NTREIS)

APN: 125298