NOT LISTED FOR SALE

TBD N Us Hwy 75 Sherman, TX 75090

Estimated Value: $579,000

8.68 Acres
$66,705 Price per Acre
378,101 Sq Ft Lot

Last Sold September 27, 2023

Current estimated payment $3,637/month

1,458 Days on Market

About This Lot

As of September 2023

---BACK ON THE MARKET---LOCATION, LOCATION, LOCATION! Prime real estate located in the heart of the Sherman and Denison growth area. With over 500 feet of highway 75 frontage this tract adjoins the development on the hard corner of 75 and 691 just south of the Texoma Medical Center. Featuring 8.68 acres available for development, a larger user or as an investment to create a passive income stream.

Last Agent to Sell the Property

Bill Westhoff

C-21 DEAN GILBERT, REALTORS Brokerage Phone: 903-893-5188 License #0646882 Listed on: 03/25/2019

Last Buyer's Agent

Ketan Parikh

REKonnection, LLC License #0452326

REKonnection, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,615

Lot Details

  • 8.68 Acre Lot
  • Few Trees
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • Henry Scott Middle School
  • Mcdaniel Middle School
  • Denison High School

Utilities

  • Electricity Not Available

Community Details

  • A C Smith Surv Abst 1561 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115996
  • $16,910 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$32,615

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: Other
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 903-893-5188
  • Special Features: None

Exterior Features

  • Easements: Drainage

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Electricity Not Available, Other

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Denison ISD
  • Intermediate School: Mcdaniel
  • High School: Denison

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 8.6800
  • Parcel Number: 115996
  • Lot Size Acres: 8.6800
  • Lot Size Sq Ft: 378100.8000
  • Zoning Description: Not Zoned
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 16910

MLS Schools

  • MiddleOrJuniorSchool: Henry Scott
  • Middle School Name: Henry Scott
  • High School Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Investment Catalysts Llc
Bought by
Ic Denison Llc and Leland
Current Estimated Value
$579,000

Purchase Details

Closed on
Jan 18, 2024
Sold by
Kethu Sripathi
Bought by
Shermanhwy75 Llc

Purchase Details

Closed on
Jan 16, 2024
Sold by
William R Stambaugh R and William Barbara V
Bought by
V2 Lands And Investments Llc

Purchase Details

Listed on
Mar 25, 2019
Closed on
Sep 27, 2023
Sold by
Maruti Interests Llc
Bought by
Kethu Sripathi and Stablerock Investments Llc
Seller's Agent
Bill Westhoff
C-21 DEAN GILBERT, REALTORS
Buyer's Agent
Ketan Parikh
REKonnection, LLC
List Price
$1,890,504

Purchase Details

Closed on
Aug 14, 2008
Sold by
Mobbs Margo M and Tate Rodney D
Bought by
Maruti Interests Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ic Denison Llc -- None Listed On Document
Investment Catalysts Llc -- None Listed On Document
Shermanhwy75 Llc -- None Listed On Document
V2 Lands And Investments Llc -- Simplifile
Kethu Sripathi -- Red River Title
Maruti Interests Llc -- Chapin Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maruti Interests Llc $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold -- -- --
03/22/2023 03/22/23 Pending -- -- --
10/04/2022 10/04/22 For Sale $1,890,504 0.0% --
07/24/2022 07/24/22 Pending -- -- --
07/06/2020 07/06/20 For Sale $1,890,504 0.0% --
07/01/2020 07/01/20 Off Market -- -- --
03/25/2019 03/25/19 For Sale $1,890,504 -- --
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 $32,615 $1,538,946 $1,538,946 --
2024 $32,615 $1,538,946 $1,538,946 $0
2023 $31,333 $1,476,854 $1,476,854 $0
2022 $46,193 $2,105,569 $2,105,569 $0
2021 $16,790 $711,709 $711,709 $0
2020 $17,613 $711,709 $711,709 $0
2019 $18,118 $711,709 $711,709 $0
2018 $17,059 $664,262 $664,262 $0
2017 $16,929 $664,262 $664,262 $0
2016 $16,929 $664,262 $664,262 $0
2015 $0 $664,262 $664,262 $0
2014 -- $664,262 $664,262 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14048221

North Texas Real Estate Information Systems (NTREIS)

APN: 115996