Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1981
Lot size
49.0 acres
REDUCTION!...Nestled in the heart of Sherman’s rapidly growing development corridor lies an exceptional 49-acre property, offering an unparalleled investment opportunity. Positioned near Sherman’s Semiconductor Hub and the expanding Texas Instruments campus, this land is at the center of a booming economic landscape, making it a prime asset for forward-thinking investors. Driving down Old Dorchester Road, the scenic beauty of the property unfolds—a vast, fenced pasture with scattered mature trees, two tranquil ponds reflecting the Texas sky, and an atmosphere of rural charm despite its proximity to significant commercial expansion. With approximately 2,990 feet of road frontage on two sides of Old Dorchester RD., and a bordering connection to the BNSF railway, accessibility and future growth potential are built into the land’s very foundation. A modest yet functional three-bedroom, two-bathroom home sits on the property, offering rental income potential for a buy-and-hold investor. Nearby, a large insulated metal shop stands ready for agricultural or commercial use, while working pens for cattle further enhance the land’s versatility. Agricultural exemption is already in place, providing additional financial advantages, and a reliable 2-inch water line serviced by Dorchester Co-Op ensures essential infrastructure is readily available. What sets this property apart is not just its breathtaking landscape, but its proximity to a future of unprecedented economic expansion. Within mere miles of Texas Instruments’ $30 million investment and surrounded by ongoing residential developments, this land offers immense value—whether for immediate development or long-term appreciation. BUYER TO VERIFY THE ACCURACY OF ALL INFORMATION, INCLUDING LOT SIZES, SCHOOLS, TAXES, AMENITIES, ROOM MEASUREMENTS, ETC. NEITHER SELLER NOR LISTING AGENT MAKES ANY WARRANTIES OR REPRESENTATIONS AS TO ACCURACY.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Wooded, Agricultural, Pasture
-
Lot Size(acres)
49.0
-
Property Type
Land
Price
-
Sales Price
$1,828,440
-
Tax Amount
2954.0
-
Zoning
None.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Summit Hill
-
Middle School
N/A
-
High School
Howe
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Location
County
Grayson
Elementary School
Summit Hill
Middle School
High School
Howe
Listing Courtesy of DAVID NORMAN , DAVID NORMAN LAND COMPANY
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