Property
Beds
4
Full Baths
2
1/2 Baths
1
Year Built
2008
Sq.Footage
2,424
Luxury ranch estate on nearly 20 cross-fenced acres in the rapidly growing Sherman market, just minutes from Highway 75, downtown Sherman, and the expanding Texas Instruments development corridor. This custom-built 4-bedroom, 2.5-bath brick home offers approximately 2,424 SF of thoughtfully designed living space featuring open-concept living, custom hickory and pecan cabinetry, cedar trim, historic tin accents, formal dining, spacious kitchen island, fireplace, and panoramic sunset views. Designed for both lifestyle and functionality, the property includes a large deck, above-ground pool, fire pit, covered parking, and beautifully maintained grounds. The impressive 60x64 barn is fully equipped with electricity, water, wash rack, feed area, holding pens, riding arena, and fenced pastures, making it ideal for equestrian, cattle, agricultural, or recreational use. The flat, usable land with no water bodies offers exceptional flexibility and is ready to build, expand, or create the ranch estate, event venue, additional structures, or investment project you envision. AG exemption status offers additional long-term value and potential tax advantages. Currently leased and generating rental income, this turnkey property presents multiple opportunities for investors, ranch operators, or buyers seeking a luxury rural retreat with income potential. The continued economic growth in North Texas and proximity to major employers position this property for strong long-term appreciation and future development upside. Additional highlights include high-speed internet, updated HVAC, and tankless water heater. Whether utilized as an executive rental, equestrian ranch, private retreat, or long-term land investment, this is a rare opportunity to own a cash-flowing luxury ranch in one of North Texas’ fastest-growing regions.
Features & Amenities
Interior
-
Other Interior Features
High Speed Internet
-
Total Bedrooms
4
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Fireplace Insert, Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick, Stone
-
Parking
Carport, Attached
-
Patio and Porch Features
Deck
-
Pool
Yes
-
Pool Features
Above Ground
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
19.873
-
Lot Size(square feet)
865667.88
-
Property Type
Residential
-
Property Sub Type
Farm
-
Architectural Style
Traditional
Price
-
Sales Price
$1,700,000
-
Tax Amount
$5,663
-
Sq. Footage
2, 424
-
Price/SqFt
$701
HOA
-
Association
No
School District
-
Elementary School
Tom Bean
-
Middle School
Tom Bean
-
High School
Tom Bean
Property Features
-
Foundation Details
Slab
-
Sewer
Septic Tank
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Location
County
Grayson
Elementary School
Tom Bean
Middle School
Tom Bean
High School
Tom Bean
Listing Courtesy of Krishna Madhireddy , Krishna Madhireddy, Broker
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AGENT
Joe Boston
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