225 Caleb Rd, Sherman, TX 75090

$810,000

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List Price
$810,000
Price Change
▼ $40,000 1783017220
MLS#
21159925
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
2019
Acres
23.06
County
Grayson
City
Sherman
Subdivision
Grayson Co Unplatted

Property Description

Rare opportunity to own 23 pristine acres in the rapidly expanding Sherman area. This expansive tract is currently Ag-exempt and being farmed for winter wheat, offering immediate tax benefits and exceptional investment potential. Ideal for a residential development or a private luxury estate, the property features a clean topography with the distinct advantage of having zero acreage located in a flood zone. A charming small creek meanders along the tree line, providing a scenic natural border while remaining easily crossable by vehicle for full property access. Included on the site is a functional 1,216 sqft single-wide mobile home featuring 3 bedrooms and 2 bathrooms, which is perfect for rental income, a foreman's quarters, or a temporary residence while you build. Whether you are looking to develop immediately or hold for future appreciation in a high growth corridor, this versatile property offers the space and utility to realize your vision.

Additional Information

Lot Size
1,004,493
Acres
23.06
Lot Description
Agricultural, Subdivided
School District
Sherman Isd
Elementary School
Jefferson
Middle School
Sherman
High School
Sherman
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Zac Hamilton from Hamilton & Co. Real Estate, LLC - Premium Service. Contact: 903-818-6079