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    5555 Wright Rd Sherman, TX 75092

    For Sale
    $1,975,000

    Improved Land - Sherman, TX

    Lot size:
    51.87 Acres
    Days on Market:
    452
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 5555 Wright Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    119264
    Patio and Porch features
    Patio, Porch
    Exterior features
    Covered Patio/Porch, Garden(s), Rain Gutters, Lighting, Outdoor Grill, Rv Hookup, Rv/Boat Parking, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Lot size
    51.87 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2016
    Architectural style
    Other
    Additional Structures
    RV/Boat Storage, Storage

    Paragon Realtors (903) 893-8174

    Listing agent STACEY OLMSTEAD (903) 893-8174 License #0480076

    Listing date Sep 18, 2024

    MLS# 20606215 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    50+ Acre Sherman Oasis

    This property, located in Sherman, TX, encompasses over 50 acres suitable for recreation, retirement, and investment. The land includes two homes, a private well, and two stocked ponds. A 50x30 shop with electricity provides space for hobbies, accompanied by a large covered RV carport with full RV hookups. The property is located a short commute to shopping, Lake Texoma, hospitals, and nearby industry. The main residence is a custom-built, 3-bed, 3-bath home featuring an open floor plan, vaulted ceilings, and natural light. The kitchen includes drawer pullouts and a large pantry. The master suite features a spa-like bathroom with a large walk-in shower and a walk-in closet. A wrap-around screened-in porch offers views of pasture, trees, and a fishing pond. Additionally, there is a 1560 sq ft, 3-bed, 2-bath mobile home with a covered carport. The property can be subdivided.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.76519268
    Latitude
    33.69368538

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    FAQs

    What type of property is this?
    Agricultural land - 50+ acres with two homes, ponds, and large workshop.
    Where is this agricultural land located?
    The property is located at 5555 Wright Rd Sherman, TX.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: - 50+ acre property featuring two homes, two stocked ponds, and subdivision potential.; - Large 50x30 shop with electricity and RV carport with full hookups.; - Custom 3-bed, 3-bath home with an open floor plan, vaulted ceilings, and abundant natural light.
    (903) 893-8174
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    5555 Wright Rd Sherman, TX 75092
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    Sherman, TX 75092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5555 Wright Rd Sherman, TX 75092
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