Agricultural Land with Highway
For Sale
$2,621,448
State Hwy 56, Southmayd, TX 76268
LAND - Southmayd, TX
Property SizeContact for details
Lot Size85.55 Acres
Days on Market47
Property Features for State Hwy 56
General Information
Property type
Land
Property subtype
Other
Zoning description
R
Vegetation
Brush
Subdivision
G-0463
Lot features
Acreage, Level, Pasture, Pond On Lot
Elementary school
S And S
Middle school
S And S
High school
S And S
Elementary school district
S and S Cons ISD
Middle school district
S and S Cons ISD
High school district
S and S Cons ISD
Directions
From 289 (Preston Rd), take HWY 56 west approximately 1.3 miles to property on the right.
Standard status
Active
APN
171633
Lot size
85.55 Acres
Taxes and HOA fees
Tax Description
G-0463 GUEST J J A-G0463, ACRES 2.25, UNDIVID
Tax Annual Amount
24
Legal Description
G-0463 GUEST J J A-G0463, ACRES 2.25, UNDIVID
Listing Agency:
Whitetail Properties Real Estate
(217) 285-9000
Listed By:
Corey Baumann · License #0803877
(830) 428-0096
Added: Jul 10
Changed: Jul 31
Last Checked: Aug 25 at 11:06AM
MLS# 21327382
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This agricultural and recreational land tract offers a flexible mix of open pasture and mature hardwoods across predominantly level terrain, sized at 85.55+/- acres. It features approximately 500 feet of highway frontage for access and visibility, along with two ponds and two creeks that provide water for livestock and wildlife.
The property includes wildlife habitat supporting whitetail deer and feral hogs, making it well-suited for hunting and year-round outdoor use. A portion of the land is located within the FEMA 100-year floodplain; buyers should verify floodplain boundaries as part of their due diligence.
Utilities are available nearby, subject to buyer verification, and the property currently benefits from a tax exemption for qualified buyers. Located just outside Whitesboro on State Highway 56, with convenient access to Sherman, Denison, and Gunter, the tract can serve a range of residential and farm or recreation possibilities based on each buyer’s intended use.
The property includes wildlife habitat supporting whitetail deer and feral hogs, making it well-suited for hunting and year-round outdoor use. A portion of the land is located within the FEMA 100-year floodplain; buyers should verify floodplain boundaries as part of their due diligence.
Utilities are available nearby, subject to buyer verification, and the property currently benefits from a tax exemption for qualified buyers. Located just outside Whitesboro on State Highway 56, with convenient access to Sherman, Denison, and Gunter, the tract can serve a range of residential and farm or recreation possibilities based on each buyer’s intended use.
Key Highlights
- 85.55+/- acre agricultural land tract with predominantly level terrain
- Approximately 500 feet of frontage on State Highway 56
- Two ponds and two creeks providing water for livestock and wildlife
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 76268, TX
220
Population
108
Households
2
Avg Household Size
43
Median Age
81%
High-School Grad
0.6 sq mi
ZIP Area
367
Density / Sq Mi
$74,013
Median Household Income
$30,313
Median Earnings
$142,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Large Grayson County tract with pasture, mature hardwoods, ponds and creeks, plus frontage along Highway 56.
Where is this agricultural land / farmland located?
The property is located at State Hwy 56 Southmayd, TX.
What is the asking price?
The asking price for this property is $2,621,448.
What are key features of this property?
This property features: 85.55+/- acre agricultural land tract with predominantly level terrain; Approximately 500 feet of frontage on State Highway 56; Two ponds and two creeks providing water for livestock and wildlife
