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    Tbd Old Southmayd Rd Sherman, TX 75092

    For Sale
    $184,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    3.00 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for Tbd Old Southmayd Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    454510
    Lot size
    3.00 Acres

    Building Details

    Year built
    1800
    Architectural style
    Other

    Keller Williams Central 75 (469) 467-7755 [email protected]

    Listing agent Laurence Chiang (469) 467-7755 License #0745932

    Listing date Aug 13, 2025

    MLS# 20876078 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

    Sherman, TX 3-Acre Land Parcel

    This 3-acre property in Sherman, TX, presents a rare opportunity for buyers. The land features a natural pasture that has remained untouched by crop plantation for generations. Alternative platting plans, including 1-acre and 2-acre plats, are available for discussion. The property is situated near lush foliage, open pastures, and a wildlife refuge, offering a blend of natural serenity and urban convenience. It is located 2-3 minutes north of Highway 82 and the future Dallas North Tollway expansion, 10 minutes from Lake Texoma, 12 minutes from Sherman’s retail and dining hubs, and 16 minutes from the expanding Texas Instruments and GlobiTech high-tech campuses. The location provides convenient access to both nature and city amenities. The property is development-ready with no floodplains, adjacent community developments, nearby electricity hookups, and available co-op water. It offers numerous home-site options suitable for a dream ranch, a weekend getaway, or a legacy family estate. There are no deed restrictions.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.77638738
    Latitude
    33.69162359

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    FAQs

    What type of property is this?
    Land - Rare 3-acre land parcel in Sherman, TX, ready for development.
    Where is this land located?
    The property is located at Tbd Old Southmayd Rd Sherman, TX.
    What is the asking price?
    The asking price for this property is $184,000.
    What are key features of this property?
    This property features: - Rare 3-acre plat in Sherman, offering ample space and potential.; - Prime location: Minutes from Highway 82, future Dallas North Tollway, Lake Texoma, and Sherman's amenities.; - Development-ready: No floodplains, adjacent community developments, electricity nearby, and co-op water available.
    (469) 467-7755
    Request Owner's contact information
    Tbd Old Southmayd 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
    Tbd Old Southmayd Rd Sherman, TX 75092
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