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    Lot 7.2 Old Ida Rd Sherman, TX 75090

    For Sale
    $74,500

    Texas Commercial Land - $74,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-acre commercial lot, located at Lot 7.2 Old Ida Road in Tom Bean, Texas (Grayson County, zip code 75090), presents a unique investment opportunity. Priced at $74,500, this unrestricted property boasts a beautiful, flat terrain, ideal for a diverse range of development projects. Imagine constructing a barndominium, placing a manufactured home, or realizing any other commercial venture on this versatile land. The property's unrestricted nature allows for maximum flexibility in design and usage. Conveniently located, the lot offers access to cooperative water and electric services directly at the roadside, simplifying the connection process for future construction. Its location in Sherman, Texas, provides easy access to local amenities and transportation networks. The coordinates for this property are latitude 33.5878448 and longitude -96.4908313. This is a blank canvas awaiting your vision

    Property Features for 0 Lot 7.2 Old Ida Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre unrestricted commercial lot in Tom Bean, TX (Grayson County, 75090), priced at $74,500.
    • Flat terrain suitable for various commercial developments, including barndominiums or manufactured homes.
    • Convenient roadside access to water and electric.
    • Located near Sherman, TX, offering easy access to amenities and transportation.
    • Coordinates: 33.5878448, -96.4908313.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.4908313
    Latitude
    33.5878448

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    FAQs

    What type of property is this?
    Land - Texas Commercial Land - $74,500
    Where is this land located?
    The property is located at Lot 7.2 Old Ida Rd Sherman, TX.
    What is the asking price?
    The asking price for this property is $74,500.
    What are key features of this property?
    This property features: 1-acre unrestricted commercial lot in Tom Bean, TX (Grayson County, 75090), priced at $74,500.; Flat terrain suitable for various commercial developments, including barndominiums or manufactured homes.; Convenient roadside access to water and electric.
    (940) 206-6444
    Request Owner's contact information
    Lot 7.2 Old Ida Rd Sherman, TX 75090
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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
    Lot 7.2 Old Ida Rd Sherman, TX 75090
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