Description
Nestled in the heart of sherman’s rapidly growing development corridor lies an exceptional 49-acre property, offering an unparalleled investment opportunity. positioned near sherman’s semiconductor hub and the expanding texas instruments campus, this land is at the center of a booming economic landscape, making it a prime asset for forward-thinking investors.
driving down old dorchester road, the scenic beauty of the property unfolds—a vast, fenced pasture with scattered mature trees, two tranquil ponds reflecting the texas sky, and an atmosphere of rural charm despite its proximity to significant commercial expansion. with approximately 2,990 feet of road frontage on two sides of old dorchester rd., and a bordering connection to the bnsf railway, accessibility and future growth potential are built into the land’s very foundation.
a modest yet functional three-bedroom, two-bathroom home sits on the property, offering rental income potential for a buy-and-hold investor. nearby, a large insulated metal shop stands ready for agricultural or commercial use, while working pens for cattle further enhance the land’s versatility. agricultural exemption is already in place, providing additional financial advantages, and a reliable 2-inch water line serviced by dorchester co-op ensures essential infrastructure is readily available.
what sets this property apart is not just its breathtaking landscape, but its proximity to a future of unprecedented economic expansion. within mere miles of texas instruments’ $30 million investment and surrounded by ongoing residential developments, this land offers immense value—whether for immediate development or long-term appreciation.
buyer to verify the accuracy of all information, including lot sizes, schools, taxes, amenities, room measurements, etc. neither seller nor listing agent makes any warranties or representations as to accuracy.
Property Type
LandCounty
GraysonStyle
LandAD ID
49992993
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Property Details
-
Interior Features
Utilities
- All Weather Road,Asphalt,Co-op Electric,Co-op Membership Included,Electricity Connected,Outside City Limits,Overhead Utilities,Rural Water District,No City Services
Cooling Features
- Ceiling Fan(s),Central Air
Heating Source
- Central
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Exterior Features
Building Information
- Built Year: 1981
Fencing
- Barbed Wire,Cross Fenced
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Property / Lot Details
Lot Information
- Lot Size (Acr): 49.0000
- Lot Size Units: Acres
- Lot Size Square Feet: 2134440.0000
- Lot Size Source: Assessor
- Lot Features: Acreage,Agricultural,Pasture,Tank/ Pond,Varied
Property Information
- Property Type: Land
- Property Sub Type: Improved Land
- Subdivision: Rosborough
- City: Sherman
- State: Texas
- Directions: 3356 Old Dorchester Road - Sherman, TX 75092 or text listing agent for a PIN.
- Property Status: Active
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Listing Information
Listing Price Information
- Original List Price: $2,031,600
Listing Information
- Possession: Closing/Funding
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Taxes / Assessments
Tax Information
- Parcel Number: 125088
- Tax Legal Description: G-1019 ROSBOROUGH JAMES F A-G1019, ACRES 49.0
- Unexempt Taxes: $2,954
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- HOA Type: None
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School, Utilities & Location Details
School Information
- Elementary School: Summit Hill
- High School: Howe
- Intermediate School: Howe
- School District: Howe ISD
Utility Information
- Utilities: All Weather Road,Asphalt,Co-op Electric,Co-op Membership Included,Electricity Connected,Outside City Limits,Overhead Utilities,Rural Water District,No City Services
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
BuyOwner last updated this listing 06/16/2025 @ 14:29
- MLS: 456063400
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 49 sized lot, and 0 parking. are nearby neighborhoods.