225 CALEB ROAD, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
225 Caleb Road
Sherman, TX 75090
List Price$920,000
Listing #21159925
About This Property
Rare opportunity to own 23 pristine acres in the rapidly expanding Sherman area. This expansive tract is currently Ag-exempt and being farmed for winter wheat, offering immediate tax benefits and exceptional investment potential. Ideal for a residential development or a private luxury estate, the property features a clean topography with the distinct advantage of having zero acreage located in a flood zone. A charming small creek meanders along the tree line, providing a scenic natural border while remaining easily crossable by vehicle for full property access. Included on the site is a functional 1,216 sqft single-wide mobile home featuring 3 bedrooms and 2 bathrooms, which is perfect for rental income, a foreman's quarters, or a temporary residence while you build. Whether you are looking to develop immediately or hold for future appreciation in a high growth corridor, this versatile property offers the space and utility to realize your vision.
Property Features
Location Information
County
Grayson
Subdivision
Grayson Co Unplatted
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Septic Available
Zoning
Agriculture/Development
Lot Description
Acreage, Agricultural, Subdivided
Development Status
Other
Lot Size in Acres
23.06
Is One Story
No
Lot Size in Sq. Ft.
1,004,493
Lot Description
Acreage, Agricultural, Subdivided
Current Use
Agricultural
School
Elementary School District
Sherman ISD
Jr. High School
Sherman
Elementary School
Jefferson
High School
Sherman
Additional Information
Property Type
LL
Status
Active
Property SubType
Unimproved Land
Has a Home Owners Association
No
Year Built
2019
Similar Listings
Mortgage Calculator
$4,295
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,315
Monthly Tax
$766
Monthly Insurance
$214
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
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