3356 OLD DORCHESTER ROAD, SHERMAN, TX 75092
Homes for sale in Sherman.
Homes for sale in 75092.
3356 Old Dorchester Road
Sherman, TX 75092
List Price$1,828,440
Listing #20952681
About This Property
REDUCTION!...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 Features
Location Information
County
Grayson
Subdivision
Rosborough
Interior Features
Has Fireplace
No
Cooling
Central Air, Ceiling Fan(s)
Heating
Central
Exterior Features
Water / Sewer
Electricity Available, Electricity Connected, None, Overhead Utilities
Lot Size in Sq. Ft.
2,134,440
Utilities
Electricity Available, Electricity Connected, None, Overhead Utilities
Current Use
Agricultural, Cattle, Grazing, Hunting, Investment, Pas
Fencing
Barbed Wire, Cross Fenced
Possible Best Use
Agricultural, Cattle, Comme
Other Structures
Corral(s), Barn(s)
Zoning
None.
Horse Amenities
Barn, Stock Pen(s)
Road Description
All Weather Road, Asphalt
Lot Description
Acreage, Agricultural, Pasture, Pond on Lot
Is One Story
No
Lot Size in Acres
49
Lot Description
Acreage, Agricultural, Pasture, Pond on Lot
School
Elementary School District
Howe ISD
High School
Howe
Elementary School
Summit Hill
Additional Information
Property Type
LL
Tax Annual Amount
2954.0
Property SubType
Improved Land
Exclusions
Cattle panels by lot, deer feeder
Year Built
1981
Documents Available
Other, Topographical Survey, Aerial
Status
Active
Lot Acres Source
Assessor
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$8,537
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,588
Monthly Tax
$1,523
Monthly Insurance
$426
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
Walk Score
Real Estate IDX Powered by iHomefinder
