3356 OLD DORCHESTER ROAD, SHERMAN, TX 75092

Homes for sale in Sherman.

Homes for sale in 75092.


3356 Old Dorchester Road

Sherman, TX 75092

Status of the property has changed, please contact for details

List Price$1,828,440

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20952681

49

Acres

Lots / Land

Type

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

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