5005 OB GRONER ROAD, SHERMAN, TX 75092
Homes for sale in Sherman.
Homes for sale in 75092.
List Price$625,000
5005 Ob Groner Road
Sherman, TX 75092
Listing #21325880
About This Property
Seller is offering the property For SALE or LONG TERM LEASE Strategic 5.99 Acres Land with House, Residence or Investment , Luxury Equestrian Estate , No HOA , Sherman Tech Corridor Position yourself at the intersection of lifestyle, land, and long-term appreciation with this exceptional acreage in Sherman, Texas. Strategically located near the Texas Instruments campus and the rapidly expanding North Texas tech and advanced manufacturing corridor. This horse property with no HOA offers a rare combination of immediate functionality and future upside. The land features an existing barn designed to accommodate up to five horses, along with a workshop, making it ideal for equestrian use, private estate living, or a high-value land hold for future redevelopment (buyer to verify zoning and use). From an investor's perspective, this property stands out due to its proximity to one of the largest economic growth initiatives in the region. Major infrastructure investments, job creation, and corporate expansion continue to drive strong demand in Sherman, positioning this acreage as a compelling long-term land play in an area with limited supply and increasing institutional interest. Key Features & Value Drivers: No HOA -- full freedom of use and customization Horse property with barn (up to 5 horses) Workshop for equipment, hobbies, or business use Located near Texas Instruments & Sherman Tech Growth Corridor Strong future appreciation and redevelopment potential Ideal for investors, equestrian buyers, and luxury land seekers Rare opportunity for multi-use land in a high-growth market Whether you are a high-net-worth buyer seeking a private equestrian estate, an investor securing land near major job growth, or a visionary buyer looking to blend rural luxury with strategic positioning, this property offers unmatched versatility and upside.
Property Features
Location Information
County
Grayson
Subdivision
None
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Den, First Floor Kitchen, First Floor Living Room, First Floor Primary Bedroom
Kitchen Description
10 x 10
Interior
Eat-in Kitchen, High Speed Internet, Open Floorplan, Walk-In Closet(s)
Has Fireplace
Yes
Master Bedroom Description
15 x 13
Number of Fireplaces
1
Full Baths
2
Appliances
Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave
Living Room Description
16 x 19
Exterior Features
Style
Detached, Farmhouse
Garage Spaces
2
Stories
1
Pool Description
None
Utilities
Electricity Available, Septic Available, Water Available
Lot Size in Acres
5.999
Parking Description
Door-Single, Driveway, Garage, Garage Door Opener, RV Access/Parking
Lot Size in Sq. Ft.
261,316
Has Garage
Yes
Is One Story
Yes
School
Elementary School District
Sherman ISD
Jr. High School
Piner
Elementary School
Henry W Sory
High School
Sherman
Additional Information
Property Type
SFR
Status
Active
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
13838.0
Year Built
2002
Similar Listings
Mortgage Calculator
$2,917
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,252
Monthly Tax
$520
Monthly Insurance
$145
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.
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