Contact
Pat Fournier
Owner/Broker
200 E. Russell Ave.
Bonham, TX 75418
Phone:
903-486-6590
Fax:
903-583-5670
Mobile:
214-726-5338
Email: pat@fmirealty.com

»Request more details

You might also like...
16
photos
$150,000.00
2620 FM 1417
Sherman, TX 75092
6
photos
$63,900.00
409 Ridgeview Road
Sherman, TX 75092
5
photos
$1,633,500.00
2300 N Heritage Parkway
Sherman, TX 75090
3
photos
$167,500.00
$140,760.00
406 Tate Circle
Sherman, TX 75090
3
photos
$3,075,000.00
5414 FM 1417
Sherman, TX 75090
TBD Dripping Springs Road
Sherman, TX 75090
Grayson, US
Community: Mcglothlin Samuel M A-G0811
$397,500.00
Status: Active (For Sale)
Type: Lots & Acreage
Subtype: LND-Farm/Ranch
Use Type: Agriculture,Cattle,Equine,Grazin
Lot Size: 50 Acres
MLS ID: 13591632


Overview
Photos (19)
Request Showing

Great investment property, suitable for new residential subdivision or multifamily. This property is currently in Ag exemption with a low tax rate. It is also just outside the City Limit of Sherman with city utilities nearby.This is a perfect opportunity for someone to invest and hold on to it while values go up. Its a great location already surrounded by very nice residential subdivisions on 2 sides.
In the meantime you can enjoy the quietness of the country living or graze cattle over the pasture. It has lots of trees and 2 ponds for your relaxing fishing days. There no minerals available, but great owner financing with great flexible terms.

Feature Highlights


  • Subdivided
  • Subdivided
  • AG Exemption
  • AG Exemption

Public Schools


School District:
Sherman ISD
Elementary School:
Washington
Middle School:
Piner
High School:
Sherman

Exterior Features and Amenities


Zoning:
Agricultural,Not Zoned
Subdivision Name:
Mcglothlin Samuel M A-G0811
Road Frontage:
Asphalt,City
Number Of Lots:
1
Lot Size Units:
Acres
Lot Size Area SQFT:
2178000.00
Lot Size Area:
50.000
Lot Size:
50 Acres to 100 Acres
Lot Features:
Acreage,Cul De Sac,Heavily Treed,Horses Permitted,Irregular,Pasture,Tank/ Pond
Fencing:
Barbed Wire
Development:
Unzoned
Crops:
Native

Utility Information


Utilities Other:
Electric Avail. On Site,Gas Avail. On Site,Natural Gas,No Water Meter,Phone Avail. Off Site,Sewer Avail. Off Site
Utilities:
All Weather Road,Asphalt,City Sewer,City Water,Outside City Limits,Overhead Utilities

Financial


Tax Legal Description:
G-0811 MCGLOTHLIN SAMUEL M A-G0811, ACRES 64.09
Lots Sold Separate:
1
Lots Sold Package:
1
Financing Proposed:
Cash,Conventional,Federal Land Bank,Owner Carry First

Other Features


Will Subdivide:
No
Special Notes:
Aerial Photo,Survey Available
Soil Type:
Sandy Loam
Restrictions:
No Known Restriction(s)
Proposed Use:
Agriculture,Cattle,Equine,Grazing,Hunting/Fishing,Planned Unit Development,Residential Single
Present Use:
Agriculture,Cattle,Equine,Grazing,Hunting/Fishing
Possession:
Closing/Funding
Parcel Number:
118473
Intermediate School Name:
Dillingham
Easements:
Natural Gas


Directions


In Sherman go North on Texoma Pkwy to Enterprise Car Rental on your right, go right on Frisco Rd to Dripping Springs Rd, Go left to Sistrunk Ct, Go right and go to dead end of Sistrunk Ct at a gate with a Diamond D on it, sign on gate.

Availability Calendar


- Available - Unavailable

Rental Rates


Inquire about this property


The information presented here is deemed reliable, though not guaranteed.