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Land with Home for Sale in Sherman, Texas

5005 Ob Groner Rd, Sherman, TX 75092

$649,000
6 acres
Active sale
$10k drop
Est $4,469/mo

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.

1,929
Sq feet
3
Beds
2
Full baths
2002
Built

Location

Street address
5005 Ob Groner Rd
Zip code
75092
School district
Sherman ISD
Elevation
817 feet
Coordinates
33.5949, -96.6552

Directions

From US 75 > W Heritage Pkwy > Turn Left to Ob Groner Road > 5005 Ob Groner Road

Property details

Acreage
5.999 acres
MLS #
NTREIS 21163215
Posted

Property taxes

Recent
$13,838

Parcels

  • 215131

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Driveway, Garage, Open, RV

Structure

Stories
1
Water
Public
Sewer
Septic Tank

Interior

Rooms
Bathroom x 2, Bedroom x 3, Den
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave
Features
Eat In Kitchen, High Speed Internet, Open Floorplan, Walk In Closets

Nearby schools

NameTypeDistrict
Henry W SoryElementarySherman ISD
PinerMiddleSherman ISD
ShermanHighSherman ISD

Listing history

DateEventPriceChangeSource
Mar 27, 2026Price drop$649,000$10,000 -1.5%NTREIS
Mar 9, 2026Price drop$659,000$26,000 -3.8%NTREIS
Feb 21, 2026Price drop$685,000$15,000 -2.1%NTREIS
Jan 27, 2026New listing$700,000NTREIS
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This 5.999-acre property is located at 5005 Ob Groner Rd in Sherman, TX 75092. The property is available for sale, priced at $649,000. It has a 1,929 sq ft 3 bedroom, 2 bath house built in 2002.

Listed by Beam Real Estate, (972) 484-6644

Checked 2 hours agoUpdated Source

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