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Agricultural Land for Sale in Southmayd, Texas

State Highway 56, Southmayd, TX 76268

$5,200,000
196 acres
Active
ago
Est $42,555/mo

Outstanding 195.55-acre property offers a rare opportunity to own a large, prime tract of land with substantial potential upside. With frontage on both Highway 56 and Deaver Road, the property is perfectly positioned to take advantage of the area's growth. The future tollway path nearby will only add to the land's value, making it a prime opportunity to hold for long-term appreciation. The varied terrain with a mix of trees and open pasture includes two ponds and provides a unique landscape with endless possibilities. Agricultural exemption in place. This property is extremely well positioned to benefit from the present and future growth of north Texas and the Sherman area. Survey in additional documents on MLS.

Location

Street address
State Highway 56
Community
Craft
Elevation
720 feet
Coordinates
33.6266, -96.7401

Directions

From North Heritage Parkway- FM 1417 take Hwy 56 West for 6.5 miles to Gibbons Rd. Turn right (North) onto Gibbons Rd and follow 1.8 miles to property. Property is on the left (South side). Gibbons road turns into Deaver Rd as it curves West.

Property details

Acreage
195.55 acres
MLS #
NTREIS 21112124
Posted

Parcels

  • 123529

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Exterior

Fencing
Fenced
Features
Fence

Nearby schools

NameLevelDistrictDescription
S and SElementary

Listing history

DateEventPriceChangeSource
Nov 15, 2025New listing$5,200,000NTREIS
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This 195.55-acre property is located at State Highway 56 in Southmayd, TX 76268. The property is available for sale for $5,200,000 with a price per acre of $26,592.

Checked 1 hour ago — Updated

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