Homes for sale - 3356 Old Dorchester Road, Sherman, TX 75092

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Marissa Fontanez

[email protected] +1(214) 789-9187

$1,828,440

Est. payment - /mo

49 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Rosborough

MLS Listing ID 20952681

HOA Y/N None

Year Built 1981

Annual Tax Amount $2,954

Lot Size 49.000 Acres

Acres 49.0

Property Sub-Type Improved Land

Property Description

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.

Location

State TX

County Grayson

Zoning None.

Direction 3356 Old Dorchester Road - Sherman, TX 75092 or text listing agent for a PIN.

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Heat Source Central

Exterior

Fence Barbed Wire, Cross Fenced

Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Membership Included, Electricity Connected, Outside City Limits, Overhead Utilities, Rural Water District, No City Services

Lot Frontage 2990.0

Garage No

Building

Lot Description Acreage, Agricultural, Pasture, Tank/ Pond, Varied

Schools

Elementary Schools Summit Hill

High Schools Howe

School District Howe Isd

Others

Restrictions No Known Restriction(s)

Ownership Lilly

Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank

Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank

Special Listing Condition Aerial Photo, Flood Plain

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20952681

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by DAVID NORMAN • DAVID NORMAN LAND COMPANY

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

3356 Old Dorchester Road Sherman, TX 75092