0 State Hwy 11
Sherman, TX 75090

$2,699,000

Description

Great investment opportunity for this below market priced, 100+ acre property with main house of 13,612 sf, guest house of 1,730 sf and 1,600 sf Barn - Workshop. This property is currently zoned for use as a Rehab Facility, but is suitable for a B & B; Wedding venue; Rehab Center; Senior Living, etc. This location is within 15 minutes from Lake Texoma and draws many renters wishing to enjoy the recreational facilities of the lake. The Tom Bean ISD is highly respected and this site is also a great opportunity for a developer to build homes with acreage. There is also an opportunity to sub-divide into 3 parcels: main house and 23 acs; guest house and 20 acs; and the 59 acs of land for a potential profit.

Details

MLS#13989576
Sub-TypeResale
StatusActive
Year2004
Days On Site127

Features

SQ Feet13,612
Story(s)3
Units2
ZoningCOMM F1

Market Activity 75090

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Area Information

StateTX
CountyGrayson
CitySherman
Zip Code75090
AreaGRAYSON AREA (37)
Listing VS Median (in 75090)
Price:
$2,699,000
low | high
Med:
$210,000
100% of Average
SqFt:
13,612
low | high
Med:
2,580
100% of Average
$ / SqFt:
$198
low | high
Med:
$81
100% of Average
On Site:
127
low | high
Med:
20
100% of Average
Listing Updated: 04/22/2019
MLS Number: 13989576
Listing Provided By:
Michael Atkins  of  EXP REALTY

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.