Active

5005 Ob Groner Road

Sherman, Texas 75092

$649,000 $2,736/Mo

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Overview

Bed

Bath

1,929

Sqft

6.00

Acres(Lot)

Description

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 zonin g 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.

Property Details

Property Type : Residential

Price : $649,000

AD Id : 74552569

MLS Id : 549967718

Beds : 3

Lot Size : 6.00 Acres

Living Area Size : 1,929

Year Built : 2002

Garage : 2

County : Grayson

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Eat-in Kitchen,High Speed Internet Available,Open Floorplan,Walk-In Closet(s)

Appliances

Dishwasher,Disposal,Dryer,Electric Cooktop,Microwave

Utilities

City Water,Co-op Electric,Septic
Fireplace

Number of Fireplaces: 1 Fireplace Features: Wood Burning

Building Information

Built Year: 2002

Lot Information

Lot Size (Acr): 5.9990 Lot Size Units: Acres Lot Size Square Feet: 261,316
Property Information

SQ ft (Living Area): 1,929 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: None City: Sherman State: Texas Directions: From US 75 > W Heritage Pkwy > Turn Left to Ob Groner Road > 5005 Ob Groner Road Property Status: Active Levels: One Property Age: 24

Listing Price Information

Original List Price: $649,000 List Price Tot SqFt: $336
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 215131 Tax Legal Description: G-1115 STAMPS JASON A-G1115, ACRES 5.999 Unexempt Taxes: $13,838

Parking Information

Has Garage Garage Space: 2 Carport Spaces: 2 Parking Features: Driveway,Garage,Garage Door Opener,Garage Single Door,RV Access/Parking
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Henry W Sory Middle School: Piner High School: Sherman School District: Sherman ISD
Utility Information

Utilities: City Water,Co-op Electric,Septic

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1401 Greenbrier Drive, Sherman, TX, 75092	$309,900	3	2	1,932	1,932 SqFt
2517 Nantucket Drive, Sherman, TX, 75092	$414,999	4	3	2,609	2,609 SqFt
3422 Ballam Street, Sherman, TX, 75092	$310,000	3	2	1,792	1,792 SqFt
4300 Hummingbird Drive, Sherman, TX, 75092	$319,500	4	2	1,700	1,700 SqFt
4805 Park Avenue, Sherman, TX, 75092	$315,000	3	2	1,573	1,573 SqFt
3356 Old Dorchester Rd, Sherman, TX, 75092	$1,300,000	3	2	1,008	1,008 SqFt
655 Naylor Road, Sherman, TX, 75092	$500,000	6	3	3,414	3,414 SqFt
3303 & 3407 Gage Road, Sherman, TX, 75092	$2,700,000	3	3	1,750	1,750 SqFt

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ByOwner last updated this listing 06/17/2026 @ 21:01

MLS: 549967718 LISTED BY: PK Avala, Beam Real Estate, LLC 972-484-6644 SOURCE: NTREIS - North Texas Real Estate Information