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Grayson, US
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.
Courtesy Of: DAVID NORMAN LAND COMPANY
Feature Highlights
- AG Exemption
Public Schools
- School District:
- Howe ISD
- Elementary School:
- Summit Hill
- High School:
- Howe
Interior Features
- Frontage Feet:
- 2990
- Heating:
- Central
Exterior Features and Amenities
- Lot Features:
- Acreage,Agricultural,Pasture,Tank/ Pond,Varied
- Subdivision Name:
- Rosborough
- Number Of Barns:
- 2
- Lot Size Units:
- Acres
- Lot Size Source:
- Assessor
- Lot Size Area:
- 49.0000
- Lot Size:
- 10 to < 50 Acres
- Fencing:
- Barbed Wire,Cross Fenced
- Crops:
- Coastal Bermuda,Common Bermuda,Hardwood Timber,Improved Pasture,Native
- Acres Pasture:
- 48.00
Utility Information
- Utilities:
- All Weather Road,Asphalt,Co-op Electric,Co-op Membership Included,Electricity Connected,Outside City Limits,Overhead Utilities,Rural Water District,No City Services
Financial
- Unexempt Taxes:
- $2,954.00
- Tax Legal Description:
- G-1019 ROSBOROUGH JAMES F A-G1019, ACRES 49.0
Other Features
- Will Subdivide:
- No
- Surface Rights:
- All
- Special Notes:
- Aerial Photo,Flood Plain
- Restrictions:
- No Known Restriction(s)
- Possession:
- Closing/Funding
- Parcel Number:
- 125088
- Intermediate School Name:
- Howe
- Easements:
- Electric
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Data last updated: 2025-08-05.
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