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Grayson, US
Discover the perfect blend of country comfort and multi-generational flexibility on this beautiful 28-acre property located along FM 697 in Sherman, Texas. The main home, built in 1965, features a 3-bedroom, 2-bath layout with a desirable split-bedroom floorplan, offering privacy for the primary suite and an efficient flow throughout approximately 1,862 sq ft of living space. Large living space and wide-open views create a warm and inviting atmosphere ideal for everyday living. In addition to the primary residence, the property features two attached one-bedroom in-law suites, each with its own private entrance. These suites are ideal for extended family, guests, or potential rental income, providing exceptional versatility rarely found in properties of this size. Outdoors, the land is fully fenced and showcases three ponds, ideal for livestock, horses, or recreational enjoyment. A spacious 30x50 shop adds exceptional utility for equipment storage, vehicles, hobbies, or a home-based business. With open pasture, mature trees, and scenic water features, this acreage offers the freedom to create the lifestyle you’ve been dreaming of. Enjoy unmatched privacy with convenient access to Sherman, while still being close to major highways, shopping, and schools. Whether you're seeking a homestead, multi-family living arrangement, or a functional agricultural property, this unique estate offers it all.
Courtesy Of: RE/MAX Signature Properties
Feature Highlights
- Dining Room
- Family Room
- Fireplace
- Wood Floor
- Tile Floor
- Accessory Unit
General Features
- Style:
- Ranch,Traditional
- Foundation Type:
- Slab
- Garage:
- Concrete,Other
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Dillingham
- Middle School:
- Sherman
- High School:
- Sherman
Interior Features
- Interior Features:
- Decorative Lighting,In-Law Suite Floorplan,Kitchen Island,Pantry
- Room Count:
- 2
- Number Of Living Areas:
- 1
- Number Of Dining Areas:
- 1
- Heating:
- Central,Electric,Fireplace(s)
- Flooring:
- Carpet,Ceramic Tile,Simulated Wood
- Fireplaces Total:
- 1
- Fireplace Features:
- Brick,Living Room,Raised Hearth,Wood Burning
- Beds Total:
- 3
- Baths Full:
- 2
Exterior Features and Amenities
- Exterior Features:
- Covered Patio/Porch,Stable/Barn,Storage
- Roof:
- Metal
- Subdivision Name:
- G-1226
- Parking Features:
- Concrete,Other
- Architectural Style:
- Ranch,Traditional
- Lot Size Units:
- Acres
- Lot Size Area:
- 28.1200
- Lot Size:
- 10 to < 50 Acres
- Lot Features:
- Acreage,Many Trees,Tank/ Pond
- Fencing:
- Full
Utility Information
- Utilities:
- Co-op Electric,Co-op Water,Electricity Connected,Outside City Limits,Septic
Financial
- Transaction Type:
- For Sale
Other Features
- Year Built Details:
- Preowned
- Will Subdivide:
- No
- Structural Style:
- Single Detached
- Accessory Unit Type:
- Guest Quarters
- Special Notes:
- Aerial Photo
- Restrictions:
- No Known Restriction(s)
- Possession:
- Closing/Funding
- Parcel Number:
- 125943
- Foundation Details:
- Slab
- Construction Materials:
- Brick
Directions
Driving E on Hwy 82, take exit for FM 1417 and TX-56 E. Turn right onto JP Cave Road. Turn right onto FM697. Property on the right.

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Data last updated: 2025-12-31.
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