Contact
SRE-Sudderth Real Estate
100 E Collin St. / 404 N Powell Parkway
Leonard / Anna , TX
Phone:
(903) 587-3301
Fax:
(903) 587-2404
Mobile:
(972) 658-2084
Email: rodger@sretexas.com
sretexas@sretexas.com

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1416 Wells Avenue E
Sherman, TX 75090
Grayson
5005 Ob Groner Road
Sherman, TX 75092
Grayson, US
Community: None
$700,000.00 listing calculator
Status: Active (For Sale)
Type: Residential
Subtype: Single Family Residence
Lot Size: 6 Acres
Year Built: 2002
Bedrooms: 3
MLS ID: 21163215


Overview
Photos (2)
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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 zoning 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.

Opportunities like this—no HOA, equestrian-ready, and located in a major growth corridor—are becoming increasingly scarce. Secure your position today.

Courtesy Of: Beam Real Estate, LLC


Feature Highlights


  • Dining Room
  • Family Room
  • Fireplace

General Features


Garage:
Driveway,Garage,Garage Door Opener,Garage Single Door,RV Access/Parking

Public Schools


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

Interior Features


Beds Total:
3
Room Count:
6
Baths Full:
2
Number Of Living Areas:
1
Number Of Dining Areas:
1
Interior Features:
Eat-in Kitchen,High Speed Internet Available,Open Floorplan,Walk-In Closet(s)
Fireplaces Total:
1
Fireplace Features:
Wood Burning

Exterior Features and Amenities


Lot Size:
5 to < 10 Acres
Lot Size Area:
5.9990
Lot Size Units:
Acres
Parking Features:
Driveway,Garage,Garage Door Opener,Garage Single Door,RV Access/Parking

Utility Information


Utilities:
City Water,Co-op Electric,Septic

Financial


Unexempt Taxes:
$13,838.00
Tax Legal Description:
G-1115 STAMPS JASON A-G1115, ACRES 5.999
Transaction Type:
For Sale

Other Features


Will Subdivide:
No
Structural Style:
Single Detached
Possession:
Closing/Funding
Parcel Number:
215131


Directions


From US 75 > W Heritage Pkwy > Turn Left to Ob Groner Road > 5005 Ob Groner Road

Availability Calendar


- Available - Unavailable

Rental Rates


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Data last updated: 2026-01-27
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