Sherman, TX 75092,196 Hightower Road
Sherman, TX 75092,196 Hightower Road
Sherman, TX 75092,196 Hightower Road
40
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$14,995,000
Est. payment /mo
271 Acres Lot
Active Option Contract

196 Hightower Road Sherman, TX 75092

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UPDATED:

01/17/2025 09:55 PM

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active Option Contract

Purchase Type For Sale

MLS Listing ID 20805656

HOA Y/N None

Year Built 2005

Annual Tax Amount $12,451

Lot Size 271.000 Acres

Acres 271.0

Property Description

PREPARE TO BE AMAZED BY THIS RANCH PROPERTY! Spanning 271 acres, this extraordinary estate boasts four year round
stocked ponds. This property is prime for development with 4800 FT of frontage on Spaulding Hightower Road and 2500 FT on Gage
Road. The property is well suited for a residential single-family development with picturesque greenspace. Nestled beyond the Sherman city limits, this property offers access to rural co-op water service at the street, while a private water well currently serves the improvements. The main residence and guest cottage command stunning views of a 3 acre lake brimming with trophy bass. The gently rolling landscape is a harmonious blend of lush pasture land and captivating wooded wildlife habitats. Approximately 3,845 feet of the property adjoins the Hagerman National Wildlife Refuge, ensuring seclusion and environmental conservation. This is an unparalleled opportunity to acquire superlative real estate in a rapidly expanding area. AG exempt!

Location

State TX

County Grayson

Zoning Residential & No Zoning

Direction From Hwy 82, Exit at Spalding Road. Travel north on Spalding Rd to a fork in the road. Spalding Rd curves west, and Hightower Rd continues north. The property is located on the east side of Hightower Rd, just 2 miles from the proposed DNT extension, providing easy access to the DFW Metroplex.

Interior

Heating Active Solar, Central, Electric, Fireplace Insert, Fireplace(s), Propane, Solar, Zoned

Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned

Heat Source Active Solar, Central, Electric, Fireplace Insert, Fireplace(s), Propane, Solar, Zoned

Exterior

Exterior Feature Attached Grill, Barbecue, Boat Slip, Built-in Barbecue, Covered Deck, Covered Patio/Porch, Dock, Dog Run, Garden(s), Gas Grill, Rain Gutters, Kennel, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Center, Playground, Private Entrance, Private Yard, RV/Boat Parking, Stable/Barn, Storage

Fence Cross Fenced, Fenced, Gate, High Fence, Metal, Perimeter, Pipe, Wire, Wrought Iron

Utilities Available Aerobic Septic, All Weather Road, Asphalt, Cable Available, Co-op Electric, Co-op Membership Included, Concrete, Electricity Connected, Gravel/Rock, Outside City Limits, Phone Available, Private Sewer, Private Water, Propane, Septic, Underground Utilities, Well

Waterfront Description Dock – Covered,Lake Front

Street Surface Asphalt

Lot Frontage 4800.0

Garage No

Building

Lot Description Acreage, Agricultural, Brush, Cleared, Irregular Lot, Landscaped, Level, Many Trees, Pasture, Rolling Slope, Sprinkler System, Tank/ Pond, Water/Lake View, Waterfront

Schools

Elementary Schools S And S

Middle Schools S And S

High Schools S And S

School District S And S Cons Isd

Others

Restrictions Deed

Ownership Morgan Management Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, Special Funding, Other

Listing Terms 1031 Exchange, Cash, Conventional, Special Funding, Other

Special Listing Condition Aerial Photo, Build to Suit, Flood Plain, Survey Available


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Victoria Woodard • Homes By Lainie Real Estate Group

Learn More About LPT Realty

agent

Barbara Giberson

Agent | License ID: 0377338

+1(214) 914-7733

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196 Hightower Road