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Lot/land
  • Price cut: $411K (5/26)
    $1,986,500

    950 Old Ida Rd, Sherman, TX 75090

    --beds
    --baths
    68.5Acres
    Unimproved Land
    Built in ----
    68.5 Acres Lot
    $877,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Level topographyClean paved road frontagePrimarily open pasture
    Take a look at this exceptional 68.502 acre property located in Sherman, in the heart of rapidly growing Grayson County. Situated at 950 Old Ida Rd, this tract offers a rare opportunity to secure a sizable piece of land in one of North Texas's most active expansion corridors. With clean paved road frontage, level topography, a water line and electricity along the road, this property presents a low-friction investment ready for immediate or future use. The land is primarily open pasture, allowing for maximum flexibility whether your vision is residential development, long-term holding, or strategic positioning for future growth. The Sherman area is experiencing significant momentum as development continues to push north along the U.S. Highway 75 corridor. Recent large-scale industrial and semiconductor investments have reshaped the region's growth trajectory, increasing demand for well-located acreage. This property sits just 22 miles from Preston Harbor, the massive mixed-use development coming to Denison that is expected to bring thousands of residents, retail, and commercial activity to the region — further validating the long-term demand story for well-located Grayson County land. Tracts of this size, with accessibility and infrastructure, are becoming increasingly scarce. Whether you're a developer, investor, or land buyer looking to get ahead of the curve, this 68.502 acre property offers a strong combination of location, usability, and long-term upside. Located just 15 minutes from Sherman, TX and approximately 1 hour and 8 minutes from DFW.
    47 days
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    20
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Marzahl 0826997 469-596-9016,

    Arrowhead Land Company 817-915-2502

    Source: NTREIS,MLS#: 21247682

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Fencing: Barbed Wire
      Lot
      • Size: 68.5 Acres
      • Features: Acreage, Agricultural, Level
      Details
      • Parcel number: 126466
      • Zoning description: NA

      Utilities & green energy

      • Water: Public
      • Utilities for property: Electricity Available, Water Available

      Community & HOA

      Community
      • Subdivision: Na
      HOA
      • Has HOA: No
      Location
      • Region: Sherman

      Financial & listing details

      • Tax assessed value: $250,640
      • Annual tax amount: $465
      • Date on market: 4/22/2026
      • Cumulative days on market: 54 days
      • Road surface type: Asphalt

        Estimated market value

        $877,700

        $588,000 - $1.26M

        $1,331/mo

        Price history

        DateEventPrice
        5/26/2026Price change$1,986,500-17.1%
        Source: NTREIS #21247682 Report a problem
        4/22/2026Listed for sale$2,397,500+40%
        Source: My State MLS #11716728 Report a problem
        9/30/2024Listing removed$1,712,550
        Source: NTREIS #20513562 Report a problem
        4/26/2024Listed for sale$1,712,550
        Source: NTREIS #20513562 Report a problem
        3/6/2024Pending sale$1,712,550
        Source: NTREIS #20513562 Report a problem
        2/1/2024Contingent$1,712,550
        Source: NTREIS #20513562 Report a problem
        1/20/2024Listed for sale$1,712,550+25.9%
        Source: NTREIS #20513562 Report a problem
        2/25/2022Sold--
        Source: Ebby Halliday solds #14727498_75090 Report a problem
        1/27/2022Pending sale$1,360,000
        Source: NTREIS #14727498 Report a problem
        12/27/2021Contingent$1,360,000
        Source: NTREIS #14727498 Report a problem
        12/20/2021Price change$1,360,000+12.8%
        Source: NTREIS #14727498 Report a problem
        12/17/2021Listed for sale$1,206,000
        Source: NTREIS #14727498 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$465 +0.1%$198,554 +10%
        2024$465 -0.2%$180,504 -14.1%
        2023$466 -62.4%$210,087 +10%
        2022$1,238 +0%$190,988 +10%
        2021$1,238 $173,625 +10%
        2020-- $157,841 +10%
        2019$1,237 $143,492 -27.5%
        2018-- $197,962 +25.9%
        2017-- $157,278 -3.2%
        2016-- $162,417 +65.7%
        2015-- $98,006 +3.3%
        2014-- $94,858 +21.5%
        2013-- $78,047
        2012-- $78,047 -8.6%
        2011-- $85,428 +1.9%
        2010-- $83,827
        2009-- $83,827
        2008-- $83,827 -2.4%
        2007-- $85,864 -3.5%
        2006-- $89,024 +45%
        2005-- $61,386 +10%
        2004-- $55,805 +21%
        2002-- $46,120 +10%
        2001-- $41,927
        2000-- $41,927

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75090

        Getting around

        0 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tom Bean
        • Middle: Tom Bean
        • High: Tom Bean
        • District: Tom Bean ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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