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.
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
- 47 days |
- 20 |
- 1 |
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
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $1,986,500-17.1% |
Source: NTREIS #21247682 Report a problem | ||
| 4/22/2026 | Listed for sale | $2,397,500+40% |
Source: My State MLS #11716728 Report a problem | ||
| 9/30/2024 | Listing removed | $1,712,550 |
Source: NTREIS #20513562 Report a problem | ||
| 4/26/2024 | Listed for sale | $1,712,550 |
Source: NTREIS #20513562 Report a problem | ||
| 3/6/2024 | Pending sale | $1,712,550 |
Source: NTREIS #20513562 Report a problem | ||
| 2/1/2024 | Contingent | $1,712,550 |
Source: NTREIS #20513562 Report a problem | ||
| 1/20/2024 | Listed for sale | $1,712,550+25.9% |
Source: NTREIS #20513562 Report a problem | ||
| 2/25/2022 | Sold | -- |
Source: Ebby Halliday solds #14727498_75090 Report a problem | ||
| 1/27/2022 | Pending sale | $1,360,000 |
Source: NTREIS #14727498 Report a problem | ||
| 12/27/2021 | Contingent | $1,360,000 |
Source: NTREIS #14727498 Report a problem | ||
| 12/20/2021 | Price change | $1,360,000+12.8% |
Source: NTREIS #14727498 Report a problem | ||
| 12/17/2021 | Listed for sale | $1,206,000 |
Source: NTREIS #14727498 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 3/10Tom Bean Elementary SchoolGrades: PK-5Distance: 5.3 mi
- 5/10Tom Bean Middle SchoolGrades: 6-8Distance: 4.7 mi
- 6/10Tom Bean High SchoolGrades: 9-12Distance: 4.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Grayson County
- Sherman
- 75090
- 950 Old Ida Rd




