196 Hightower Road, Sherman, Texas 75092

$14,995,000
List Price
$14,995,000
MLS#
20707955
Status
ACTIVE
Type
Land
Acres
32
County
Grayson
City
Sherman
Development
Unzoned

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!

Additional Information

Unexempt Taxes
$12,451
HOA
No HOA
Lot Size
11,804,760
Acres
271
Lot Description
Acreage, Agricultural, Brush, Cleared, Irregular Lot, Landscaped, Level, Many Trees, Pasture, Rolling Slope, Sprinkler System, Tank/ Pond, Water/Lake View, Waterfront
Subdivided
No
Street Utilities
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
Heating Cooling
Active Solar, Central, Electric, Fireplace Insert, Fireplace(s), Propane, Solar, Zoned
Exterior
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
Road Frontage Desc
County Road
School District
S And S Cons Isd
Elementary School
S And S
Middle School
S And S
High School
S And S
Possession
Negotiable
Number of Stock Tanks
4
Present Use
Agricultural, Cattle, Crops, Crops and Livestock, Grazing, Hunting/Fishing, Livestock, Orchards/Vineyards, Pasture, Ranch, Recreational, Residential, Single Family
Proposed Use
Agricultural, Cattle, Development, Equine, Exotics, Grazing, Horses, Hunting/Fishing, Investment, Livestock, Mixed Use, Multi-Family, Orchards/Vineyards, Pasture, Ranch, Recreational, Residential, Resort, Single Family, Subdevelopment
Zoning
Residential & No Zoning
Possession
Negotiable
Ag Exemption
Yes
Restrictions
Deed
Easements
Electric

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Victoria Woodard from Homes By Lainie Real Estate Group. Contact: 903-786-6063