5005 Ob Groner Road, Sherman, TX 75092
Local realty services provided by:CENTURY 21 Elite
Listed by: pk avala
Office: beam real estate, llc.
MLS#:21163215
Source:GDAR
Price summary
- Price:$649,000
- Price per sq. ft.:$336.44
About this home
Seller is offering the property For SALE or LONG TERM LEASE
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....
Contact an agent
Home facts
- Year built:2002
- Listing ID #:21163215
- Added:96 day(s) ago
- Updated:May 02, 2026 at 11:41 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Microwave
- Living area:1,929 sq. ft.
Structure and exterior
- Year built:2002
- Building area:1,929 sq. ft.
- Lot area:6 Acres
- Levels:1 Story
Schools
- High school:Sherman
- Middle school:Piner
- Elementary school:Henry W Sory
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$336.44
- Tax amount:$13,838
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave
- Laundry features:Dryer
Parking
- Garage:Yes
- Garage spaces:2
- Carport spaces:2
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