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Lot/land
  • $939,999

    225 Caleb Rd, Sherman, TX 75090

    --beds
    --baths
    23.06Acres
    Unimproved Land
    Built in 2019
    23.06 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Expansive tractClean topographyScenic natural border
    Rare opportunity to own 23 pristine acres in the rapidly expanding Sherman area. This expansive tract is currently Ag-exempt and being farmed for winter wheat, offering immediate tax benefits and exceptional investment potential. Ideal for a residential development or a private luxury estate, the property features a clean topography with the distinct advantage of having zero acreage located in a flood zone. A charming small creek meanders along the tree line, providing a scenic natural border while remaining easily crossable by vehicle for full property access. Included on the site is a functional 1,216 sqft single-wide mobile home featuring 3 bedrooms and 2 bathrooms, which is perfect for rental income, a foreman's quarters, or a temporary residence while you build. Whether you are looking to develop immediately or hold for future appreciation in a high-growth corridor, this versatile property offers the space and utility to realize your vision.
    63 days
    |
    188
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 21, 2026 at 01:11pm

    Listed by:

    Zac Hamilton 0802605 903-818-6079,

    Texas Life Real Estate 903-818-6079

    Source: NTREIS,MLS#: 21159925

      Facts & features

      Interior

      Video & virtual tour

      Property

      Lot
      • Size: 23.06 Acres
      • Features: Acreage, Agricultural, Subdivided
      Details
      • Parcel number: 122301
      • Zoning description: Agriculture/Development

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Utilities for property: Septic Available

      Community & HOA

      Community
      • Subdivision: Grayson Co Unplatted
      HOA
      • Has HOA: No
      Location
      • Region: Sherman

      Financial & listing details

      • Tax assessed value: $768,639
      • Date on market: 1/21/2026
      • Listing terms: Cash,Conventional,Contract,1031 Exchange,Federal Land Bank

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,263/mo

        Price history

        Price history
        DateEventPrice
        1/21/2026Listed for sale$939,999-21.7%
        Source: NTREIS #21159916 Report a problem
        1/19/2026Listing removed--
        Source: Owner Report a problem
        1/1/2026Price change$1,200,000-9.4%
        Source: Owner Report a problem
        12/9/2025Listed for sale$1,325,000+4.5%
        Source: Owner Report a problem
        11/13/2025Listing removed$1,268,300
        Source: NTREIS #21105586 Report a problem
        11/6/2025Listed for sale$1,268,300-31.3%
        Source: NTREIS #21105586 Report a problem
        11/3/2025Listing removed$1,844,800
        Source: NTREIS #21016791 Report a problem
        9/16/2025Price change$1,844,800-20%
        Source: NTREIS #21016791 Report a problem
        8/2/2025Listed for sale$2,306,000
        Source: NTREIS #21016791 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $753,797 +6.9%
        2024$596 +39.7%$705,204 +11.9%
        2023$427 -61.7%$630,268 +32.9%
        2022$1,115 -6.2%$474,336 +64.7%
        2021$1,189 $287,993 +14.4%
        2020-- $251,677 +13.8%
        2019$92 $221,166 +5031.5%
        2018-- $4,310 -0.8%
        2017-- $4,343 +0.8%
        2016-- $4,310 +1.1%
        2015-- $4,264

        Find assessor info on the county website

        BuyAbility℠ payment

        Estimated monthly payment
        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.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 75090

        Getting around

        0 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Jefferson
        • Middle: Sherman
        • High: Sherman
        • District: Sherman ISD

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

        Local experts in 75090

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