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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.
    18 days
    |
    647
    |
    8
    |

    Zillow last checked: 8 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

    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%

    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

    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.

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