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For sale
  • $700,000

    5005 Ob Groner Rd, Sherman, TX 75092

    3beds
    1,929sqft
    : 
    Single Family Residence
    Built in 2002
    6 Acres Lot
    $671,900 Zestimate®
    $363/sqft
    $-- HOA

    What's special

    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. Opportunities like this—no HOA, equestrian-ready, and located in a major growth corridor—are becoming increasingly scarce. Secure your position today.
    25 days
    |
    1,167
    |
    43
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 18, 2026 at 09:12am

    Listed by:

    PK Avala 0833085 469-545-8605,

    Beam Real Estate, LLC 972-484-6644

    Source: NTREIS,MLS#: 21163215

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Dimensions: 15 x 13
    Bedroom
    • Level: First
    • Dimensions: 10 x 11
    Bedroom
    • Level: First
    • Dimensions: 10 x 10
    Den
    • Level: First
    • Dimensions: 7 x 16
    Kitchen
    • Level: First
    • Dimensions: 10 x 10
    Living room
    • Level: First
    • Dimensions: 16 x 19
    Appliances
    • Included: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave
    Features
    • Eat-in Kitchen, High Speed Internet, Open Floorplan, Walk-In Closet(s)
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 1,929 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Single, Driveway, Garage, Garage Door Opener, RV Access/Parking
    • Attached garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 6 Acres
    Details
    • Parcel number: 215131

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Detached
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2002

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Septic Available, Water Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Sherman

    Financial & listing details

    • Price per square foot: $363/sqft
    • Tax assessed value: $630,925
    • Annual tax amount: $13,838
    • Date on market: 1/26/2026
    • Cumulative days on market: 26 days
    • Electric utility on property: Yes
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    Estimated market value

    $671,900

    $638,000 - $705,000

    $2,039/mo

    Price history

    Price history
    DateEventPrice
    1/26/2026Listed for sale$700,000+0.1%$363/sqft
    Source: NTREIS #21163215 Report a problem
    1/21/2026Listing removed$2,750$1/sqft
    Source: Zillow Rentals Report a problem
    11/26/2025Price change$2,750-6.8%$1/sqft
    Source: Zillow Rentals Report a problem
    11/14/2025Price change$2,950-3.3%$2/sqft
    Source: Zillow Rentals Report a problem
    11/10/2025Price change$3,050-3.2%$2/sqft
    Source: Zillow Rentals Report a problem
    10/19/2025Listed for rent$3,150+12.5%$2/sqft
    Source: Zillow Rentals Report a problem
    8/24/2024Listing removed$2,800-5.1%$1/sqft
    Source: Zillow Rentals Report a problem
    7/21/2024Price change$2,950-0.8%$2/sqft
    Source: Zillow Rentals Report a problem
    7/14/2024Price change$2,975-3.9%$2/sqft
    Source: Zillow Rentals Report a problem
    7/1/2024Price change$3,095-4.8%$2/sqft
    Source: Zillow Rentals Report a problem
    6/10/2024Listed for rent$3,250$2/sqft
    Source: Zillow Rentals Report a problem
    9/23/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/6/2023Listed for rent$3,250$2/sqft
    Source: Zillow Rentals Report a problem
    9/1/2023Sold--
    Source: Ebby Halliday solds #20384764_75092 Report a problem
    8/9/2023Pending sale$699,000$362/sqft
    Source: NTREIS #20384764 Report a problem
    8/2/2023Contingent$699,000$362/sqft
    Source: NTREIS #20384764 Report a problem
    7/20/2023Listed for sale$699,000$362/sqft
    Source: NTREIS #20384764 Report a problem
    4/29/2014Sold--
    Source: Agent Provided Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $630,925 -6.9%
    2024$14,863 $677,668 +99.1%
    2023-- $340,406 +10%
    2022$6,424 +10.9%$309,460 +10%
    2021$5,792 $281,327 +10%
    2020-- $255,752 +10%
    2019$5,515 +25.4%$232,502 +10%
    2018$4,400 -20%$211,365 +7.3%
    2017$5,500 $196,950 +0.2%
    2016$5,500 +57.7%$196,639 -19.9%
    2015$3,487 $245,580 0%
    2014$3,487 $245,660 +41.1%
    2013-- $174,081 -2.7%
    2012-- $178,948 -1.3%
    2011-- $181,245 0%
    2010-- $181,335 0%
    2009-- $181,424 -1.5%
    2008-- $184,177 0%
    2007-- $184,266 0%
    2006-- $184,355 +6.3%
    2005-- $173,419 +6.9%
    2004-- $162,169

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,149/mo
    Principal & interest
    $3297
    Property taxes
    $852

      Climate risks

      Neighborhood: 75092

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Henry W Sory
      • Middle: Piner
      • 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 75092

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