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.
For sale
$700,000
5005 Ob Groner Rd, Sherman, TX 75092
3beds
1,929sqft
Est.:
Single Family Residence
Built in 2002
6 Acres Lot
$671,900 Zestimate®
$363/sqft
$-- HOA
What's special
- 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
Estimated market value
$671,900
$638,000 - $705,000
$2,039/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Listed for sale | $700,000+0.1%$363/sqft |
Source: NTREIS #21163215 Report a problem | ||
| 1/21/2026 | Listing removed | $2,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/26/2025 | Price change | $2,750-6.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/14/2025 | Price change | $2,950-3.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/10/2025 | Price change | $3,050-3.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2025 | Listed for rent | $3,150+12.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/24/2024 | Listing removed | $2,800-5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2024 | Price change | $2,950-0.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/14/2024 | Price change | $2,975-3.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2024 | Price change | $3,095-4.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2024 | Listed for rent | $3,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/6/2023 | Listed for rent | $3,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2023 | Sold | -- |
Source: Ebby Halliday solds #20384764_75092 Report a problem | ||
| 8/9/2023 | Pending sale | $699,000$362/sqft |
Source: NTREIS #20384764 Report a problem | ||
| 8/2/2023 | Contingent | $699,000$362/sqft |
Source: NTREIS #20384764 Report a problem | ||
| 7/20/2023 | Listed for sale | $699,000$362/sqft |
Source: NTREIS #20384764 Report a problem | ||
| 4/29/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 6/10Henry W Sory Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 5/10Piner Middle SchoolGrades: 6-8Distance: 3.8 mi
- 4/10Sherman High SchoolGrades: 9-12Distance: 1.3 mi
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.




