Outstanding opportunity to acquire 36.30 acres within the city limits of Tom Bean. Water and sewer services are available in close proximity to the site, which is located less than half a mile from Tom Bean High School. The acreage has the potential to be subdivided into larger lots for residential development or can be maintained under the current agricultural assessment, benefiting from a favorable tax rate. The property is zoned SF-E and is situated within city limits. Excellent for long-term investment or development, This property is bordered by two roads, providing approximately 1,565 feet of frontage along FM 902 and an additional 990 feet along Joe Bob Ln. The land is positioned just south of Hwy 11 and is conveniently a 10-minute drive from Hwy 75, 7 miles from HWY 75. Currently, the property is zoned as SF-E (single family estates). The topography is gentle, and according to FEMA maps, there is no floodplain on the property. A recent survey is available. SURVEY IS ATTACHED IN THE TRANSACTION DESK
Lot/land
Price cut: $100K (5/24)
$1,790,000
Joe Bob Ln, Sherman, TX 75090
--beds
--baths
36.3Acres
Unimproved Land
Built in ----
36.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Bordered by two roads
- 79 days |
- 9 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Syed Ahmed 0550716 214-606-6796,
DHS Realty 972-979-8413
Source: NTREIS,MLS#: 21249225
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 36.3 Acres
- Features: Acreage, Agricultural, Cleared, Corner Lot, Few Trees, City Lot
Details
- Parcel number: 129472
- Zoning description: SF-E Single Family Residential District- Estate
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Shannon Aaron
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Annual tax amount: $8
- Date on market: 4/23/2026
- Cumulative days on market: 80 days
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,222/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2026 | Price change | $1,790,000-5.3% |
Source: NTREIS #21249225 Report a problem | ||
| 4/23/2026 | Listed for sale | $1,890,000+48.5% |
Source: NTREIS #21249225 Report a problem | ||
| 9/11/2024 | Listing removed | $1,272,500 |
Source: NTREIS #20435182 Report a problem | ||
| 7/4/2024 | Listed for sale | $1,272,500 |
Source: NTREIS #20435182 Report a problem | ||
| 3/24/2024 | Contingent | $1,272,500 |
Source: NTREIS #20435182 Report a problem | ||
| 2/26/2024 | Price change | $1,272,500-7.3% |
Source: NTREIS #20435182 Report a problem | ||
| 11/13/2023 | Price change | $1,372,000-7.2% |
Source: NTREIS #20435182 Report a problem | ||
| 9/21/2023 | Listed for sale | $1,479,000 |
Source: NTREIS #20435182 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Climate risks
Neighborhood: 75090
Nearby schools
GreatSchools rating
- 3/10Tom Bean Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10Tom Bean Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Tom Bean High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Tom Bean
- Middle: Tom Bean
- High: Tom Bean
- District: Tom Bean 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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Contact agent
- Texas
- Grayson County
- Tom Bean
- 75090
- Joe Bob Ln