TBD 195.55 Acres State Hwy 56 Southmayd, TX $ 5,200,000
TBD 195.55 Acres State Hwy 56
$ 5,200,000
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TBD 195.55 Acres State Hwy 56

Southmayd, TX, 76268
$ 5,200,000
Baths0.0

Monthly Estimate*

$ 32,441

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Studio

Lots and Land for sale in Southmayd, TX

for $5,200,000. The lot size is 195.55.

Outstanding 195.55-acre property offers a rare opportunity to own a large, prime tract of land with substantial potential upside. With frontage on both Highway 56 and Deaver Road, the property is perfectly positioned to take advantage of the area’s growth. The future tollway path nearby will only add to the land’s value, making it a prime opportunity to hold for long-term appreciation. The varied terrain with a mix of trees and open pasture includes two ponds and provides a unique landscape with endless possibilities. Agricultural exemption in place. This property is extremely well positioned to benefit from the present and future growth of north Texas and the Sherman area. Survey in additional documents on MLS.

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Lots and Land Active

Price

$ 5,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

195.55

Town/City

Southmayd

County/Region

Grayson

MLS | Web ID

21112124

Features
General
Development Status Unzoned
Utilities All Weather Road
Possession Closing/Funding
current use Agricultural Cattle
Restrictions No Known Restriction(s)
School District S and S Cons ISD
Exclusions Mineral rights
Property Subtype Unimproved Land
Subdivision Name CRAFT
County Grayson
Property Type Land
HOA Type None
Special Notes Flood Plain Owner/ Agent Pipeline Survey Available Utility Easement
Status Active
Directions From North Heritage Parkway- FM 1417 take Hwy 56 West for 6.5 miles to Gibbons Rd. Turn right (North) onto Gibbons Rd and follow 1.8 miles to property. Property is on the left (South side). Gibbons
City Southmayd
Elementary School Name S And S
High School S And S
Elementary School S And S
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Lot Features Acreage Agricultural Many Trees
Fencing Barbed Wire Partial
Lot Size Over 100 Acres
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* Excluded Features
List By
Kimberly Hudgins

Listing Agent

Paragon, Realtors

Broker

Affordability Calculator

$32,441
Per Month
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Monthly Principal & Interest
$32,441
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
285710 Elementary School
5136174 Middle School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$5,200,000 Listed Price

Map


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TBD 195.55 Acres State Hwy 56, Southmayd, TX, 76268 is a Lots and Land for sale at $5,200,000 with a lot size of 195.55. TBD 195.55 Acres State Hwy 56 is a studio with 0.0 baths. The property's zip code is 76268 which is in Southmayd, TX