5005 Ob Groner Road
Sherman, TX, 75092
$
700,000
Bedrooms3
Baths2.0
Sq
1,929
Monthly Estimate*
$
4,310
for $700,000 with 3 bedrooms and 2 full baths. This 1,929 square foot home was built in 2002 on a lot size of 5.999.
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.
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Features
Interior
Interior Features
Eat-in Kitchen
High Speed Internet Available
Open Floorplan
Walk-In Closet(s)
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
3
Total Baths
2
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Exterior
Waterfront
0
Parking Features
Driveway
Garage
Garage Door Opener
Garage Single Door
RV Access/Parking
Lot Size
5 to < 10 Acres
Structural Style
Single Detached
Garage Y/N
1
Attached Garage Y/N
1
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General
Utilities
City Water
Co-op Electric
Septic
Possession
Closing/Funding
Appliances
Dishwasher
Disposal
Dryer
Electric Cooktop
Microwave
Number of Garage Spaces
2
School District
Sherman ISD
Pool Y/N
0
Year Built
2002
Levels
One
Property Subtype
Single Family Residence
Subdivision Name
None
Transaction Type
For Sale
County
Grayson
Property Type
Residential
HOA Type
None
Full Baths
2
Status
Active
Directions
From US 75 > W Heritage Pkwy > Turn Left to Ob Groner Road > 5005 Ob Groner Road
City
Sherman
Elementary School Name
Henry W Sory
High School
Sherman
Elementary School
Henry W Sory
Standard Status
Active
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* Excluded Features
List By
Beam Real Estate, Llc
Broker
Affordability Calculator
- Monthly Principal & Interest
- $4,310
- Monthly Property Taxes
- $1,153
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save
Nearby
Single family listings in Sherman, TX
Average List Price
$388,042
Percent of Sale Price
45%
About Sherman, TX
40,917
Population
14%
Since 2002
$
44,725
Median Income
34.63
Median Age
30%
Households with Children
Trends Information provided by ATTOM Data Solutions.
286495
Elementary School
3672418
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
1/26/2026
|
$700,000
|
|
Listed Price
|