0 Elliott RdSherman, TX 75092

For Sale
Call for price

44.65 Acres, S.H. 289 Proximity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 44.65-acre tract presents a unique investment opportunity near the intersection of State Highway 289 (Preston Road) and State Highway 56 in Southmayd, Texas, Grayson County, zip code 75092. The property boasts beautiful pastureland, enhanced by a tranquil pond and a seasonal creek, with a tree line running through its center. Importantly, this land is situated outside any designated flood plain. Offering over 1,200 feet of frontage on paved Elliott Road, access to Preston Road is swift and convenient. Currently zoned Single Family Residential - District 2 (SF-2) under Southmayd Zoning Ordinance No. 278, the property allows for residential development with a minimum building site of 7,200 square feet (provided an approved sewer system is in place). Development densities range from 4 to 6 units per gross acre. The property is served by S&S Consolidated I.S.D. An existing agricultural lease and agricultural tax exemption are currently in place, offering potential tax advantages. This expansive parcel presents significant potential for various development scenarios, capitalizing on its prime location and desirable features. The coordinates are 33.6275477 latitude and -96.6858792 longitude.

Highlights

  • 44.65-acre tract near the intersection of SH 289 (Preston Rd) and SH 56 in Southmayd, TX.
  • Pastureland with pond, seasonal creek, and tree line; outside flood plain.
  • Over 1,200 ft of paved Elliott Rd frontage, providing quick access to Preston Rd.
  • SF-2 zoning; allows residential development (min. 7,200 sq ft lot, approved sewer system required); 4-6 units per acre density.
  • S&S Consolidated I.S.D.
  • Existing agricultural lease and tax exemption.

Property Details for 0 Elliott Rd

Property type
Other land, Land
Lot Size (sq. ft)
1,944,954 SF

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6275477
Longitude
-96.6858792
Elliott Rd, Sherman, Texas

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0 Elliott Rd
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