$2,031,600

3356 Old Dorchester Road, Sherman, TX 75092

  • Property Icon Land
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Nestled in the heart of Sherman’s rapidly growing development corridor lies an exceptional 49-acre property, offering an unparalleled investment opportunity. Positioned near Sherman’s Semiconductor Hub and the expanding Texas Instruments campus, this land is at the center of a booming economic landscape, making it a prime asset for forward-thinking investors. Driving down Old Dorchester Road, the scenic beauty of the property unfolds—a vast, fenced pasture with scattered mature trees, two tranquil ponds reflecting the Texas sky, and an atmosphere of rural charm despite its proximity to significant commercial expansion. With approximately 2,990 feet of road frontage on two sides of Old Dorchester RD., and a bordering connection to the BNSF railway, accessibility and future growth potential are built into the land’s very foundation. A modest yet functional three-bedroom, two-bathroom home sits on the property, offering rental income potential for a buy-and-hold investor. Nearby, a large insulated metal shop stands ready for agricultural or commercial use, while working pens for cattle further enhance the land’s versatility. Agricultural exemption is already in place, providing additional financial advantages, and a reliable 2-inch water line serviced by Dorchester Co-Op ensures essential infrastructure is readily available. What sets this property apart is not just its breathtaking landscape, but its proximity to a future of unprecedented economic expansion. Within mere miles of Texas Instruments’ $30 million investment and surrounded by ongoing residential developments, this land offers immense value—whether for immediate development or long-term appreciation. BUYER TO VERIFY THE ACCURACY OF ALL INFORMATION, INCLUDING LOT SIZES, SCHOOLS, TAXES, AMENITIES, ROOM MEASUREMENTS, ETC. NEITHER SELLER NOR LISTING AGENT MAKES ANY WARRANTIES OR REPRESENTATIONS AS TO ACCURACY.

Listing Status:
Active
Listing Office:
DAVID NORMAN LAND COMPANY : 903-587-9898
Listing Agent:
DAVID NORMAN : 903-815-2872
MLS ID:
20952681
  • A/C: Central AirCeiling Fan(s)
  • Heating: Central

This listing courtesy of DAVID NORMAN, DAVID NORMAN LAND COMPANY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Summit Hill Elementary School

701 Summit Hill Pkwy, Howe, TX, 75459

Grades PK-2

4.32 miles away

H

Howe Middle School

300 Beatrice St, Howe, TX, 75459

Grades 6-8

5.31 miles away

H

Howe High School

200 Ponderosa Rd, Howe, TX, 75459

Grades 9-12

4.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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