5005 Ob Groner Road
Sherman, TX 75092
Listing courtesy of PK Avala, Beam Real Estate, LLC
About this home
Seller is offering the property For SALE or LONG TERM LEASE 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.
Schools
- Elementary
- Henry W Sory
- Middle
- Piner
- High
- Sherman
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21163215
- Property Type
- Residential
- Status
- Active
- County
- Grayson
- Subdivision
- None
- Lot Size
- 6.00 acres
- Garage
- 2-car
- HOA Dues
- None
- Annual Taxes
- $13,838
- Days on Market
- 60 days
- Listed
- Jan 25, 2026
- Price per Sqft
- $336
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $3,454
- Property taxes
- $1,153
- Homeowner's insurance (est.)
- $189
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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