Extraordinary investment opportunity near Sherman's semi-conductor hub. 49 acres in booming Sherman, TX is the right place at the right time. Priced well below GCAD market appraised value. Located just southwest of Texas Instruments, West of Hwy 75 and East of Hwy 289, this is perfectly situated where it's all happening in Sherman. Mineral rights convey with acceptable offer. Incredible location within a few miles of the massive $30 billion Texas Instruments expansion, GlobiTech expansion, new Sherman High School and many new residential developments. Great location to buy and hold as investment. Enjoy recreationally for outdoor activities while your investment grows. Property includes home with 3 bedrooms, 2 bathrooms, oversized metal workshop with electricity and two ponds. 2-inch water line with service provided by Dorchester co-op. Located in Sherman ETJ. Ag exempt.
Lot: Agricultural, Pasture, Rolling/Hilly, Many Trees
Lot Size: 49.00 Acres
Utilities
Utilities Information:
Cooling: Central Air, Ceiling Fan(s), Electric
Other
Directions Information:
Directions: From Sherman take Hwy 75 South to Hwy 56 Exit. Head West on 56 to South on Hwy 1417. Turn right on OB Groner Rd, continue straight onto Bradley Rd then right on Old Dorchester Rd. Property will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,400,000
Tax Information:
Annual Amount: $212
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sherman, TX.
Last updated on: 11/21/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$212
$104,146
2020
$1,761
$90,667
2019
$1,647
$82,877
2018
$1,648
$75,767
2017
$1,417
$69,378
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,055
Per Month
Principal & Interest
$6,988
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,264
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Henry Sory Elementary School
120 Binkley Park Dr
Distance between this listing and this school4.84 miles
Public District Grades KG-5
4
/10
Howe Intermediate School
315 Roberts St
Distance between this listing and this school5.38 miles
Public District Grades 3-5
2
/10
Wakefield Elementary School
400 Sunset Blvd
Distance between this listing and this school5.40 miles
Public District Grades KG-5
Nearby Schools
7
/10
Howe Middle School
300 Beatrice St
Distance between this listing and this school5.35 miles
Public District Grades 6-8
4
/10
Piner Middle School
402 W Pecan St
Distance between this listing and this school5.87 miles
Public District Grades 6-8
5
/10
Gunter Middle School
410 Tiger Ln
Distance between this listing and this school8.44 miles
Public District Grades 5-8
Nearby Schools
7
/10
Howe High School
200 Ponderosa Rd
Distance between this listing and this school4.44 miles
Public District Grades 9-12
4
/10
Sherman High School
2201 E Lamar St
Distance between this listing and this school7.37 miles
Public District Grades 9-12
6
/10
Gunter High School
1102 N Preston Rd
Distance between this listing and this school8.46 miles
The neighbors living near this home have an average income of $75,929. Most Sherman, TX residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3356 Old Dorchester Rd
What is the listing price of this property?
The listing price of 3356 Old Dorchester Rd property is $1,400,000.
What type of property is this?
The property 3356 Old Dorchester Rd is land located in Sherman, Texas, 75092.
Is this property for sale now?
Active Listing: 3356 Old Dorchester Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $212 (source: MLS/based on county public records data).
How much acreage is this property?
The property 3356 Old Dorchester Rd is 49.00 acres.
Interested in 3356 Old Dorchester Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3356 Old Dorchester Rd in Sherman, TX and zip code 75092. This home, which was built in 1981, sits on a 49.00 acre lot. It has been listed on Rocket Homes since May 02, 2023 and is currently priced at $1,400,000.
The number of listings in Sherman, TX increased by 9.3% between September 2024 and October 2024. In October 2024 median list price was $309,900 and the average listing age was 90 days.
From Rocket Homes Real Estate and based on county public records data.