new - 4 days on rocket

502 Smith Oak Rd, Sherman, TX, 75090

$885,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,304 SqFt
$384/SqFt
House

Location

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502 Smith Oak Rd, Sherman$885,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, Garage Faces Front, Garage, Garage Door Opener, Open, Parking Pad, Garage Faces Side
Garage3 spaces
Year Built2012
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
FireplaceElectric
MLS #20767672
Lot Size22.02 Acres
StatusActive

About 502 Smith Oak Rd

Discover a rare opportunity to own this beautiful, custom-built home nestled on 22 breathtaking acres, now on the market for the first time from its original owners. Set amid rolling hills and mature trees, this property offers an exceptional blend of natural beauty, privacy, and versatile space. Designed with both comfort and functionality in mind, the home boasts a well-thought-out floor plan featuring 3 bedrooms, 2 bathrooms, and an office that could easily serve as a 4th bedroom. The primary suite is strategically separated from the secondary bedrooms, creating a private retreat within the home. The open and inviting layout is enhanced by expansive windows that frame stunning views of the surrounding landscape. Outdoors, enjoy beautifully landscaped grounds and a range of amenities that make this property a dream for outdoor enthusiasts and those looking for a peaceful, rural lifestyle. A 30X45 barn with two stalls, a corral, and a head chute provides endless possibilities for livestock use, while two detached garages offer ample storage for vehicles, equipment, and hobbies. One of the detached garages has a setup for a chicken coop inside! With plenty of room to roam, this property is ideal for anyone looking to embrace country living while still having access to modern comforts. Whether you’re looking to relax under the canopy of mature trees, work on personal projects in the spacious garages, or pursue agricultural interests, this unique property offers it all. Home offers easy access to Hwy 56 and HWY 82. Make this extraordinary home and acreage your personal retreat, where every sunset over the rolling hills and every quiet morning surrounded by nature will remind you of the true beauty of this special place. Property is currently AG EXEMPT & OUTSIDE CITY LIMITS...NO CITY TAXES! Home also has solar panels! Don’t miss your chance to own a piece of paradise with endless potential!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 2012
  • Living Area: 2,304 SqFt

Listing Office:

  • Office Name: Real
  • Office Phone: (646) 859-2368
  • Listing Agent: Evan Martin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Chandelier, Decorative/Designer Lighting Fixtures, Kitchen Island, Walk-In Closet(s)
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters, Storage

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Covered, Driveway, Garage Faces Front, Garage, Garage Door Opener, Open, Parking Pad, Garage Faces Side

Virtual/3D Tour

  • Virtual Tour: 502 Smith Oak Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Agricultural, Back Yard, Interior Lot, Lawn, Landscaped, Pasture, Many Trees
  • Lot Size: 22.02 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Sherman High School, Public District Grades 9-12
  • Piner Middle School, Public District Grades 7-8

Other

Directions Information:

  • Directions: From Sherman, head East on Hwy 56 to Smith Oak. Left on Smith Oak to subject on the right. Sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $885,000
  • Price Per SqFt: $384/SqFt

Tax Information:

  • Annual Amount: $7,185
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Sherman, TX.

Med. List Price

$309.9K

Med. Price/SqFt

$174

Avg. Days On Market

90

# of Sold Homes

48

502 Smith Oak Rd vs Sherman

4 DAYS ON ROCKET

-86 Days

$885,000

+$575.1K More

$384/SqFt

+$210 More

KEY TAKEAWAY

This property is $575.1K more than the Median List Price and $210/SqFt more than other homes in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20767672

Listing Office:

  • Office Name: Real
  • Office Phone: (646) 859-2368
  • Listing Agent: Evan Martin

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,185$411,172
2020$7,726$382,087
2019$7,297$330,159
2018$7,297$320,966
2017$5,989$286,909

History based on county public records data.

Payment Calculator

$4,484

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,720

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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.

Middle School

school-card-donut-1856524
4
/10
  • Piner Middle School

  • 402 W Pecan St

  • 6.73 miles

  • Public District Grades 7-8

High School

school-card-donut-1856525
3
/10
  • Sherman High School

  • 2201 E Lamar St

  • 4.86 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,372. Typical income of Sherman, TX residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Smith Oak Rd

What is the listing price of this property?

The listing price of 502 Smith Oak Rd property is $885,000.

What type of property is this?

The property 502 Smith Oak Rd is a house located in Sherman, Texas, 75090.

Is this property for sale now?

Active Listing: 502 Smith Oak Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 502 Smith Oak Rd are:
Piner Middle School: GreatSchools Rating 4/10
Sherman High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,185 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 502 Smith Oak Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Smith Oak Rd is 2,304 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Smith Oak Rd is 2012.

Rocket HomesTexasGrayson CountySherman75090502 Smith Oak Rd

This home is located at 502 Smith Oak Rd in Sherman, TX and zip code 75090. This 2,304 square foot home, which was built in 2012, sits on a 22.02 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $885,000.

The inventory of homes for sale in Sherman, TX between September 2024 and October 2024 increased by 9.3%. While the average time on the market in October 2024 was 90 days, the median list price was $309,900.

From Rocket Homes Real Estate and based on county public records data.

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