2 months on rocket

196 Hightower Rd, Sherman, TX, 75092

$14,995,000

271.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingBoat, RV Access/Parking
HeatingActive Solar, Central, Electric, Fireplace(s), Propane, Solar, Zoned
CoolingCentral Air, Ceiling Fan(s), Electric, Multi Unit(s), Zoned
WaterfrontDock, Boat Slip, Lake Front, Waterfront
FireplaceInsert
MLS #20707955
Lot Size271.00 Acres
StatusActive

About 196 Hightower Rd

PREPARE TO BE AMAZED BY THIS RANCH PROPERTY! Spanning 271 acres, this extraordinary estate boasts four year round stocked ponds. This property is prime for development with 4800 FT of frontage on Spaulding Hightower Road and 2500 FT on Gage Road. The property is well suited for a residential single-family development with picturesque greenspace. Nestled beyond the Sherman city limits, this property offers access to rural co-op water service at the street, while a private water well currently serves the improvements. The main residence and guest cottage command stunning views of a 3 acre lake brimming with trophy bass. The gently rolling landscape is a harmonious blend of lush pasture land and captivating wooded wildlife habitats. Approximately 3,845 feet of the property adjoins the Hagerman National Wildlife Refuge, ensuring seclusion and environmental conservation. This is an unparalleled opportunity to acquire superlative real estate in a rapidly expanding area. AG exempt!

Property Details

Property Features

Listing Office:

  • Office Name: Homes By Lainie Real Estate Group
  • Office Phone: (903) 786-6063
  • Listing Agent: Victoria Woodard

Interior Features

Interior Information:

  • Fireplace: Insert

Exterior Features

Exterior Information:

  • Waterfront: Dock, Boat Slip, Lake Front, Waterfront
  • Exterior: Built-in Barbecue, Barbecue, Boat Slip, Deck, Dock, Dog Run, Garden, Gas Grill, Kennel, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Playground, Private Entrance, Private Yard, Rain Gutters, Storage

Parking Information:

  • Parking: Boat, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 196 Hightower Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Agricultural, Cleared, Irregular Lot, Landscaped, Level, Pasture, Rolling/Hilly, Many Trees, Sprinklers, Waterfront
  • Lot Size: 271.00 Acres

Utilities

Utilities Information:

  • Heating: Active Solar, Central, Electric, Fireplace(s), Propane, Solar, Zoned
  • Cooling: Central Air, Ceiling Fan(s), Electric, Multi Unit(s), Zoned

School Info

Assigned Schools Information:

  • S and S Consolidated High School, Public District Grades 9-12
  • S and S Consolidated Middle School, Public District Grades 6-8
  • S and S Consolidated Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Hwy 82, Exit at Spalding Road. Travel north on Spalding Rd to a fork in the road. Spalding Rd curves west, and Hightower Rd continues north. The property is located on the east side of Hightower Rd, just 2 miles from the proposed DNT extension, providing easy access to the DFW Metroplex.

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,995,000

Tax Information:

  • Annual Amount: $3,351
  • Tax Year: 2021
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Housing Market Comparison

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

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Sherman, TX

City

Med. List Price

$309.9K

Med. Price/SqFt

$174

Avg. Days On Market

90

# of Sold Homes

48

196 Hightower Rd vs Sherman

77 DAYS ON ROCKET

-13 Days

$14,995,000

+$14.6M More

KEY TAKEAWAY

This property is $14.6M more than the Median List Price in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20707955

Listing Office:

  • Office Name: Homes By Lainie Real Estate Group
  • Office Phone: (903) 786-6063
  • Listing Agent: Victoria Woodard

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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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/5/2024, 6:21:08 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

YEARPROP. TAXASSESSMENT
2021$3,351$174,542
2020$3,351$176,658
2019$3,117$154,493
2018$3,117$146,955
2017$2,839$146,201

History based on county public records data.

Payment Calculator

$74.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$45K

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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.

Elementary School

school-card-donut-74118
3
/10

  • S and S Consolidated Elementary School

  • 4217 Elementary Dr

  • 4.19 miles

  • Public District Grades PK-5

Middle School

school-card-donut-74119
5
/10

  • S and S Consolidated Middle School

  • 200 Ram Ave

  • 2.44 miles

  • Public District Grades 6-8

High School

school-card-donut-74120
4
/10

  • S and S Consolidated High School

  • 404 S Main St

  • 2.52 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,220. The most common annual income of people living in Sherman, TX is between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 196 Hightower Rd

What is the listing price of this property?

The listing price of 196 Hightower Rd property is $14,995,000.

What type of property is this?

The property 196 Hightower Rd is land located in Sherman, Texas, 75092.

Is this property for sale now?

Active Listing: 196 Hightower 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 196 Hightower Rd are:
S and S Consolidated Elementary School: GreatSchools Rating 3/10
S and S Consolidated Middle School: GreatSchools Rating 5/10
S and S Consolidated High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,351 (source: MLS/based on county public records data).

How much acreage is this property?

The property 196 Hightower Rd is 271.00 acres.
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Rocket Homes›Texas›Grayson County›Sherman›75092›196 Hightower Rd

This home is located at 196 Hightower Rd in Sherman, TX and zip code 75092. This home sits on a 271.00 acre lot. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $14,995,000.

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

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

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