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$939,999
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Property Description
Rare opportunity to own 23 pristine acres in the rapidly expanding Sherman area. This expansive tract is currently Ag-exempt and being farmed for winter wheat, offering immediate tax benefits and exceptional investment potential. Ideal for a residential development or a private luxury estate, the property features a clean topography with the distinct advantage of having zero acreage located in a flood zone. A charming small creek meanders along the tree line, providing a scenic natural border while remaining easily crossable by vehicle for full property access. Included on the site is a functional 1,216 sqft single-wide mobile home featuring 3 bedrooms and 2 bathrooms, which is perfect for rental income, a foreman's quarters, or a temporary residence while you build. Whether you are looking to develop immediately or hold for future appreciation in a high-growth corridor, this versatile property offers the space and utility to realize your vision.
Full Property Details
Full Property Details for 225 Caleb Rd
General
- Price: $939,999
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21159925
- Updated: 1/21/2026
- Added to Site: 43 day(s) ago
Location
- County: Grayson
- Subdivision: Grayson Co Unplatted
- Driving Directions: See GPS.
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Jefferson
- Middle School: Sherman
- High School: Sherman
Utilities
- Sewer: Aerobic Septic
- Utility Description: Septic Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
- Year Built: 2019
Lot Features
- Lot Size (Acres): 23.06
- Lot Size (Sq. Ft.): 1,004,493.6
- Lot Features: Acreage, Agricultural, Subdivided
- Development Status: Other
- Zoning: Agriculture/Development
Financial Considerations
- Terms: Cash, Conventional, Contract, 1031 Exchange, Federal Land Bank
Disclosures and Reports
- Property ID: 122301
Listed by Texas Life Real Estate, Zac Hamilton
Get Pre-Approved Today
Schools
Schools serving 225 Caleb Rd
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Dillingham Elementary School 1701 Gallagher Drive, Sherman, TX 75090 | K-5 | 4.3 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 2.7 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 225 Caleb Rd
Date
Details
Price
Change
Source
1/21/2026
Listed
$939,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 225 Caleb Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$596
40%
$753,797
7%
2023
$427
-62%
$705,204
338%
2022
$1,115
100%
$160,987
-1%
2021
100%
$162,286
26%
2020
100%
$128,753
61%
2015
-100%
$79,775
1765%
2019
$92
-6%
$4,277
-1%
2018
$98
8%
$4,310
-1%
2017
$91
—
$4,343
1%
2016
$91
1%
$4,310
1%
2015
$90
2%
$4,264
3%
2014
$88
—
$4,150
—
2013
$88
—
$4,141
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 225 Caleb Rd
225 Caleb Road, Sherman, TX 75090 (MLS# 21159925) is a Lots/Land property with a lot size of 23.06 acres. 225 Caleb Road is currently listed for $939,999 and was received on January 21, 2026. Want to learn more about 225 Caleb Road? Do you have questions about finding other Lots/Land real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

