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Property Description
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. Opportunities like this-no HOA, equestrian-ready, and located in a major growth corridor-are becoming increasingly scarce. Secure your position today.
Full Property Details
Full Property Details for 5005 OB Groner Rd
General
- Price: $700,000
- Taxes: $13,838
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21163215
- Updated: 1/25/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Open Floorplan, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Single, Driveway, Garage, Garage Door Opener, RV Access/Parking
Location
- County: Grayson
- Subdivision: None
- Driving Directions: From US 75 > W Heritage Pkwy > Turn Left to Ob Groner Road > 5005 Ob Groner Road
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Henry W Sory
- Middle School: Piner
- High School: Sherman
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 1,929 Sq. Ft.
- Year Built: 2002
Lot Features
- Lot Size (Acres): 5.999
- Lot Size (Sq. Ft.): 261,316.44
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $13,838
Disclosures and Reports
- Legal Description: G-1115 STAMPS JASON A-G1115, ACRES 5.999
- Property ID: 215131
Listed by Beam Real Estate, LLC, PK Avala
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Schools
Schools serving 5005 OB Groner Rd
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Henry W Sory Elementary School 120 Binkley Park Drive, Sherman, TX 75092 | K-5 | 2.7 mi |
Piner Middle School 402 West Pecan Street, Sherman, TX 75090 | 6-8 | 3.8 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 1.2 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 5005 OB Groner Rd
Date
Details
Price
Change
Source
1/25/2026
Listed
$700,000
—
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 5005 OB Groner Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,863
150%
$630,925
-7%
2023
$5,935
-8%
$677,668
37%
2022
$6,424
—
$496,220
17%
2022
$6,424
3%
$425,710
19%
2021
$6,250
8%
$356,532
7%
2020
$5,792
-5%
$332,647
43%
2019
$6,102
7%
$232,502
10%
2018
$5,697
15%
$211,365
7%
2017
$4,941
1%
$196,950
—
2016
$4,895
-20%
$196,639
-20%
2015
$6,101
42%
$245,580
55%
2013
$4,283
—
$158,763
-9%
2013
$4,283
—
$174,081
—
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 5005 OB Groner Rd
5005 Ob Groner Road, Sherman, TX 75092 (MLS# 21163215) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5005 Ob Groner Road is currently listed for $700,000 and was received on January 25, 2026. Want to learn more about 5005 Ob Groner Road? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

