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$275,000
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Property Description
This 4 acre improved lot is located at the corner of W Washington Street and Gibbons Road (asphalt pavement). The property includes a large pond with dock and a 40x60x16 metal warehouse shop with concrete floor and a 400 sq ft insulated and air conditioned office. At present, there is no water supply or septic system on the property. However, the building is plumbed and wired for restroom, sinks, shower, and washing machine dryer. A hot water heater and water pressure tank have been installed. A 200 Amp 40 circuit electrical panel serves 115-230 volt power throughout the building up to and including 50 Amp outlets. Warehouse lighting is provided by high intensity LED ceiling fixtures. 14 foot remote controlled powered overhead doors are installed on each end of the building which allows drive through of large RV trailers, boats and motor homes. Entry and exit to and from the building are from either W Washington Street or Gibbons Road.
Full Property Details
Full Property Details for 7431 W Washington St
General
- Price: $275,000
- Taxes: $3,925
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21023563
- Updated: 1/7/2026
- Added to Site: 225 day(s) ago
Location
- County: Grayson
- Subdivision: Harry L Douglas Surv Abs #368
- Driving Directions: From HWY 82 exit Gibbons Road South. Go South on Gibbons Road to W Washington intersection. Property on North East Corner.
School Information
- Elem School District: S and S Cons ISD
- Midd School District: S and S Cons ISD
- High School District: S and S Cons ISD
- Elementary School: S And S
- Middle School: S And S
- High School: S And S
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Detached/Attached: Detached
- Year Built: 2009
Additional Structures
- Other Structures: RV/Boat Storage, Storage
Lot Features
- Lot Size (Acres): 4
- Lot Size (Sq. Ft.): 174,240
- Lot Features: Acreage, Cleared, Corner Lot, Irregular Lot, Pond on Lot, Few Trees
- Development Status: Other
- Zoning: RESIDENTIAL
- Fencing (Description): Barbed Wire, Partial
Financial Considerations
- Tax Amount: $3,925
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: G-0368 DOUGLAS HENRY & HRS A-G0368, ACRES 4.0
- Property ID: 120715
Listed by Listing Results, LLC, Jack Mclemore
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Schools
Schools serving 7431 W Washington St
School District:S and S Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
S And S Cons Elementary School 4217 Elementary Dr, Southmayd, TX 76268 | PK-4 | 2.5 mi |
S And S Cons Middle School 462 South Main Street, Sadler, TX 76264 | 5-8 | 7.5 mi |
S And S Cons High School 404 South Main Street, Sadler, TX 76264 | 9-12 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7431 W Washington St
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$275,000
-1.43%
MLS
9/30/2025
Price Reduced
$279,000
-3.46%
MLS
9/09/2025
Price Reduced
$289,000
-3.02%
MLS
8/05/2025
Listed
$298,000
—
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 7431 W Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,925
-4%
$257,497
-2%
2023
$4,090
123%
$263,563
-4%
2022
$1,834
—
$274,175
44%
2022
$1,834
-7%
$190,590
3%
2021
$1,962
7%
$185,025
23%
2020
$1,831
-14%
$149,875
37%
2019
$2,138
1%
$109,296
10%
2018
$2,108
20%
$99,360
10%
2017
$1,754
6%
$90,327
6%
2016
$1,661
5%
$84,984
5%
2015
$1,589
-3%
$80,580
10%
2013
$1,641
—
$73,337
-12%
2013
$1,641
—
$83,205
—
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 7431 W Washington St
7431 W Washington Street, Sherman, TX 75092 (MLS# 21023563) is a Lots/Land property with a lot size of 4 acres. 7431 W Washington Street is currently listed for $275,000 and was received on August 05, 2025. Want to learn more about 7431 W Washington Street? 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.

