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$1,986,500
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Property Description
Take a look at this exceptional 68.502 acre property located in Sherman, in the heart of rapidly growing Grayson County. Situated at 950 Old Ida Rd, this tract offers a rare opportunity to secure a sizable piece of land in one of North Texas's most active expansion corridors. With clean paved road frontage, level topography, a water line and electricity along the road, this property presents a low-friction investment ready for immediate or future use. The land is primarily open pasture, allowing for maximum flexibility whether your vision is residential development, long-term holding, or strategic positioning for future growth. The Sherman area is experiencing significant momentum as development continues to push north along the U.S. Highway 75 corridor. Recent large-scale industrial and semiconductor investments have reshaped the region's growth trajectory, increasing demand for well-located acreage. This property sits just 22 miles from Preston Harbor, the massive mixed-use development coming to Denison that is expected to bring thousands of residents, retail, and commercial activity to the region - further validating the long-term demand story for well-located Grayson County land. Tracts of this size, with accessibility and infrastructure, are becoming increasingly scarce. Whether you're a developer, investor, or land buyer looking to get ahead of the curve, this 68.502 acre property offers a strong combination of location, usability, and long-term upside. Located just 15 minutes from Sherman, TX and approximately 1 hour and 8 minutes from DFW.
Full Property Details
Full Property Details for 950 Old Ida Rd
General
- Price: $1,986,500
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21247682
- Updated: 5/26/2026
- Added to Site: 50 day(s) ago
Location
- County: Grayson
- Subdivision: NA
- Driving Directions: 950 Old Ida Rd, Sherman, TX, 75090
School Information
- Elem School District: Tom Bean ISD
- Midd School District: Tom Bean ISD
- High School District: Tom Bean ISD
- Elementary School: Tom Bean
- Middle School: Tom Bean
- High School: Tom Bean
Utilities
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 68.5
- Lot Size (Sq. Ft.): 2,983,860
- Lot Features: Acreage, Agricultural, Level
- Zoning: NA
- Fencing (Description): Barbed Wire
Disclosures and Reports
- Property ID: 126466
Listed by Arrowhead Land Company, Joseph Marzahl
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Schools
Schools serving 950 Old Ida Rd
School District:Tom Bean Independent School District
| Name | Grades | Distance |
|---|---|---|
Tom Bean Elementary School 105 Eubanks Street, Tom Bean, TX 75489 | PK-5 | 5.2 mi |
Tom Bean Middle School 289 Franklin Rd, Tom Bean, TX 75489 | 6-8 | 4.6 mi |
Tom Bean High School 7719 Texas 11, Tom Bean, TX 75489 | 9-12 | 4.7 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 950 Old Ida Rd
Date
Details
Price
Change
Source
5/26/2026
Price Reduced
$1,986,500
-17.14%
MLS
4/22/2026
Listed
$2,397,500
—
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 950 Old Ida Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$465
—
$198,554
10%
2023
$466
-62%
$180,504
-23%
2022
$1,238
100%
$235,315
-11%
2021
100%
$265,065
27%
2020
100%
$208,159
-3%
2015
-100%
$213,882
64%
2018
$2,497
9%
$130,447
10%
2017
$2,297
9%
$118,588
10%
2016
$2,104
9%
$107,807
10%
2015
$1,929
-29%
$98,006
-32%
2019
$2,700
78%
$143,492
51%
2013
$1,521
—
$94,858
22%
2013
$1,521
—
$78,047
—
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 950 Old Ida Rd
950 Old Ida Road, Sherman, TX 75090 (MLS# 21247682) is a Lots/Land property with a lot size of 68.5 acres. 950 Old Ida Road is currently listed for $1,986,500 and was received on April 22, 2026. Want to learn more about 950 Old Ida 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.

