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$225,000 Just Listed
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Property Description
Opportunity awaits on this 5.00-acre tract of vacant land in Sherman, TX, offering a unique combination of partially cleared areas and abundant mature trees. The property features a long, narrow layout with a more open area toward the front and back ends, and dense natural tree coverage extending across much of the tract, providing privacy, shade, and plenty of natural character. Surrounded by a mix of established homes, rural properties, and open agricultural land, this property offers a peaceful setting with the convenience of nearby development. The existing tree coverage creates a private backdrop while the cleared portions provide flexibility for a future homesite, improvements, or recreational use. Whether you're looking to build, create a private retreat, or acquire land as a long-term investment, this property offers plenty of possibilities in a growing North Texas market. Bring your vision and take advantage of the opportunity to own 5 acres with a combination of natural beauty and usable space. Sold AS-IS and priced accordingly. Buyer to verify all information, including utility availability, zoning, restrictions, access, and development requirements.
Full Property Details
Full Property Details for 16831 State Hwy 56
General
- Price: $225,000
- Taxes: $4,751
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21358928
- Updated: 8/13/2026
- Added to Site: 4 day(s) ago
Location
- County: Grayson
- Subdivision: G-0346
- Driving Directions: US-75 N, exit S Sam Rayburn Fwy, L onto TX-56 W
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
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Features: Many Trees
- Development Status: Streets Installed
Financial Considerations
- Tax Amount: $4,751
Disclosures and Reports
- Legal Description: G-0346 DEAVER W A A-G0346, ACRES 5.
- Property ID: 122879
Listed by White Line Realty LLC, Lucian Galloway
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Schools
Schools serving 16831 State Hwy 56
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 | 4.2 mi |
S And S Cons Middle School 462 South Main Street, Sadler, TX 76264 | 5-8 | 9.6 mi |
S And S Cons High School 404 South Main Street, Sadler, TX 76264 | 9-12 | 9.9 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 16831 State Hwy 56
Date
Details
Price
Change
Source
8/13/2026
Listed
$225,000
—
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 16831 State Hwy 56
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,972
-12%
$228,000
20%
2023
$4,500
46%
$190,000
-12%
2022
$3,077
—
$215,000
59%
2022
$3,077
1%
$135,000
8%
2021
$3,037
35%
$125,000
39%
2020
$2,249
25%
$90,000
38%
2018
$1,793
15%
$65,000
8%
2017
$1,559
-1%
$60,000
—
2016
$1,567
1%
$60,000
—
2015
$1,544
-33%
$60,000
-33%
2019
$2,310
53%
$90,000
50%
2014
$1,514
1%
$60,000
—
2013
$1,502
—
$60,000
—
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 16831 State Hwy 56
16831 State Highway 56, Southmayd, TX 75092 (MLS# 21358928) is a Lots/Land property with a lot size of 5 acres. 16831 State Highway 56 is currently listed for $225,000 and was received on August 13, 2026. Want to learn more about 16831 State Highway 56? Do you have questions about finding other Lots/Land real estate for sale in Southmayd? You can browse all Southmayd real estate or contact a Coldwell Banker agent to request more information.

