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$140,000 Just Listed
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Property Description
Build your future on this spacious 0.712-acre corner lot at 505 Aaron Ln. in Southmayd, TX! Offering the perfect blend of country charm and everyday convenience, this residential property is an outstanding opportunity for those looking to build a custom home or invest in one of Grayson County's growing communities. With city water and septic already installed, much of the groundwork is in place, making it easier to bring your dream home to life. Situated on a desirable corner lot with a few mature trees, this property provides ample space for your ideal home, shop, outdoor living area, and more. Enjoy the flexibility and curb appeal that come with a larger homesite while still being conveniently located near Sherman, Denison, and Lake Texoma. Located within the S&S CISD, this property offers the peaceful lifestyle of small-town living with quick access to shopping, dining, recreation, and major highways. The existing mobile home on the property is considered to have no contributory value and will need to be removed, allowing you a fresh start to create the property you've always envisioned. Whether you're ready to build now or purchase for future investment, this lot offers endless possibilities and exceptional potential. Don't miss this opportunity to own a generously sized homesite with utilities in place and all the advantages of country living in beautiful Southmayd, Texas!
Full Property Details
Full Property Details for 505 Aaron Ln
General
- Price: $140,000
- Taxes: $1,979
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21330744
- Updated: Today (7/14/2026)
- Added to Site: Today
Location
- County: Grayson
- Subdivision: Westridge Add
- Driving Directions: From Hwy 289, Turn West onto Elliott Rd. Property is at the corner of Aaron Ln. and Elliott Rd.
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
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.712
- Lot Size (Sq. Ft.): 31,014.72
- Lot Features: Corner Lot, Few Trees
- Zoning: Residential
Financial Considerations
- Tax Amount: $1,979
- Terms: Cash
Disclosures and Reports
- Legal Description: WESTRIDGE ADDN, BLOCK 1, LOT 8, 1970 14X70 MO
- Property ID: 123230
- Block: 1
- Lot Number: 8
Listed by eXp Realty LLC, Taylor Vannoy
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Schools
Schools serving 505 Aaron Ln
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 | 3.7 mi |
S And S Cons Middle School 462 South Main Street, Sadler, TX 76264 | 5-8 | 9 mi |
S And S Cons High School 404 South Main Street, Sadler, TX 76264 | 9-12 | 9.3 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 505 Aaron Ln
Date
Details
Price
Change
Source
7/14/2026
Listed
$140,000
—
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 505 Aaron Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,986
-1%
$95,000
—
2023
$2,001
1862%
$95,000
-1%
2022
$102
—
$95,584
14%
2022
$102
-1%
$84,011
46%
2021
$103
-23%
$57,521
10%
2020
$133
-83%
$52,263
83%
2018
$787
16%
$28,522
9%
2017
$679
8%
$26,111
8%
2016
$631
2%
$24,158
1%
2015
$618
-26%
$24,029
-26%
2019
$837
41%
$32,625
39%
2013
$592
—
$23,518
-1%
2013
$592
—
$23,643
—
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 505 Aaron Ln
505 Aaron Lane, Southmayd, TX 75092 (MLS# 21330744) is a Lots/Land property with a lot size of 0.712 acres. 505 Aaron Lane is currently listed for $140,000 and was received on July 14, 2026. Want to learn more about 505 Aaron Lane? 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.

