Southmayd, TX 76268 TBD 195.55 Acres State Hwy 56
$5,200,000
35 more
- MLS# 21112124
- 11/14/2025
Presented By: Kimberly Hudgins with PARAGON, REALTORS; 903-893-8174
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Outstanding 195.55-acre property offers a rare opportunity to own a large, prime tract of land with substantial potential upside. With frontage on both Highway 56 and Deaver Road, the property is perfectly positioned to take advantage of the area’s growth. The future tollway path nearby will only add to the land’s value, making it a prime opportunity to hold for long-term appreciation. The varied terrain with a mix of trees and open pasture includes two ponds and provides a unique landscape with endless possibilities. Agricultural exemption in place. This property is extremely well positioned to benefit from the present and future growth of north Texas and the Sherman area. Survey in additional documents on MLS.
Presented By: Kimberly Hudgins with PARAGON, REALTORS; 903-893-8174
Interior Features for TBD 195.55 Acres State Hwy 56
Other Interior Features
Lock Box TypeNone
General for TBD 195.55 Acres State Hwy 56
CitySouthmayd
CountyGrayson
Development StatusUnzoned
DirectionsFrom North Heritage Parkway- FM 1417 take Hwy 56 West for 6.5 miles to Gibbons Rd. Turn right (North) onto Gibbons Rd and follow 1.8 miles to property. Property is on the left (South side). Gibbons
Documents AvailableSurvey
EasementsElectric, Pipeline
Elementary SchoolS And S
Elementary School NameS And S
ExclusionsMineral rights
HOA TypeNone
High SchoolS And S
Land Lease YNYes
Listing Terms1031 Exchange, Cash, Conventional
PossessionClosing/Funding
Property SubtypeUnimproved Land
Property TypeLand
RestrictionsNo Known Restriction(s)
School DistrictS and S Cons ISD
Special NotesFlood Plain, Owner/ Agent, Pipeline, Survey Available, Utility Easement
Standard StatusActive
StatusActive
Subdivision NameCRAFT
UtilitiesAll Weather Road
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Zoning DescriptionUnzoned
current useAgricultural, Cattle
Exterior for TBD 195.55 Acres State Hwy 56
FencingBarbed Wire, Partial
Lot FeaturesAcreage, Agricultural, Many Trees
Lot SizeOver 100 Acres
Lot Size Acres195.5500
Lot Size Area195.5500
Lot Size Square Feet8518158.0000
Lot Size UnitsAcres
Road Frontage TypeHighway
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
S And S Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner