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About This Home
This 3-bedroom, 2-bathroom single family at 5005 Ob Groner Road in Sherman, TX is listed for $649,000 ($336 per sqft). Built in 2002, the home offers 1,929 sqft of living space on a 6.00 acres lot.
Seller is offering the property For SALE or LONG TERM LEASE Strategic 5.99 Acres Land with House, Residence or Investment , Luxury Equestrian Estate , No HOA , Sherman Tech Corridor Position yourself at the intersection of lifestyle, land, and long-term appreciation with this exceptional acreage in Sherman, Texas.
Strategically located near the Texas Instruments campus and the rapidly expanding North Texas tech and advanced manufacturing corridor. This horse property with no HOA offers a rare combination of immediate functionality and future upside. The land features an existing barn designed to accommodate up to five horses, along with a workshop, making
it ideal for equestrian use, private estate living, or a high-value land hold for future redevelopment (buyer to verify zoning and use). From an investor’s perspective, this property stands out due to its proximity to one of the largest economic growth initiatives in the region.
Major infrastructure investments, job creation, and corporate expansion continue to drive strong demand in Sherman, positioning this acreage as a compelling long-term land play in an area with limited supply and increasing institutional interest. Key Features & Value Drivers: No HOA – full freedom of use and customization Horse property wi
th barn (up to 5 horses) Workshop for equipment, hobbies, or business use Located near Texas Instruments & Sherman Tech Growth Corridor Strong future appreciation and redevelopment potential Ideal for investors, equestrian buyers, and luxury land seekers Rare opportunity for multi-use land in a high-growth market Whether you are a
high-net-worth buyer seeking a private equestrian estate, an investor securing land near major job growth, or a visionary buyer looking to blend rural luxury with strategic positioning, this property offers unmatched versatility and upside.
Key Features
- Built in 2002
- 6.00 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5005 Ob Groner Road
Sherman, TX 75092
None
Features & Amenities
Interior Features
Property Details
Parking
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 5005 Ob Groner Road is listed at $649,000 ($336/sqft). The estimated monthly payment is $2,812 based on 20% down at 6.5% interest.
Key features include: Built in 2002, 6.00 acre lot, Fireplace. Interior Features: Eat-in Kitchen, High Speed Internet Available, Open Floorplan.
This property is listed by PK Avala and can be reached at 9724846644 or pk.texasrealtor@gmail.com.








