Paragon Realtors Real Estate

Tbd State Highway 56Southmayd, TX 76268Price: $2,912,721

  • Price: $2,912,721
  • Est. Mortgage of $/month
  • 6 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,912,721List Price
  • 85.55Acreage

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Listed by Corey Baumann of Whitetail Properties Real Estate
Located just outside Whitesboro along Highway 56, this exceptional 85.55± acre tract offers a versatile combination of recreational, agricultural, and residential possibilities in the heart of rapidly growing Grayson County. With approximately 500 feet of highway frontage, the property provides excellent access and visibility. The land features a blend of open pasture and mature hardwoods across predominantly level terrain, creating an ideal setting for a custom home, hobby farm, livestock operation, or recreational retreat. Two ponds and two creeks provide water for livestock and wildlife while enhancing the property's natural beauty and recreational appeal. Wildlife enthusiasts will appreciate the habitat that supports whitetail deer and feral hogs, making this an excellent hunting property. The combination of timber, open pasture, and water sources creates a diverse landscape suited for year-round outdoor enjoyment. Utilities are available nearby, subject to buyer verification, offering added flexibility for future improvements. The property currently benefits from a tax exemption, providing potential savings for qualified buyers. Conveniently located near Whitesboro, Sherman, Denison, and Gunter, this property offers easy access to shopping, dining, employment centers, and the continued growth occurring throughout the Texoma region. Whether you're looking for a recreational getaway, grazing land, a future homesite, or a long-term land investment, this tract offers a variety of potential uses. A portion of the property is located within the FEMA 100-year floodplain. Buyers should independently verify floodplain boundaries, utility availability, zoning, tax exemptions, and any intended use of the property.

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Based on information submitted to North Texas Real Estate Information Services as of July 15, 2026 10:47 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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