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16831 State Highway 56
Southmayd, Texas 75092-7939

County: Grayson G-0346

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.

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Essential Information

  • Price$154,000
  • Reduced By$71,000
  • Cumulative Days on MarketUnlock
  • MLS® #21358928
  • Acres5.00
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 3 Active Listings

Pricing Trends from 3 Active Listings in G-

This Home's Price $154,000 This Home's Price Per SqFt $
Average Price $2,225,149 Average Price Per SqFt $
Highest Price $3,900,000 Highest Price Per SqFt $
Lowest Price $154,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address16831 State Highway 56
  • SubdivisionG-0346
  • CitySouthmayd
  • CountyGrayson
  • StateTexas
  • Zip Code75092-7939
  • HOANone
  • UtilitiesNone
  • Taxes4751

Exterior

  • Lot DescriptionMany Trees

Additional Information

  • ZoningUnknown

Private Listing Information (Registration Required)

Listing Details

  • AgentLucian Galloway
  • OfficeWhite Line Realty Llc

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Listing information last updated on October 21st, 2026 at 5:00am CDT.