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$1,995,000

NAL Estimated Property Value

0 State Hwy 56, Sherman, TX, 75414

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

ONE-OF-A-KIND PROPERTY ON CHOCTAW CREEK, TWO LAKES, SHOOTING RANGE, HWY 56 FRONTAGE! This property has it all, gorgeous trees, water views, recreational hunting, so many possibilities. 6000 ft creek frontage, 2 lakes approx 15.5 ac, 1600 yard shooting range, designed and built to NRA standards, 3800 ft of frontage on State Hwy 56. Miles of ATV trails and paths, large Oaks and Pecans. Abundance of wildlife, deer, hogs, ducks. Build your dream home, luxury estate or personal lodge on hilltop 50 ft above lakes. Great opportunity for a mini TX Broken Bow-type property, commercial site w frontage, or corporate retreat. 6ft water line on-site, active water and electric meters at metal barn.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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0 State Hwy 56 | Property Details | No Agent List