




$67,000
511 Beavers Drive, Southmayd, TX, 75092
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About this property
Corner Lot with Utilities Installed Near Sherman and Hwy 289. Build your next home on this corner lot in the Westview Addition of Southmayd. Located within minutes of Downtown Sherman, this property offers convenient access to Hwy 289, Hwy 56, and Hwy 82, making travel to Prosper, Sherman, and Lake Texoma simple and accessible. Situated on approximately .24 acres, the lot features some mature trees, culverts already installed, and utilities in place, including water, electricity, and an existing septic system from a previous residence. Located within city limits with streets and utilities installed, this property is ready for future residential development. No HOA. Mobile homes are not permitted.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Southmayd
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