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$189,000

NAL Estimated Property Value

584 Independence Spring Road, Sherman, TX, 75090

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Looking for land to put up a Barn, mobile home, manufactured home or build a custom House or anything else you can dream of on a quite, green land away from the city but quick and easy access to city? This is your opportunity to make your dreams come true w this land less than 15 minutes to Sherman. No building restrictions. This listing is for the individual lot but the lot next to it is also available. Seller has already paid for a WATER METER for each lot through Pink Hill. Lot has 30 feet wide access from Independence Springs Road. Please call agent before visiting the property. Buyer or Buyers agent to do their own due diligence. Refer to Survey for boundaries and exact acreage. Documents attached.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /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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584 Independence Spring Road | Property Details | No Agent List