TBD 195.55 Acres State Hwy 56, Southmayd, Texas

$5,200,000
Active
TBD 195.55 Acres State Hwy 56, Southmayd, Texas
TBD 195.55 Acres State Hwy 56, Southmayd, Texas
TBD 195.55 Acres State Hwy 56, Southmayd, Texas
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Property Details

MLS ID: 21112124
Status: Active
Price: $5,200,000
Acres: 195.55±
Type: Unimproved, Land
Address: TBD 195.55 Acres State Hwy 56
City, State: Southmayd, TX
County: Grayson County
ZIP Code: 76268
Lat/Long: 33.62662, -96.74013
Parcel Number: 123529

Description

Outstanding 195.55-acre property offers a rare opportunity to own a large, prime tract of land with substantial potential upside. With frontage on both Highway 56 and Deaver Road, the property is perfectly positioned to take advantage of the area’s growth. The future tollway path nearby will only add to the land’s value, making it a prime opportunity to hold for long-term appreciation. The varied terrain with a mix of trees and open pasture includes two ponds and provides a unique landscape with endless possibilities. Agricultural exemption in place. This property is extremely well positioned to benefit from the present and future growth of north Texas and the Sherman area. Survey in additional documents on MLS.

Directions: From North Heritage Parkway- FM 1417 take Hwy 56 West for 6.5 miles to Gibbons Rd. Turn right (North) onto Gibbons Rd and follow 1.8 miles to property. Property is on the left (South side). Gibbons road turns into Deaver Rd as it curves West.

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Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: January 8, 2026 at 12:00:00 AM UTC

Listed By: Kimberly Hudgins of Paragon, Realtors