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6488 Dripping Springs Rd, Sherman, TX, 75090

$4,450,000

150.66 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat, RV Access/Parking
Year Built1980
HeatingElectric
CoolingCentral Air, Electric
MLS #20315235
Lot Size150.66 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 6488 Dripping Springs Rd

Picturesque Ranch with rolling terrain and panoramic views of the countryside. Mature trees throughout the property. The hilltop has a large Barndominium with shop and storage for Toys and UTV ATV. Stocked lake and 3 ponds on the property. The frontage is pipe and cable fences, pipe corrals, equipment shed with enclosed storage on one end. Large covered porch and outdoor fire pit with seating. Deer and other wildlife are in the area. The property adjoins a larger ranch on three sides. Nice homes on acreages are in the area. Quiet location for weekends or a great place to live. The Barndo has three bedrooms, two and one half baths. Gourmet kitchen with large island. Appliances included. Multiple open living or dining areas with another living area on the second floor. Primary bedroom is downstairs. Most of the furnishings and fixtures are included with the sale. Move in ready! Cattle and equipment are available on private treaty. Call for appointment , don't miss this one.

Property Details

Property Features

Property Information:

  • Year Built: 1980

Listing Office:

  • Office Name: Butch Fife, REALTORS
  • Office Phone: (903) 891-3066
  • Listing Agent: BUTCH FIFE, Greg Fife

Exterior Features

Exterior Information:

  • Exterior: Fire Pit

Parking Information:

  • Parking: Boat, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 6488 Dripping Springs Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Agricultural, Pasture, Pond, Many Trees, Rolling/Hilly
  • Lot Size: 150.66 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Denison High School, Public District Grades 9-12
  • B Mcdaniel Middle School, Public District Grades 6-8
  • Lamar Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: use GPS, best route from Sherman take Hwy 82 east to Mayes Rd turn north then right on Dripping Springs go east to property on the south side of road entry gate has code

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,450,000

Tax Information:

  • Annual Amount: $4,263
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sherman, TX.

Med. List Price

$319.5K

Med. Price/SqFt

$173

Avg. Days On Market

73

# of Sold Homes

45

6488 Dripping Springs Rd vs Sherman

372 DAYS ON ROCKET

+299 Days

$4,450,000

+$4.1M More

KEY TAKEAWAY

This property is $4.1M more than the Median List Price in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20315235

Listing Office:

  • Office Name: Butch Fife, REALTORS
  • Office Phone: (903) 891-3066
  • Listing Agent: BUTCH FIFE, Greg Fife

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/9/2024, 2:15:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $167,367
2020$4,263$227,414
2019$4,396$226,514
2018$4,396$207,006
2017$4,444$207,006

History based on county public records data.

Payment Calculator

$22.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-9074696
5
/10
  • Lamar Elementary School

  • 1000 S 5th Ave

  • 4.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-9074697
6
/10
  • B Mcdaniel Middle School

  • 400 N Lillis Ln

  • 6.64 miles

  • Public District Grades 6-8

High School

school-card-donut-9074698
4
/10
  • Denison High School

  • 1901 S Mirick Ave

  • 4.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,372. The majority of Sherman, TX residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6488 Dripping Springs Rd

What is the listing price of this property?

The listing price of 6488 Dripping Springs Rd property is $4,450,000.

What type of property is this?

The property 6488 Dripping Springs Rd is land located in Sherman, Texas, 75090.

Is this property for sale now?

Accepting Backup Offers: 6488 Dripping Springs Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 6488 Dripping Springs Rd are:
Lamar Elementary School: GreatSchools Rating 5/10
B Mcdaniel Middle School: GreatSchools Rating 6/10
Denison High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,263 (source: MLS/based on county public records data).

How much acreage is this property?

The property 6488 Dripping Springs Rd is 150.66 acres.
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Rocket HomesTexasGrayson CountySherman750906488 Dripping Springs Rd

This home is located at 6488 Dripping Springs Rd in Sherman, TX and zip code 75090. This home, which was built in 1980, sits on a 150.66 acre lot. It has been listed on Rocket Homes since May 02, 2023 and is currently priced at $4,450,000.

The number of listings in Sherman, TX increased by 6.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $319,533, while the average time on the real estate market was 73 days.

From Rocket Homes Real Estate and based on county public records data.

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