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$14,995,000

Beds
8
Baths
8.0
sq ft
5,646

182 Hightower Rd, Sherman, TX 75092

182 Hightower Rd

Sherman, TX 75092

  • 3 days on market
PREPARE TO BE AMAZED BY THIS RANCH PROPERTY! Spanning 271 acres, this extraordinary estate boasts four year-round stocked ponds. This property is prime for development with extensive frontage on both Hightower and Gage Roads. Nestled beyond the Sherman city limits, this property offers access to rural co-op water service at the street, while a private water well currently serves the improvements. The main residence and guest cottage command stunning views of a 3 acre lake brimming with trophy bass. The main home is a testament to exceptional design, utilizing premier materials and unmatched craftsmanship. The gently rolling landscape is a harmonious blend of lush pasture land and captivating wooded wildlife habitats. To top it all off, approximately 3,845 feet of the property adjoins the Hagerman National Wildlife Refuge, ensuring seclusion and environmental conservation. This is an unparalleled opportunity to acquire superlative real estate in a rapidly expanding area. AG exempt!

Details

Property type

Single Family Residence

Est. home value

$4,445,059

Lot size

271.0 acres

Price per sq ft

$2,656

Year built

2005

Annual property taxes

$12,451

Price History

01/01/2025
NTREIS

NTREIS #20805638

Listed
$14,995,000
08/19/2024
NTREIS

NTREIS #20503656

Removed
01/03/2024
NTREIS

NTREIS #20503656

Listed
$4,750,000

Schools & Community

Elementary school: 

S And S

Middle school: 

S And S

High school: 

S And S

School district: 

S and S Cons ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American Bank Of Texas

Loan start date

May 2005

Original loan amount

$646,200

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Stand Alone Refi (Refinance of Original Loan), 1 year

Seller

Steven L Morgan and Dotty L Morgan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/04/2025 at 8:40 PM

Listing updated: 01/02/2025 at 2:13 AM

Listed by: Victoria Woodard, Homes By Lainie Real Estate Group Phone #: (903) 786-6063

MLS: NTREIS #20805638

NTREIS logo

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