Discover the potential in this one acre property located in the highly desirable Luella community, just outside Sherman city limits. This home is a true blank canvas, ready for a complete remodel and ideal for investors or buyers seeking a rewarding flip project. With water and electricity available, the groundwork is already in place to transform this property into something exceptional. House is sold as is, this is a rare chance to create significant value in beautiful and growing area.
18.06 acres near new development in Sherman Texas and is just minutes from highway 75! Beautiful family ranch with rolling hills that lead to many trees towards the back of the property. This property has utilities and 2 septic tanks. The home on the property is in distress and will need some renovating. This corner lot won't last long and is a must see!
Year
Property tax
Land + Additions
Assessment*
2026
$1,747 (−13.0%)
$76,500 + $50,193
$126,693
2025
$2,009 (+2.8%)
$73,000 + $72,694
$145,694
2024
$1,954 (+64.3%)
2023
$1,189 (−34.3%)
2022
$1,810 (+5.5%)
2021
$1,717 (−2.8%)
2020
$1,766 (−5.7%)
2019
$1,872 (+8.0%)
2018
$1,734 (+8.6%)
2017
$1,596 (+16.5%)
2012
$1,370 (+7.9%)
$7,711 + $67,974
$75,685
2011
$1,270 (+1.5%)
$7,715 + $67,974
$75,689
2010
$1,250
Tax history for 2313 Webb Smith Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,747 (−13.0%)
$76,500 + $50,193
$126,693
2025
$2,009 (+2.8%)
$73,000 + $72,694
$145,694
2024
$1,954 (+64.3%)
2023
$1,189 (−34.3%)
2022
$1,810 (+5.5%)
2021
$1,717 (−2.8%)
2020
$1,766 (−5.7%)
2019
$1,872 (+8.0%)
2018
$1,734 (+8.6%)
2017
$1,596 (+16.5%)
2012
$1,370 (+7.9%)
$7,711 + $67,974
$75,685
2011
$1,270 (+1.5%)
$7,715 + $67,974
$75,689
2010
$1,250
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
187 ft.
Lot depth
233 ft.
Lot size
1 Acre
Year renovated
1977
Sq. Ft.
1,606
Year built
1974
Style
Single Family Residential
County
Grayson County
APN
000000455973
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 0
Parking Features: Circular Driveway, Drive Through
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Bedroom Information
Bedrooms Total: 3
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Other
Interior Features
Room Count: 2
Appliances: None
Number Of Living Areas: 1
Number Of Dining Areas: 1
Living Area: 1606.00
Levels: One
Interior Features: Pantry, Walk-In Closet(s)
Room 1 Information
Room Type: Primary Bedrm
Room Level: 1
Room Dimensions: 0 x 0
Room Length: 0.00
Room Width: 0.00
Room 2 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 0 x 0
Room Length: 0.00
Room Width: 0.00
Exterior
Lot Information
Lot Size: 1 to < 3 Acres
Lot Size Acres: 1.0000
Lot Size Area: 1.0000
Lot Size Square Feet: 43560.0000
Lot Size Units: Acres
Parcel Number: 455973
RATIO List Price By Lot Size Acr: 159900.00000
Will Subdivide: No
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Property Attached YN: Yes
Multi Parcel IDYN: No
Property Key: 48181|455973|1|73495428
Property Match: APN
US Property MUI: 406155194
Building Information
Year Built: 1974
Smart Home Features Appor Pass Y: No
Financial
Financial Information
Buyer Financing: Conventional
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: Aerobic Septic, All Weather Road, Electricity Available, Rural Water District
Location
HOA Information
Association Type: None
School Information
Elementary School: Tom Bean
Elementary School Name: Tom Bean
High School Name: Tom Bean
Middle School Name: Tom Bean
School District: Tom Bean ISD
Location Information
County Or Parish: Grayson
Country: United States
Directions: It is at the corner of Cedar Rd and Webb Smith Rd
Latitude: 33.56979525
Longitude: -96.53317274
Geocode Confidence: High
Subdivision Name: Sherman Ranch Estates
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,606
Stories: —
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1974
Year Renovated: 1977
County: Grayson County
APN: 000000455973
Home facts updated by county records on Sep 9, 2026
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Attribution Contact: 903-285-1695
List Source: TrestleAPI
List Source Original: Matrix
List Source Vendor: RentalBeast
Listing Agreement: Exclusive Right To Sell
Listing Id: 21075544
Listing Key Numeric: 541215941
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 34
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale
Listing Date Information
Days On Market: 68
Cumulative Days On Market: 68
Close Date: 2026-01-05
Purchase Contract Date: 2025-12-08
Listing Contract Date: 2025-10-01
Off Market Date: 2025-12-08
Price Change Timestamp: 2025-10-01T16:39:43.980
Status Change Timestamp: 2026-01-07T10:34:12.503
Listing Price Information
Original List Price: 159900.00
List Price: 159900.00
RATIO Close Price By Lot Size Ac: 130000.00000
RATIO Current Price By Lot Size: 130000.00000
Around this home
Schools
Tom Bean Elementary School
Public PreK-5 • Assigned • 4.7mi
3/10
Tom Bean Middle School
Public 6-8 • Assigned • 3.5mi
5/10
Tom Bean High School
Public 9-12 • Assigned • 3.6mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Sherman, TX • 75090
Average low and high temperatures (°F)
53
32
63
40
75
52
76
59
82
63
90
74
94
75
92
73
88
67
84
61
70
50
61
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$248,000 – $300,000
Reach more buyers when you sell with Redfin. Save up to $2,602 in fees.3 minutes to get started.