Buy Land in Grayson County, Texas
Owner-financed land in Grayson County, Texas. Key facts, active TerraFunded properties, and FAQs for buying rural acreage.
Key facts
- Population (2025)
- 153,613
- County seat
- Sherman
- Driving distance to Dallas
- 65 mi
- Typical total tax rate, rural land (approx.)
- 1.61%
- Climate
- Hot summers and mild winters, with about 44 inches of rain a year; July highs average about 93°F and January lows about 34°F (NOAA 1991-2020 normals, Sherman).
- Nearby cities
- Sherman, Denison, Van Alstyne, Whitesboro
- County tax rate (2025)
- $0.3051 per $100 of value (county only)
- Land area
- 932.8 mi²
- Established
- 1846
- Distances from the county seat
- Dallas: 65 mi (1 h 13 min) · Fort Worth: 90 mi (1 h 41 min) · Houston: 300 mi (5 h 20 min) · Austin: 260 mi (4 h 38 min) · San Antonio: 335 mi (6 h 05 min)
- School districts
- Sherman ISD, Denison ISD, Pottsboro ISD, Van Alstyne ISD, Gunter ISD, Whitesboro ISD, S and S CISD, Howe ISD, Tom Bean ISD, Collinsville ISD, Bells ISD, Whitewright ISD, Tioga ISD, Pilot Point ISD, Trenton ISD
- Main highways
- US 75, US 82, US 69, US 377, SH 121
- Lakes, rivers and recreation
- Red River, Lake Texoma (Denison Dam), Hagerman National Wildlife Refuge (11,320 acres, Big Mineral Arm of Lake Texoma), Choctaw Creek, Eisenhower State Park (Lake Texoma)
- Hunting and wildlife
- For the 2026-27 season, Texas Parks and Wildlife (TPWD) puts Grayson County in the North Zone for white-tailed deer, with a bag limit of 4 deer (no more than 2 bucks and 2 antlerless), antler restrictions on bucks and a general season from November 7, 2026 to January 3, 2027. During the youth and general seasons only archery equipment and crossbows are legal, and every deer must be reported to TPWD within 24 hours. A spring turkey season (April 22 to May 14, 2027) allows one gobbler.
About Grayson County
Grayson County is in north central Texas on the Red River, bordered by Fannin, Collin, Denton and Cooke counties. On March 17, 1846, it was marked off from Fannin County and named for Peter W. Grayson, attorney general of the Republic of Texas. Sherman, the county seat, is about 65 miles north of downtown Dallas on US 75, a drive of about 1 hour 15 minutes. Denison is the birthplace of President Dwight D. Eisenhower, and his birthplace is now a state historic site. The Census Bureau estimated 153,613 residents in 2025, up from a 2020 base of 135,601, on 933 square miles of land. The northern part of the county drains into Lake Texoma and the Red River across sandy and loamy Post Oak Belt soils, while the south drains toward the Trinity River on blackland soils. Lake Texoma, created by Denison Dam, is a major recreation area, and the 11,320-acre Hagerman National Wildlife Refuge on its Big Mineral Arm is a winter home for migrating geese and ducks. Texas Instruments is producing chips at its new 300-millimeter wafer fab in Sherman. US 75, US 82, US 69 and US 377 cross the county, and Austin College in Sherman and a junior college between Sherman and Denison serve the area. Deer hunters should note that Grayson is an archery and crossbow only county during the general season.
Active TerraFunded Properties in Grayson County
No active inventory in Grayson County right now. View our full Texas land marketplace.
FAQs about Buying Land in Grayson County
What are property taxes like on rural land in Grayson County?
For tax year 2025 the Grayson County government levies $0.3051 per $100 of taxable value, according to the Texas Comptroller. Rural land also pays a school district and any special district that covers it, so the combined rate across the county's main school districts runs from about $1.39 to $1.69 per $100. The combined figures include the Grayson County Junior College District ($0.1460), which covers the whole county. Land that qualifies for agricultural or wildlife management use can be appraised on its agricultural use value rather than its market value, which lowers the taxable value.
How far is Grayson County from Dallas and Fort Worth?
Sherman, the county seat, is about 65 miles from downtown Dallas by road, about 1 hour 15 minutes, mostly on US 75. Downtown Fort Worth is about 90 miles away (about 1 hour 40 minutes). By road, Houston is about 300 miles, Austin is about 260 miles and San Antonio is about 335 miles.
Which school districts serve rural Grayson County?
The Texas Comptroller's 2025 property tax data lists 15 school districts with territory in Grayson County. By property value the largest are Sherman ISD, Denison ISD, Pottsboro ISD, Van Alstyne ISD, Gunter ISD, Whitesboro ISD and S and S CISD. Smaller areas belong to Howe ISD, Tom Bean ISD, Collinsville ISD, Bells ISD, Whitewright ISD, Tioga ISD, Pilot Point ISD and Trenton ISD. The district for a specific tract depends on its exact location.
What are the hunting rules in Grayson County?
For the 2026-27 season, Texas Parks and Wildlife (TPWD) puts Grayson County in the North Zone for white-tailed deer, with a bag limit of 4 deer (no more than 2 bucks and 2 antlerless), antler restrictions on bucks and a general season from November 7, 2026 to January 3, 2027. During the youth and general seasons only archery equipment and crossbows are legal, and every deer must be reported to TPWD within 24 hours. A spring turkey season (April 22 to May 14, 2027) allows one gobbler. Archery hunting also requires an archery endorsement on the hunting license.
Can foreigners buy land in Grayson County, Texas?
In most cases, yes. Texas law generally gives non-citizens the same property rights as citizens, but since September 1, 2025 Senate Bill 17 (Texas Property Code, Subchapter H, sections 5.251 to 5.259) prohibits purchases by certain individuals, companies and governments tied to China, Iran, North Korea and Russia. U.S. citizens and lawful permanent residents are not covered by that restriction. Buyers who can purchase receive a Warranty Deed in their own name at closing, the same as any other buyer.
Are there building or use restrictions on rural land in Grayson County?
Most TerraFunded tracts in Grayson County are in unincorporated areas with no zoning, no HOA, and no deed restrictions on use. Buyers can typically place a manufactured home, build a barndominium, run livestock, or hold the land long-term. We disclose all known deed restrictions on each individual listing page.
What about water and well access in Grayson County?
Grayson County is generally served by private water wells in rural areas, with some tracts also having access to local rural-water supply corporations. Groundwater availability and typical well depth vary by location — each TerraFunded listing notes whether a well is in place, the local aquifer, and any known neighbor-well data.
Is electricity available on rural lots in Grayson County?
Most rural Grayson County tracts are served by a local electric cooperative. On lots without an existing meter, the buyer arranges a new service drop directly with the co-op after closing. Each listing specifies whether the property has electricity at the lot line, on the property, or requires a new extension.
How do I physically access a property in Grayson County?
Every TerraFunded listing in Grayson County is sold with legal road access — either direct frontage on a county-maintained road or a recorded easement to a public road. The specific access type, road frontage, and any easement details are disclosed on each listing page and shown on the parcel survey.
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