The Stephen Reserveat Ambrose
Ten to fifteen acres of horse-ready sandy loam, a lake and nine ponds, and mature trees behind a gated stone entrance. About 10 miles from Sherman.
Choose your ground.
Acreage lots for sale from 10.5 to 15.3 acres. Click any homesite to see its acreage, price, water and status. Phase 1 is open now on the new estate road off FM 1753.
| Lot | Phase | Acres | List price | Status |
|---|
Acreages are approximate and subject to final survey and recorded plat. Prices and availability are subject to change. Contact us to confirm current pricing and terms.
Room to breathe.
Close to everything.
Large acreage homesites in Grayson and Fannin County country: private and gated, with the land and water buyers are looking for.
Horse-ready sandy loam
Soil that drains and holds up for horses, and is hard to find in this part of North Texas.
A lake and nine ponds
Water on eight homesites. Lot 13 fronts the lake, and Lot 15 has a newly dug pond.
10.5 to 15.3 acres
Space for a home, a barn, pasture and privacy, with mature tree cover and open land.
Gated estate entrance
Texas limestone columns, black steel gates and a landscaped median off FM 1753.
Roads in, ready to build
Phase 1 roads are installed. Phase 2 road construction is planned to begin at the end of November 2026, connecting through to FM 1897.
10 miles to Sherman
Groceries, Sherman Town Center, healthcare and thousands of new jobs nearby.
Horse property
near Sherman, TX.
The Reserve sits on sandy loam, a soil horse owners look for and rarely find in this part of North Texas. It gives you better footing, faster drying and pasture you can actually use.
Soil varies across the property. We recommend a soil test when planning pastures, and following Texas A&M AgriLife guidance for managing horses on sandy soils.
- Tractor SupplyUS 75 North, Sherman: feed, fencing, trailers
- Equine supply storesSherman, Howe and Bonham
- Tractor Supply BonhamSecond store to the east
Ask us about local farriers, vets and hay suppliers.
A grand entrance off FM 1753.
A classic estate-style entrance planned for the main gate, attractive from both the incoming and outgoing drive.
- Texas limestone columns with warm lantern lighting
- Black steel estate gates with resident and visitor access lanes
- Landscaped center median with a stone monument sign
- Three-rail cedar fence wings framing the entry
Country quiet.
About 10 miles to Sherman.
Home is on acreage outside Ambrose, and everyday shopping, dining and healthcare are about a 10-mile drive away in Sherman. Sherman is also a growing hub for new jobs.
Groceries & everyday
Walmart Supercenter, Target, Kroger and ALDI.
Coming: H-E-B has bought about 20 acres in south Sherman for its first Grayson County store.
Sherman Town Center
Target, Home Depot, Hobby Lobby, Best Buy, Old Navy, Ross, TJ Maxx, Belk, JCPenney and Kohl's, plus a Cinemark theater and restaurants at US 75 and US 82.
Outdoors, ranch & pets
Academy Sports + Outdoors, Tractor Supply, PetSmart and Petco. Hardware and building supply at Home Depot.
Healthcare
AHS Sherman Medical Center (formerly Wilson N. Jones) in Sherman, and Texoma Medical Center in nearby Denison.
Jobs nearby
Texas Instruments began production at its new Sherman chip plant in late 2025, and GlobalWafers has opened its new silicon wafer plant in Sherman.
Two road frontages
The main gated entrance is off FM 1753 (Phase 1). The Phase 2 road connects through to FM 1897.
Store list reflects publicly available information as of November 2026 and may change. Drive distances are approximate.
Questions buyers ask.
What utilities are available?
Electric service is available. There is no public water: each owner drills a private well on their homesite. Ask us about wastewater and septic requirements for your lot.
Are the roads in?
Phase 1 roads are installed. Phase 2 road construction is planned to begin at the end of November 2026.
Is the land good for horses?
Yes. The Reserve has sandy loam soil, which drains better and gives better footing than the heavy clay common around Sherman. With 10.5 to 15.3 acres per homesite, there is room for a barn, pasture and a riding area. Check the deed restrictions for any rules on barns and animal numbers.
How far is shopping?
Sherman is about 10 miles away. It has Walmart, Target, Kroger, ALDI, Home Depot, Tractor Supply and the Sherman Town Center shops, and H-E-B has bought land there for a future store.
Are the acreages final?
Acreages are approximate, based on the engineer's preliminary layout. Final acreage is set by the survey and recorded plat.
Which lots have water?
Lots 2, 3, 7, 9, 10, 11, 13 and 15 have water on them. Lot 13 fronts the lake, and Lot 15 has a newly dug pond.
Are there deed restrictions?
Yes. Restrictions, easements and any owner association details are provided with the lot documents. Ask for the current package before you make an offer.
How do I see the property?
Site visits are private and by appointment. Use the form below or call to set a time, and we'll walk the lots you're interested in.
Phase 1 is selling now.
Phase 1 has the first homesites on the finished road, including the lake-front lot. Walk the land and pick yours while the best sites are still open.