1088 Smith Oak Road Luxury ranch estate on nearly 12 ag-exempt acres in highly desirable Grayson County, ideally located between Sherman and Bells. This gated Texas ranch blends refined living with the beauty of wide-open land, featuring three versatile barns, fully fenced pastures, a seasonal pond, and exceptional privacy. Inside, the custom-built home showcases open-concept living, designer finishes, soaring ceilings, a chef’s kitchen with JennAir professional appliances and wine room, and exquisite craftsmanship throughout. The primary suite feels like a private retreat with spa-inspired amenities and heated floors, while guest suites offer comfort for family or visitors. An oversized four-car garage, dog-wash station, and pool-ready plumbing and electrical add convenience without sacrificing elegance. This property is ideal for equestrian use, livestock, or anyone seeking a luxury country lifestyle with space to entertain, relax, and enjoy nature. Located just minutes from Sherman, Hwy 75, and everyday conveniences, this estate offers rare ranch living with a refined, high-end feel. Keywords: luxury ranch estate, ag-exempt acreage, horse property, equestrian property, custom home on land, Texas ranch, gated ranch, barns, Grayson County acreage.