Favorite Listings
Sherman, TX 75092
$10,031,868

About this home

Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas 
Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress. 
Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border.
Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd.
Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages.
Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline.
Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
3112
Living Area
0
Lot Size (Acres)
23.03
Property Subtype
Unimproved Land
Property Type
Commercial Sale
Status
Active
Year Built
1976

Interior

Fireplaces
0

Exterior & Construction

Lot Features
Acreage, Many Trees

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Sherman
County
Grayson
ZIP Code
75092
State
TX
Subdivision
G-1553

Financial

Price
10031868

Utilities

Sewer
Public Sewer, Septic Tank
Utilities
Electricity Connected, Overhead Utilities, Sewer Available, Septic Available, Water Available

Listing Details

Listing Agent
ROBIN PHILLIPS
Listing Office
Compass RE Texas, LLC.
MLS #
21368995
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21368995

Listing agents

Listing AgentROBIN PHILLIPSCompass RE Texas, LLC.

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