Property Details:
- County or Parish
- Grayson
- Lot Size
- 50 to =< 100 Acres
- Lot Size (Acres)
- 68.6420
- Lot Size Area
- 68.6420
- Lot Size (Square Feet)
- 2990045.5200
- Association Type
- None
- Restrictions
- Building
- Zoning Description
- R-1
School Information:
- School District
- Sherman ISD
- Elementary School
- Henry W Sory
- Middle School
- Piner
- High School
- Sherman
Exterior Information:
- Lot Features
- Acreage,Few Trees
- Lot Size
- 50 to =< 100 Acres
- Acres
- 68.6420
- Waterfront
- No
Farm and Ranch Info:
- Barns Count
- 0
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21381245
000 Friendship Road
Sherman, Texas
$4,084,080
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Type: Land
Remarks: 68.642 Acres of Development Land in Sherman, Texas -- City Water, City Sewer & Electricity Available
Rare 68.642-acre development opportunity in Sherman, Texas, positioned in one of North Texas' rapidly growing markets. This expansive tract offers an exceptional combination of size, location, frontage, and utility availability, making it an attractive opportunity for land developers, residential developers, multifamily investors, builders, investors, and future development projects.
The property features over 1,400 feet of frontage along Friendship Road and is located approximately one-third of a mile from Hwy 56 (Houston Street), providing convenient access to major transportation corridors including FM 1417, US Highway 75 and Highway 82. The property is situated within the Sherman city limits and is surrounded by existing residential development, creating an excellent setting for continued growth and potential future development.
One of the property's strongest advantages for developers is the availability of city water, city sewer, and electricity, along with asphalt road access. Having major utilities available in the area can significantly enhance the property's development potential and provide a major advantage over large acreage tracts requiring private wells, septic systems, or extensive utility extensions.
Potential uses including residential development, single-family development, multifamily development, subdivision, and general development. The property is currently vacant, offering a developer a blank canvas for future planning.
Located in Sherman ISD, the property benefits from its proximity to established neighborhoods and the continued expansion of the Sherman area. Its combination of 68+ acres, substantial road frontage, city utilities, strategic location, and surrounding development makes this a property worth serious consideration for investors seeking North Texas development land.
Active
Listed by: Corey Jones
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321