3601 OLD SHERMAN ROAD #FM901, WHITESBORO, TX 76273
Homes for sale in Whitesboro.
Homes for sale in 76273.
3601 Old Sherman Road #FM901
Whitesboro, TX 76273
List Price$989,000
Listing #21173354
About This Property
39.78 Acres + 1 Acre Residential Parcel -- Major Arterial Corridor Land -- 3 Miles to Future Dallas North Tollway -- Utilities in Place -- No Deed Restrictions -- Strategically positioned along FM 901 (Major Arterial) just 1,300 feet from HWY 56 and approximately 3 miles from the planned Dallas North Tollway extension, this 39.78-acre ag-exempt tract plus adjoining 1-acre residential parcel presents a rare long-term investment opportunity in the path of North Texas growth. Located at 3601 Old Sherman Rd (#FM901) and 7074 FM 901 in Whitesboro, this offering provides frontage, access, flexibility, and future positioning rarely available in one package. Key Highlights: * Seller Financing Option * 39.78 acres Ag-Exempt farmland * Power and Water onsite * No deed restrictions * Frontage along FM 901 * Approx. 1,300 ft from HWY 56 * ~3 miles from future Tollway * Subdivision potential (1, 2, 3, 5+ acre tracts per county guidelines) Utilities: Served by Two-Way SUD with two water meters on FM 901, 9" main along FM 901 and 5" main along Old Sherman Rd. Electric available at both front and rear of property. The property includes mapped floodplain along the natural creek corridor, supporting agricultural use and maintaining current ag exemption status, while significant portions remain outside the flood hazard area. With Grayson County experiencing rapid infrastructure planning and arterial expansion, this tract offers strong potential for residential development, commercial positioning, industrial flexibility, or a strategic long-term hold. Whether you're an investor seeking corridor appreciation, a developer exploring phased subdivision, or an end user wanting land with upside, this property delivers location, flexibility, and growth alignment. Opportunities of this size, position, and flexibility along designated major arterials are increasingly limited. Contact Agent for survey, floodplain documentation, and seller financing structure.
Property Features
Location Information
County
Grayson
Subdivision
0
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available, Electricity Not Available, Propane, Overhead Utilities, Water Available
Possible Best Use
Agricultural, Commercial, M
Utilities
Electricity Available, Electricity Not Available, Propane, Overhead Utilities, Water Available
Zoning
Not Zoned
Lot Description
Acreage, Few Trees
Road Description
County Road, Farm to Market Road, All Weather Road,
Lot Size in Acres
40.777
Is One Story
No
Lot Size in Sq. Ft.
1,776,246
Lot Description
Acreage, Few Trees
Current Use
Agricultural
School
Elementary School District
S and S Cons ISD
Jr. High School
S And S
Elementary School
S And S
High School
S And S
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Ranch
Tax Annual Amount
1285.0
Status
Active
Exclusions
RVs and trailers
Similar Listings
Mortgage Calculator
$4,617
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,563
Monthly Tax
$824
Monthly Insurance
$230
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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