4020 TEXOMA PARKWAY, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
4020 Texoma Parkway
Sherman, TX 75090
List Price$349,900
Listing #21203708
About This Property
PRIME COMMERCIAL PROPERTY! FRONTAGE ON TEXOMA PARKWAY! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and GlobalWafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location -- 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate -- No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College's health care and nursing programs and Austin College's STEM and business programs. Lower Cost of Doing Business -- Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This land parcel presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With substantial frontage on Texoma Parkway (State Highway 91), the land can be developed for a variety of commercial uses, including retail, restaurants, office space, automotive businesses, and service businesses, to name a few. The medical office adjacent to the property is also available for purchase. This presents an opportunity to expand the existing office space and parking area. See MLS#21200523. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location!
Property Features
Location Information
County
Grayson
Subdivision
G-0969
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Cable Available, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Underground Utili
Possible Best Use
Commercial, Development, In
Utilities
Cable Available, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Underground Utili
Zoning
(300) COMMERCIAL LAND-VACANT
Lot Description
Acreage, Cleared, Irregular Lot, Landscaped, Level, City Lot
Road Description
Highway, State Road, All Weather Road, Concrete
Lot Size in Acres
1.73
Is One Story
No
Lot Size in Sq. Ft.
75,358
Lot Description
Acreage, Cleared, Irregular Lot, Landscaped, Level, City Lot
Current Use
Commercial, Unimproved
School
Elementary School District
Sherman ISD
Jr. High School
Piner
Elementary School
Dillingham
High School
Sherman
Additional Information
Property Type
LL
Tax Annual Amount
1384.0
Property SubType
Unimproved Land
Community Features
Curbs
Status
Active
Documents Available
Aerial, Survey
Has a Home Owners Association
No
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$1,632
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,260
Monthly Tax
$291
Monthly Insurance
$81
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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