4020 TEXOMA PARKWAY, SHERMAN, TX 75090

Homes for sale in Sherman.

Homes for sale in 75090.


4020 Texoma Parkway

Sherman, TX 75090

Active

List Price$349,900

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21203708

1.73

Acres

Lots / Land

Type

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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