TBD E CANYON GROVE ROAD, SHERMAN, TX 75092

Homes for sale in Sherman.

Homes for sale in 75092.


Status of the property has changed, please contact for details

List Price$2,250,000

TBD E Canyon Grove Road

Sherman, TX 75092

Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21046661

18.56

Acres

Lots / Land

Type

About This Property

We are pleased to offer for sale an exceptional ±18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region. The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam's Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses. With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment -- making this property a rare chance to secure a foothold in one of North Texas' fastest-growing markets.

Property Features

Location Information

County

Grayson

Subdivision

John Jennings

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available, Water Available

Current Use

Unimproved

Lot Description

Acreage, Pasture, Few Trees, City Lot

Zoning

Property is zoned Commercial and in an Opportunity

Lot Size in Acres

18.56

Is One Story

No

Lot Size in Sq. Ft.

808,473

Lot Description

Acreage, Pasture, Few Trees, City Lot

School

Elementary School District

Sherman ISD

Jr. High School

Sherman

Elementary School

Percy W Neblett

High School

Sherman

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

15891.0

Status

Pending

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Mortgage Calculator

$10,507

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$8,107

Monthly Tax

$1,875

Monthly Insurance

$525

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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