TX-56 MITCHELL ROAD, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
TX-56 Mitchell Road
Sherman, TX 75090
List Price$8,000,000
Listing #20758426
About This Property
Utilities -- City water (pink water company Sherman) and City Sewer. Note that Sewer is combination of Onsite & Offsite solution, end to end implemented by Sewer solution company in accordance with TCEQ & City guidelines, we will hand-over the study, cost and introduce the company. Multiple access road 1) Frontage 3-acre parcel in Hwy 56 2) Thru Private road Mitchell road 3) Bode Road private road 4) Buyer can also purchase a private access from another parcel, which connects hwy 56 & this property, estimated cost $400k to $600k, as required. Property includes 7 acres of flood plain area, as long as we carve out that as green space and no development., no US army core or any special approvals required. All the trees in the property is cut, hauled and property is fully cleaned and rough graded, It is mowed and well kept. Status: Residential Zoned and it is not yet permitted, part of Sherman ETJ. Buyer will pay for the number of lots in City support letter and Buyer will be responsible for taking it to full entitlement, It is priced for Quick sale as paper lot. If we lose some lot's during Civil engineering stage, then Buyer can adjust that to the Seller note carry. Sherman is home to Texas Instruments, with a new $30 billion fabrication plant coming next year that could support 3,000 direct jobs over time. Conveniently located between US Hwy 75 & Texoma Pkwy. Other employers in Sherman include Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight
Property Features
Location Information
County
Grayson
Subdivision
G-7619 - TRAILS END SUBDIVISION
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available, Sewer Available, Water Available
Zoning
Residential zoning
Utilities
Electricity Available, Sewer Available, Water Available
Development Status
Other, Zoned
Lot Description
Acreage
Is One Story
No
Lot Size in Acres
68
Lot Description
Acreage
Lot Size in Sq. Ft.
2,962,080
School
Elementary School District
Sherman ISD
Jr. High School
Piner
Elementary School
Jefferson
High School
Sherman
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Exclusions
Minerals
Status
Active
Similar Listings
Mortgage Calculator
$37,360
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$28,828
Monthly Tax
$6,666
Monthly Insurance
$1,866
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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