0000 Hwy 11, Sherman, Texas 75090

$27,500,000
List Price
$27,500,000
MLS#
20521671
Status
ACTIVE
Type
Land
Acres
845
County
Grayson
City
Sherman
Subdivision
NA
Development
Unzoned

Property Description

Rarely does a property with this large amount of acreage come on the market in Grayson County, but this distinctive and unique tract of approximately 859 beautiful acres is definitely one-of-a-kind with its rolling topography variations of around 110 feet. Located on the southeast edge of Sherman in the fast-growing State Highway 11 Corridor, it has the potential to be a “buy and hold” long-term investment, or could be immediately used for developing. This 859 acres now on the market has been meticulously maintained where pride of ownership shows from fence row to fence row. Sherman and Grayson County are both realizing tremendous growth and this property is destined to be included in the next chapter with its fantastic future potential. Schedule a showing of this unique, one-of-a-kind beautiful property that is just waiting for its next owner.

Additional Information

HOA
No HOA
Lease
Yes
Lot Size
37,435,028
Acres
859.39
Lot Description
Acreage, Agricultural
Subdivided
No
Street Utilities
All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits
Heating Cooling
Heat Pump
Road Frontage Desc
County Road, Highway, State Road
School District
Sherman Isd
Elementary School
Dillingham
Middle School
Sherman
High School
Sherman
Possession
Closing/Funding
Number of Stock Tanks
9
Present Use
Agricultural, Crops and Livestock, Grazing, Investment, Ranch
Proposed Use
Agricultural, Development, Grazing, Investment, Livestock, Mixed Use, Ranch, Recreational
Zoning
NONE
Possession
Closing/Funding
Ag Exemption
Yes
Restrictions
No Known Restriction(s), None
Easements
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Matthew Shaw from DAVID NORMAN LAND COMPANY. Contact: 903-587-9898