TBD Texoma Parkway, Sherman, TX 75090
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TBD Texoma Parkway, Sherman, TX 75090
TBD Texoma Parkway, Sherman, TX 75090
TBD Texoma Parkway, Sherman, TX 75090
TBD Texoma Parkway, Sherman, TX 75090
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TBD Texoma Parkway Sherman, TX 75090

1.73 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision G-0969

MLS Listing ID 21203708

HOA Y/N None

Annual Tax Amount $1,384

Lot Size 1.730 Acres

Acres 1.73

Property Sub-Type Unimproved Land

Property Description

PRICE IMPROVEMENT! PRIME COMMERCIAL PROPERTY! 1.73 ACRES WITH 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!

Location

State TX

County Grayson

Zoning (300) COMMERCIAL LAND-VACANT

Direction From Hwy 75, exit at Hwy 82 East. Travel east on Hwy 82 to Texoma Pkwy. Travel north on Texoma Parkway approximately 1 mile. The property is located on the west side of the road.

Exterior

Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Curbs, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Underground Utilities

Street Surface Concrete

Lot Frontage 63.0

Garage No

Building

Lot Description Acreage, Cleared, Irregular Lot, Landscaped, Level

Schools

Elementary Schools Dillingham

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Restrictions Deed,Development

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Aerial Photo, Build to Suit, Deed Restrictions, Survey Available, Utility Easement

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21203708


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Victoria Woodard • HBL, Realtors

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TBD Texoma Parkway