Listing provided courtesy of HBL, Realtors- MLS# 21203708MLS ProviderContact Information: Victoria Woodard - 903-786-6063

TBD Texoma ParkwaySherman, TX 75090

Vacant Land · 1.73 Acres
$324,900 Active

TBD Texoma Parkway Overview

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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!

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TBD Texoma Parkway Facts & Features

  • Type Vacant Land
  • Lot 1.73 Acres

Details

General

Association/HOA

  • Association: No

Distance to Services

  • Distance To Street Numeric: 20

School Information

  • School District: Sherman ISD
  • Elementary School: Dillingham
  • Middle Or Junior School: Piner
  • High School: Sherman

Business Information

  • Business Type: Build to Suit
  • Current Use: Commercial,Unimproved

Location/Region

  • Country: US
  • County Or Parish: Grayson
  • Postal City: SHERMAN
  • Subdivision Name: G-0969

Community/Development

  • Community Features: Curbs

Tax Information

  • Tax Annual Amount: 1384.0

General Information

  • Disclosures: Deed Restriction,Easement(s)
  • Listing Terms: Cash,Conventional,1031 Exchange,Other
  • Parcel Number: 154536
  • Possible Use: Commercial,Development,Investment,Mixed Use,Retail
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Cleared,Irregular Lot,Landscaped,Level,City Lot
  • Lot Size Acres: 1.73
  • Lot Size Area: 1.73
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 75358.8
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • Road Surface Type: Concrete
  • Vegetation: Cleared
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: Highway,State Road,All Weather Road
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Overhead Utilities,Phone Available,Sewer Available,Underground Utilities,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

TBD Texoma Parkway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

TBD Texoma Parkway Market Data

Based on the last 30 days in this zip code

$342,725
Average List Price
$177
Average Price per Square Foot
35
Properties Sold
213
Average Days on Market
301
Properties for Sale
Calculations provided by Reliance Network


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