LOT SIZE 68.642 acres
MLS#21381245
STATUSActive
PROPERTY TYPELand - Residential
SCHOOLSherman ISD
Property Description
68.642 Acres of Development Land in Sherman, Texas -- City Water, City Sewer & Electricity AvailableRare 68.642-acre development opportunity in Sherman, Texas, positioned in one of North Texas' rapidly growing markets. This expansive tract offers an exceptional combination of size, location, frontage, and utility availability, making it an attractive opportunity for land developers, residential developers, multifamily investors, builders, investors, and future development projects.The property features over 1,400 feet of frontage along Friendship Road and is located approximately one-third of a mile from Hwy 56 (Houston Street), providing convenient access to major transportation corridors including FM 1417, US Highway 75 and Highway 82. The property is situated within the Sherman city limits and is surrounded by existing residential development, creating an excellent setting for continued growth and potential future development.One of the property's strongest advantages for developers is the availability of city water, city sewer, and electricity, along with asphalt road access. Having major utilities available in the area can significantly enhance the property's development potential and provide a major advantage over large acreage tracts requiring private wells, septic systems, or extensive utility extensions.Potential uses including residential development, single-family development, multifamily development, subdivision, and general development. The property is currently vacant, offering a developer a blank canvas for future planning.Located in Sherman ISD, the property benefits from its proximity to established neighborhoods and the continued expansion of the Sherman area. Its combination of 68+ acres, substantial road frontage, city utilities, strategic location, and surrounding development makes this a property worth serious consideration for investors seeking North Texas development land.
Property Features
Property Type: Land - Residential
Lot Size: 68.64 Acres
Feature Descriptions
Days on Site: 6
Lot: Acreage, Few Trees
Parcel#: 122465
Utilities: City Sewer, City Water, Electricity Available
Local Schools
Elementary School: Henry W Sory
School District: Sherman ISD
Listed By / Shown By
Listed By
Agency Name: Keller Williams Prosper Celina
Agency Contact: 972-382-8882
Agent Name: Corey Jones
Shown By
Agent Name: Meredith Harmon
Agent Phone: (254) 744-8128
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 10,280.58 per month $9,089.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,191.19 Homeowner's InsuranceChange Payment Information
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000 Friendship Road | MLS# 21381245
This land located at 000 Friendship Road, Sherman, TX 75092 is currently listed for sale with an asking price of $4,084,080. The property has approximately 68.64 Acres. Friendship Road is located within the Sherman ISD school district. Search Sherman real estate on meredithharmon.kellyrealtors.com today.