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$3,750,000
Est. payment /mo
30.89 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision John A Jennings Survey
MLS Listing ID 21209544
HOA Y/N None
Annual Tax Amount $2,665
Lot Size 30.892 Acres
Acres 30.892
Property Sub-Type Unimproved Land
Property Description
30.89-acre property presents a rare chance for investors and developers to capitalize on one of North Texas' fastest-growing markets. Strategically located in a highly desirable corridor of Sherman, the property offers tremendous flexibility for a variety of development possibilities including residential, commercial, mixed-use, or institutional projects. Sherman and the greater Grayson County region are experiencing significant economic expansion, driven in large part by Texas Instruments' $30 billion semiconductor manufacturing campus, one of the largest private investments in Texas history. The Texas Instruments project alone is expected to generate thousands of high-paying jobs and attract a substantial network of suppliers, advanced manufacturing firms, and supporting businesses to the area. In addition to Texas Instruments, Sherman continues to attract major corporate investment and manufacturing growth, including companies such as GlobiTech, Finisar II-VI (Coherent), Emerson, Tyson Foods, and Sunny Delight, along with a growing list of suppliers and technology firms positioning themselves near the emerging semiconductor hub. This wave of industrial and technology development is fueling strong population growth, housing demand, and commercial expansion throughout the region. The property's location also benefits from proximity to existing city infrastructure, with city water and sewer available nearby, providing a strong foundation for future development. As Sherman continues to expand northward and eastward, sites with access to utilities and transportation corridors are becoming increasingly valuable.
Location
State TX
County Grayson
Zoning Located in Opportunity Zone
Direction GPS
Exterior
Utilities Available Electricity Available, Sewer Available, Other
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Percy W Neblett
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Restrictions Easement(s),Pipeline
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Listed by Heather Konopka • Heather S Konopka
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