Property Attributes
- MLS#20642718
- TypeLand
- CountyGRAYSON
- CitySherman
- Zip75092
- StyleUnimproved Land
- Year Built1982
- Taxes$ 28124
- Price$ 5,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size28.665 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Property has been cleared of most items and large buildings have been removed. It has been Approved with the city of Sherman to build Rent Units. Recently Approved MF-15 for Built to Rent (Up to 420 Units) property on West Side of Sherman. .5 Mile off of Heritage Pkwy and Hwy 56 in the middle of high growth area. Located 10 minutes from proposed $5B GlobiTech, Inc development and approx. 15 minutes from $25B Texas instruments development. Property is located within the Sherman City Limits and has utilities close by. Located two miles from new Sherman High School. FM1417 is in the process of being upgraded to four lane divided median highway.
Elementary School |
---|
Wakefield Elementary School |
Price History | |
---|---|
6/12/2024 | Listed $5,000,000 |
General Features
Development Status | City Limits,Zoned |
---|---|
Utilities | City Sewer,City Water,Electricity Connected,Sewer Available |
Possession | Closing/Funding |
Easements | Utilities |
current use | Commercial,Development,Multi-Family |
Restrictions | Development,No Divide |
School District | Sherman ISD |
Year Built | 1982 |
Unexempt Taxes | 28124 |
Will Subdivide | No |
Property SubType | Unimproved Land |
Subdivision Name | na |
Zoning Description | Zoned MF-15 Up to 420 Built To Rent Units |
Occupant Type | Vacant |
County | Grayson |
Property Type | Land |
HOA Type | None |
Status | Active |
Directions | Driving North on 75,Exit FM1417 and turn left. Stay on FM1417 to Hwy 56 aka Houston St,Turn Left and drive .5 mile and property will be on Right. |
City | Sherman |
Buyer Agent Compensation | 2.5 |
Elementary School Name | Wakefield |
High School | Sherman |
Elementary School | Wakefield |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20642718 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Lock Box Type | None |
---|
Exterior Features
Lot Features | Acreage,Few Trees |
---|---|
Lot Size Source | Assessor |
Lot Size | 10 to < 50 Acres |
Lot Size Area | 28.6650 |
Lot Size Units | Acres |
Road Frontage Type | Highway |
Lot Size Square Feet | 1248647.4000 |
Lot Size Acres | 28.6650 |
Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool