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$35,500,000
21357502 MLS
62.8108-acre development opportunity strategically located at the northeast corner of Heritage Parkway (FM 1417) and Washington Street in Sherman, Texas. The property is situated immediately south of an established retail strip center and directly adjacent to the growing Washington Meadows residential community, creating an excellent setting for future residential, commercial, or mixed-use development. The tract offers prominent frontage along Heritage Parkway (FM 1417), one of Sherman’s important north-south growth corridors, with convenient access to major transportation routes and the surrounding retail, residential, and employment areas. The property is currently zoned residential. Commercial development would be subject to obtaining the appropriate zoning change and all required approvals from the City of Sherman. Buyers and developers should independently verify zoning, permitted uses, utilities, access, development standards, and availability with the City of Sherman and applicable governmental authorities. The property's size, corner location, visibility, and proximity to existing and expanding residential development make it an attractive opportunity for developers, investors, and users seeking a sizable tract in a rapidly developing area of Sherman.

62ac Heritage Fm 1417 Pkwy, Sherman
$19,000,000
21212990 MLS
A rare opportunity to acquire over 226 acres of strategically located land parcels in high-growth Grayson County, spanning Sherman, TX. Situated near Texas Instruments’ new facility, Shepherd’s Place, and the Sherman Gateway development, this portfolio is ideal for residential, industrial, or mixed-use development. With close proximity to major transportation corridors and Howe High School, the location offers strong potential for near-term projects or long-term investment. Positioned in one of North Texas’ fastest-growing markets, this is a compelling opportunity you don’t want to miss. Message us today for details!

Tbd W Shepherd Dr, Sherman
$18,900,000
21141965 MLS
***** A RARE GEM ******* Amazing 151 ACRES , Corner Lot Of PRESTON & ELLIOT RD. 2500 + FT FRONTAGE on PRESTON RD & 2500+ FT FRONTAGE on ELLIOTT RD . GREAT COMMERCIAL. RESIDENTIAL PROPERTY .Survey in Transaction Desk . property may have small amount of flood in south east corner . ***** DO NOT MISS OUT ******

151 Acres Preston Rd, Sherman
$16,500,000
21188451 MLS
Vanguard Real Estate Advisors has been exclusively retained by Ownership to present the opportunity to purchase a 220 acre master planned community called Greenway, located along OB Groner Road in Sherman, TX. The Site is zoned under the Greenway planned development, allowing for a mix of commercial, single family, townhomes, and multifamily. The current Concept Plan shown on page 3 contemplates 808 residential lots, 773 multifamily units, and 16.4 acres of retail space. Ideally located approximately 2 miles west of US Highway 75 and less than a 10-minute drive to the new GlobiTech and Texas Instruments facilities, this is a great opportunity to acquire a Site with high density entitlements in one of the fastest growing markets in North Texas.

000 Ob Groner, Sherman
$15,619,175
20839160 MLS
This stunning 100-acre parcel of land offers a perfect blend of privacy, natural beauty, and development potential. Zoned for residential development, this property offers ample space for custom homes or a luxury housing development. The mix of wooded and open areas creates ideal opportunities for integrating homes into the landscape while maintaining privacy and natural beauty. Additional acreage available up to 282 acres.

95 Meadowlake Ln, Sherman
$15,041,268
21297589 MLS
Here is the information for a 23.4 acre Build-to-Rent Site and a 30 acre Multifamily Site that are part of a larger master planned community called Shepherd’s Place, located at the southwest corner of US-75 and Shepherd Road in Sherman, TX. The Site is zoned under the Shepherd’s Place planned development, a 531 acre community, which will also include, but not limited to, 60 acres of retail, 20 acres of office, 941 single family lots, 24 acres of townhomes, and 7 acres of hospitality. Please note, Ownership would consider subdividing the 30 acre Multifamily Site into two 15 acre tracts, and the Build-to-Rent Site can also be developed as multifamily; all the sites can be purchased individually.

1100 Shepherd, Sherman
$10,775,000
14697642 MLS
44 acres of commercial land on the NEC of Highway 82 and Texoma parkway. Former Sher-Den Mall Site. Opportunity zoned land. Commercial pad sites and residential land tracts available. Will parcel off ideal size tracts and pad sites for users and investors.

3209 Texoma Pkwy, Sherman
$10,738,700
20749819 MLS
A rare 107-acre Ag Exempt property with ~1,500 ft frontage on Highway 56, just outside Sherman city limits. This land is ideal for development or investment. Sherman is attracting billions in new investments, with rapid expansion and key projects like the Texas Instruments semiconductor plant. Located less than a mile from city limits and within a 10-minute drive to Austin College, Sherman Town Center, and much more, this site offers exceptional access and visibility. With the ongoing industrial corridor development in South Sherman, the property is perfectly poised to benefit from the city's growth. Don’t miss the chance to secure a large acreage in an area with unmatched future potential.

11086 State Highway 56, Sherman
$10,031,868
21368995 MLS
Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas  Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress.  Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border. Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd. Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages. Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline. Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.

4381 N Loy Lake Rd, Sherman
$8,827,500
21354434 MLS
WILL SUBDIVIDE. Discover this exceptional 294.25-acre property at 8571 Plainview Road in Sherman, Texas, offering unparalleled potential in a rapidly expanding region just north of the DFW Metroplex. Consisting of 3 contiguous parcels (Parcel IDs: 115192, 115190, 457716), this expansive tract boasts dual road access with 1,765.44 feet of frontage along Plainview Road and an additional 665 feet of frontage along Frank Ln. Strategically positioned 1.2 miles from the planned Grayson County Toll Road, 3.5 miles from State Highway 289, and only 1.7 miles from Highway 82, ensuring excellent connectivity and accessibility. The land features serene ponds, enhancing its appeal for recreational or agricultural uses, and lies entirely outside of any flood zones for added peace of mind. Nature enthusiasts will appreciate its mere half-mile proximity to the Hagerman National Wildlife Refuge, encompassing 11,000 acres of pristine outdoor recreation—the largest natural space in North Texas—while aviation and logistics opportunities abound with the North Texas Regional Airport just 3.5 miles away, including recent plans announced in April 2025 for new taxiways and hangars. Ideal for development, investment, or a private estate, this property sits in a thriving area with significant growth momentum. Parcel 115192 (140.3ACs) can be sold separately.

8571 Plainview Rd, Sherman
$8,500,000
21145293 MLS
***** AMAZING LAND ******* Great investment tract of 99.74 acre , only 1 parcel east of Preston Road . Washington street will be 4 lane with median in center according to City of Sherman . 1300 FT Frontage on Washington street . Survey in Transaction Desk. Property may have small amount of flood on south east corner .

99 Acres W Washington Street, Sherman
$7,725,650
20983252 MLS
PRIME LOCATION! This tract is strategically located on the same road 1 mile west from the $30B Texas Instruments expansion. At the corner of Shepherd Rd. and Farmington Rd. this 90.89 acre tract is poised to capitalize on the population influx from DFW along with the many jobs created by the Texas Instruments development and chip manufacturing boom taking place in southern Sherman spearheaded by Global Wafers. HEB recently announced acquisition of a 20 acre site very close by. Many new developments coming nearby including Centurion American's Cottonwood development on FM 902, Shepherd's Place master planned community at Shepherd Road and Hwy. 75. With an available 20 inch groundwater line running along Farmington and a 36 inch sewer line located approximately 1 mile east at Texas Instruments. this site has much potential. In preparing for this growth, a portion of Shepherd Rd. has been recently updated to a 4 lane road and median. Many new developments are shaping up the surrounding area and this tract is next. Seller will consider owner financing. Call us for any questions.

Tbd Shepherd Dr, Sherman
$7,500,000
20768937 MLS
This is a 26.62 acre parcel out of the 91.31 acres of G-0969 DIV WF A-60969. Part of a Master plan developemnt zoned Build to Rent.

00000 Texoma Pkwy, Sherman
$7,150,000
21348232 MLS
110 AC property with 2 road frontage totaling over 1900 FT.

Tbd Wible Rd, Sherman
$6,529,644
21161536 MLS
Large acreage tract located directly in the northern Dallas growth corridor, just outside the rapidly expanding city of Sherman, where continued population growth and economic investment are driving strong demand. Positioned between Preston Rd and the future Dallas North Tollway extension. The property benefits from close proximity to Sherman’s fast-growing semiconductor and advanced manufacturing hub, supporting long-term demand from industrial growth, workforce expansion, and regional investment. Potential uses include buy & hold, residential, mixed-use, industrial-support development. This acreage is situated partially in the ETJ of Sherman with approximately 3,917 feet of frontage on Logston Rd. A mixture of cropland and pastureland with trees, creek, large pond and small ponds. House and barn recently removed from property, decreasing property tax liability. Highly developable topography. Seller Financing is available. Informational Brochure available upon request.

1639 Logston Rd, Sherman
$6,184,780
21324544 MLS
Don't miss this prime opportunity for 176 beautiful acres in Grayson County, a North Texas hub for major industrial expansion. Located just outside Sherman city limits, this 176-acre tract offers beautiful views in every direction with a varied topographical mix of heavy woods, native grassy pastures, large pond, rocky bottom land, gently sloping hillsides, and county roads on two sides. Located just 7 miles east of US Highway 75 and 1 mile south of US Highway 82, this property provides quick access to major workforce, retail, education, entertainment, and medical services locations. Property is currently in ag use. All information is deemed accurate but is not guaranteed, buyers<buyers agent> to verify any and all specifics.

Tbd Bethany Rd, Sherman
$6,000,000
21213230 MLS
Opportunity awaits with approximately 75 MOL acres ideally located within the Sherman city limits at the intersection of Pleasant Home and Friendship Roads. This North Western corner property features a scenic pond and gently rolling terrain, currently utilized for hay production. The location offers proximity to Sherman High School, Texoma Christian School, and convenient access to Highway 56, FM 1417, S. Heritage Parkway, and is just minutes from the major intersection of US HWY 75 & Heritage Parkway, connecting you with essential amenities and roadways. Additionally, this property is only 20 minutes from Lake Texoma, providing easy access to one of the region’s premier recreational destinations. The property is situated near several of Sherman’s rapidly growing industries, including Texas Instruments, Coherent, Eaton, Emerson, GlobalWafers, GloibiTech and more. This dynamic industrial growth enhances the area’s appeal for future development and offers excellent opportunities for investment. Developers and investors can envision a range of uses on this versatile site, from single family homes and multi-family residences to mixed-use communities, subject to approval by the City of Sherman Planning and Zoning Department. All uses and plans should comply with local zoning and land use requirements. Don’t miss the chance to invest in a thriving area with outstanding access to schools, major employers, commuter routes, and abundant growth potential. For more information or to discuss development possibilities, please contact the listing agent. All buyers are responsible for confirming all details with the City of Sherman regarding permitted uses and development processes.

Tbd 75+/- Ac Pleasant Home & Friendship Road, Sherman
$6,000,000
20763161 MLS

000 Texoma Pkwy, Sherman
$5,500,000
21359083 MLS
Northmarq is pleased to present Sherman 67 Development Site, (the, “Property”), a ±67.2-acre development opportunity located at the NWC of Loy Lake & Kerr Chapel Road in Sherman, Texas. Sherman is the County Seat of Grayson County, one of the fastest growing counties in Texas. The Site’s proximity to Collin County, the economic powerhouse immediately to the south that includes booming markets like Frisco, Prosper, Celina, McKinney, and Plano, positions it perfectly to capture the northward expansion of the DFW metroplex. The Property benefits from exceptional regional connectivity via US Highway 75, a six-lane freeway providing direct access to the heart of Dallas, with additional accessibility forthcoming through the $315 million Dallas North Tollway extension to Denison. Sherman, Texas offers an affordable, high quality of life with a strong sense of community and abundant recreational activities. Coupled with Sherman’s business-friendly environment and massive inbound investments from semiconductor giants like Texas Instruments and Global Wafers, Sherman 67 Development Site allows a developer to strategically capitalize on the increasing need for housing in one of North Texas’ most promising growth corridors. Locational Overview: Positioned just 40 miles north of Dallas, Sherman is an integral part of the expanding DFW metroplex., The city conveniently offers an ideal blend of small-town charm with direct access to big-city amenities. The Texoma Region, encompassing Grayson County, boasts an immediate workforce of over 71,000 and serves as a crucial growth corridor for North Texas. Major employment sectors include advanced manufacturing - particularly semiconductor production - logistics, healthcare, and education. The Texoma Region generates an annual GDP of $5.6 billion, with a population exceeding 148,000 residents.

Kerr Chapel Rd, Sherman
$4,737,810
20883921 MLS
Approximately 96.69 acres adjoining Sherman Country Club, Property has over 5000 ft frontage on Washington Street and Gibbons Road which border property on three sides. Majority of tract cleared and currently under cultivation. Property has several stock tanks and is fenced.

0000 Gibbons Rd, Sherman
$4,084,080
21381245 MLS
68.642 Acres of Development Land in Sherman, Texas -- City Water, City Sewer & Electricity Available Rare 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.

000 Friendship Rd, Sherman
$3,677,000
21234516 MLS
This 24 acre site is located on the NE corner of the primary intersection of Pottsboro at State Highway 289 and FM 120. The site is zoned B2, but previously was approved by the city for a planned development with zoning to include multi-family, townhome and retail. This site has all utilities on site, a clean phase I, wetland delineation and additional engineering completed. The site is approximately 1 mile from the Pottsboro High School, 3 miles from North Texas Regional Airport and 4 miles from Tanglewood Resort and 6 miles from US Hwy 75.

Tbd Fm 289, Sherman
$3,620,000
21256265 MLS
This ± 65.749 acre property in the Sherman ETJ recently sold to an investor out of DFW. The property has ± 3,300 feet of frontage along U.S. 82 and is located less than 5 miles from major Sherman retailers. Given the site’s proximity to Sherman, there is opportunity for a future commercial and or industrial use. There is a 4 AC strip to the south of US 82 that is included in the total acreage.

000 Hwy 82, Sherman
$3,600,000
21348779 MLS
Immerse yourself in the ultimate paradise for avid hunters and outdoor enthusiasts with this astounding 81.63-acre property. Nestled near the highly acclaimed Hagerman Wildlife Refuge, this extraordinary gem offers an unparalleled opportunity to embark on an unforgettable hunting adventure. Captivating with its rich wildlife and flourishing flora, this distinctive estate features a convenient water well and beckons you to explore its vast expanses. Unleash your imagination and envision the creation of your very own luxurious hunting resort amidst this captivating landscape. As you roam its idyllic grounds, you'll be captivated by the majestic presence of magnificent deer and treated to sweeping lake vistas that grace both its southern and northern boundaries. Don't miss out on this once-in-a-lifetime chance to own this awe-inspiring one-of-a-kind masterpieces of natural splendor. Great area, growing very fast. So many Possibilities for Investment. Growing Area all around come see what it has to offer.

Tbd Bennett Ln, Sherman
$3,450,000
21209544 MLS
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.

4528 N Travis St, Sherman
$3,200,000
21351194 MLS
EXCELLENT DEVELOPMENT OPPORTUNITY IN A BEAUTIFUL LOCATION. ALL WEATHER ROAD ON TWO SIDES OF PROPERTY. LARGE HOUSE ON THE CORNER IS PART OF THE LISTING BUT NOT READILY AVAILABLE FOR VIEWING. SPECIAL ARRANGEMENTS WILL NEED TO BE SCHEDULED FOR TOURING THE HOME. VALUE IS IN THE LAND.

1472 Tate Cir, Sherman
$2,999,000
20999758 MLS
This exceptional 15.125 acre Development Site within an OPPORTUNITY ZONE, in Sherman, TX is zoned MF-30 and fully approved by the City for a 300-unit multifamily community. A rare, shovel-ready opportunity, the property consists of four contiguous parcels with all utilities available. Ideal for high-density multifamily, build-to-rent (BTR), townhomes, or duplexes, or would make a great affordable housing site. The mostly flat topography is lined with mature trees for privacy, and a narrow floodplain separates the site, making it ideal for blending multiple product types or developing a unified large-scale complex. Survey, Topo, Phase I Environmental reports, and a conceptual engineering MF and Townhome Site Plan. Located only a half mile from US-75 and US-82, this premier site offers exceptional access, visibility, and long-term growth potential. Ag Exempt.

Tbd E Peyton St Unit 15.125 acres, Sherman
$2,895,000
21361685 MLS
Features NEW ROOF and the majority of the HVAC units are being replaced as well. This exceptional building is perfectly positioned at a busy intersection that guarantees high visibility and foot traffic. This property boasts a superb location, making it an ideal investment opportunity for savvy entrepreneurs and investors alike. Fully leased with reliable tenants, this building ensures a steady stream of income from day one. The layout is designed to maximize functionality, with ample space for various businesses to thrive. Additionally, the property features abundant parking, providing convenience for both tenants and customers. Don’t miss your chance to own a prime piece of real estate in a thriving area. Whether you’re looking to expand your investment portfolio or start a new venture, this property is a fantastic opportunity waiting to be seized!

809 Gallagher Dr, Sherman
$2,857,000
21196043 MLS
NO CITY LIMITS OR ETJ. +- 57.14 acres in a rapidly growing area near the new Texas Instruments and Globitech plants. Currently ag exempt with approximately 3,236’ of road frontage on two sides, making subdivision straightforward. Strong candidate for half-acre or one-acre lot development, and conceptual development layouts are available for review. Also suitable for rural acreage tracts or long-term hold. Located in Tom Bean ISD.

Tbd Gant Rd, Sherman
$2,800,000
21086668 MLS
39 ACRES on prime location . over 900 FT frontage on ELLIOT RD .Survey in Transaction Desk . property may have small amount of flood .

1695 Elliott Rd, Sherman

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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