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    000 Hwy 289 Sherman, TX 75092

    For Sale
    $9,405,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    209.00 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 000 Hwy 289

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    113833
    Lot size
    209.00 Acres

    Building Details

    Architectural style
    Other

    BUTCH FIFE REALTORS (903) 891-3066

    Listing agent Greg Fife (903) 891-3066 License #0739890

    Listing date Oct 2, 2025

    MLS# 20594989 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    209 Acres Ready For Development

    This 209-acre property is located on Hwy. 289 in Sherman, TX. It is situated directly across from North Texas Regional Airport (NTRA) and has access to utilities on the east side of Hwy. 289. The land features over 650 feet of highway frontage and a half mile of frontage on Wright Rd. Located inside the City of Denison CCN and Pottsboro School District. The property is positioned to support ancillary businesses associated with the Texas Instruments expansion, GlobiTech (chip manufacturer), and the 3,000-acre Preston Harbor development through industrial-warehouse or single family residential development. The NTRA has a 9,000-foot runway and is ready to facilitate the growth of Grayson County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6837679
    Latitude
    33.71789646

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    FAQs

    What type of property is this?
    Land - 209 acres on Hwy. 289 ready for development.
    Where is this land located?
    The property is located at 000 Hwy 289 Sherman, TX.
    What is the asking price?
    The asking price for this property is $9,405,000.
    What are key features of this property?
    This property features: - Prime development location directly across from North Texas Regional Airport (NTRA).; - 209 acres with **over 650 feet of highway frontage on Hwy. 289.**; - Access to utilities on the east side of Hwy. 289.
    (903) 891-3066
    Request Owner's contact information
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    Sherman, TX 75092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Hwy 289 Sherman, TX 75092
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