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Ag-Exempt Farmland with Highway Frontage

11086 State Highway 56 Sherman, TX 75090

Claim this Listing
For Sale
$10,738,700

LAND - Sherman, TX

Lot size:
107.39 Acres
Added:
May 1, 2026
Days on Market:
71
Last Refresh:
Jul 10 at 5:06 pm

Property Features for 11086 State Highway 56

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
122241
Lot size
107.39 Acres

Taxes and HOA fees

Tax Description
G-0061 BURLESON AARON A-G0061, ACRES 107.39

Listing agent Zexi Su License #0791424

Listing office Berkshire HathawayHS PenFed TX Flower Mound, TX

Listing date May 1, 2026

MLS# 20749819 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Offered for sale is a rare ag-exempt tract totaling approximately 107.4 acres. The property features an estimated 1,500 feet of highway frontage and presents an open, utility-friendly land configuration for buyers considering development or a long-term hold strategy. Its overall acreage scale makes it practical for investors looking to secure a meaningful land position.

The site sits just outside Sherman city limits with strong access and visibility from State Highway 56. It is less than a mile from the city, and within about a 10-minute drive to Austin College and Sherman Town Center. In addition, ongoing industrial corridor development in South Sherman may support future demand for well-located acreage.

This property is likely to attract buyers who want ag-exempt status alongside major frontage and room to plan ahead. Whether your goal is to hold for appreciation or evaluate future development scenarios, the combination of size, road exposure, and proximity to growing Sherman commercial activity offers a compelling foundation for an investment-minded strategy.

Key Highlights

  • 107‑acre ag exempt property with ~1,500 ft frontage on Highway 56
  • Located just outside Sherman city limits, less than 1 mile from city limits
  • Less than a 10‑minute drive to Austin College and Sherman Town Center

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

Suggested Use

Plumbing Service Catering Service Storage Facility Kitchen & Bath Showroom Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Agricultural land / Farmland - Large ag-exempt acreage with substantial highway frontage, well suited for long-term investment or future development planning.
Where is this agricultural land / farmland located?
The property is located at 11086 State Highway 56 Sherman, TX.
What is the asking price?
The asking price for this property is $10,738,700.
What are key features of this property?
This property features: 107‑acre ag exempt property with ~1,500 ft frontage on Highway 56; Located just outside Sherman city limits, less than 1 mile from city limits; Less than a 10‑minute drive to Austin College and Sherman Town Center
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