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    2517 S First St Sherman, TX 75090

    Sponsored
    For Sale
    $449,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    2.88 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 2517 S First St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    166908
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    2.88 Acres

    Building Details

    Architectural style
    Other

    Paragon Realtors (903) 893-8174

    Listing agent Jackson Fox (903) 893-8174 License #0802420

    Listing date Jan 6, 2026

    MLS# 21140927 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.

    Overview

    Sherman Development Opportunity: 2.88 Acres

    This 2.88-acre property in southeast Sherman, Texas, presents a development opportunity with city water and sewer availability, plus nearby electric. The property, comprising multiple parcels with frontage along South First Street, is suitable for residential infill, small multi-lot concepts, or other city-approved development plans. Buyers should verify intended use zoning and utility taps. The location offers convenient access to major streets, local amenities, and growing areas of Sherman. The assemblage includes three parcels: a 1.94-acre tract with approximately 299 feet of road frontage along First Street (Parcel ID 166908), a 0.56-acre tract (Parcel ID 166912) that expands overall frontage and usable area, and a 0.38-acre tract (Parcel ID 166906) to complete the assemblage and maximize total site potential. Buyer to verify legal description, parcel boundaries, and address assignment with the City of Sherman and Grayson County Appraisal District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Clothing Store Pawn Shop Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.585345
    Latitude
    33.614889

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    FAQs

    What type of property is this?
    Land - 2.88 acres in Sherman, TX, with city utilities available.
    Where is this land located?
    The property is located at 2517 S First St Sherman, TX.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - 2.88 Acres Total: Large development opportunity.; - City Utilities Available: City water and sewer readily accessible.; - Multiple Parcels: Offers flexibility for development layout with three separate tracts.
    (903) 893-8174
    Request Owner's contact information
    2517 S First St Sherman, TX 75090
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    Sherman, TX 75090
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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
    2517 S First St Sherman, TX 75090
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