Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    47ac Fm-902 Sherman, TX 75090

    For Sale
    $2,196,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    47.07 Acres
    Days on Market:
    332
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 47ac Fm-902

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    407234
    Lot size
    47.07 Acres

    Building Details

    Architectural style
    Other

    Beam Real Estate LLC (972) 484-6644 [email protected]

    Listing agent Kit Sangha (972) 484-6644 License #0491215

    Listing date Jan 16, 2025

    MLS# 20812959 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

    47 Acres of Development Land

    This 47.074-acre parcel of unimproved land is located in Sherman, Texas, and is suitable for development. The property is currently AG exempt and features frontage on FM 902 in Tom Bean, approximately 12 miles from Sherman. It offers proximity to Highway 75. Water and sewer services are located in close proximity to the site, which is also situated within half a mile of Tom Bean High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.512882
    Latitude
    33.515583

    Nearby Similar for Sale

    • $1,499,900
      4,587 SF

      Sherman Farm/Ranch with Luxury Home

      Picturesque 13.28-acre farm with custom home, ponds, and shop.
      204 Tate Cir, Sherman, TX 75090
      View Details
    • New
      $367,900
      0.19 Acres

      Remodeled Duplex: Prime Investment Opportunity

      Remodeled duplex with new features, ideal for rental income.
      2222 N Hickory St, Sherman, TX 75092
      View Details
    • $1,250,000
      0.08 Acres

      Prime Sherman Office Building For Sale

      Two-story office building in downtown Sherman with private parking.
      111 S Travis St, Sherman, TX 75090
      View Details
    • $495,000
      0.29 Acres

      Sherman Office Duplex For Sale

      Office duplex in North TX growth zone, near US Highway 75.
      929 W Birge St, Sherman, TX 75092
      View Details
    • $1,500,000
      3,767 SF

      Texoma Parkway Retail Opportunity Zone

      Prime location retail property with showroom and shop in Sherman.
      2411 Texoma Pkwy, Sherman, TX 75090
      View Details
    • $400,000
      0.34 Acres

      Sherman, TX Medical Space

      Veterinarian office space in downtown Sherman, Texas for sale.
      825 N Crockett St, Sherman, TX 75090
      View Details

    FAQs

    What type of property is this?
    Land - 47-acre development land near Sherman, TX, with highway frontage.
    Where is this land located?
    The property is located at 47ac Fm-902 Sherman, TX.
    What is the asking price?
    The asking price for this property is $2,196,000.
    What are key features of this property?
    This property features: - AG exempt land ideal for development; - Frontage on FM 902 in Tom Bean; - Proximity to Hwy 75
    (972) 484-6644
    Request Owner's contact information
    47ac Fm-902 Sherman, TX 75090
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    47ac Fm-902
    Sherman, TX 75090
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    47ac Fm-902 Sherman, TX 75090
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.