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    5445 Wright Rd Sherman, TX 75092

    Sponsored
    For Sale
    $849,000

    Improved Land - Sherman, TX

    Lot size:
    31.12 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 9 at 6:06 am

    Property Features for 5445 Wright Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    230181
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    31.12 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 519-7431 [email protected]

    Listing agent Bill Lee (888) 519-7431 License #0633076

    Listing date Dec 20, 2025

    MLS# 21080649 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

    31 Acres Near Future Tollway

    This 31-acre property is located just outside Sherman, TX, approximately 1.5 miles from US-82 and about 0.75 miles from the route of the new proposed tollway. The land features gently rolling terrain and multiple building sites. A private well and a septic system sized for multiple homes are already in place. Grayson County is experiencing rapid growth due to economic investments such as Texas Instruments’ semiconductor expansion in Sherman and GlobalWafers’ new facility. These projects are expected to bring new jobs and increased demand for housing and acreage close to employment centers. The property offers access and potential for investment or development along a major growth corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.759935
    Latitude
    33.69484

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    FAQs

    What type of property is this?
    Land - Land with well and septic system near future growth corridor.
    Where is this land located?
    The property is located at 5445 Wright Rd Sherman, TX.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - 31-acre property in rapidly growing Grayson County, near major economic investments like Texas Instruments and GlobalWafers.; - Ideally located near US-82 and a proposed tollway, offering exceptional access to future growth corridors.; - Private well and septic system already in place, sized for multiple homes.
    (888) 519-7431
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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
    5445 Wright Rd Sherman, TX 75092
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