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87 Acres Investment Opportunity
For Sale
$2,350,000

87 Acres Reynolds Lane, Sherman, TX 75092

LAND - Sherman, TX

Property SizeContact for details
Lot Size87.26 Acres
Days on Market361

Property Features for 87 Acres Reynolds Lane

General Information

Property type Land
Property subtype Other
Zoning description Agriculture
Vegetation Grassed, Brush, Wooded
Subdivision Thomas J Hambright
Lot features Acreage, Agricultural, Irregular Lot, Pasture, Pond On Lot, Many Trees
Elementary school S And S
Middle school S And S
High school S And S
Elementary school district S and S Cons ISD
Middle school district S and S Cons ISD
High school district S and S Cons ISD
Directions Heading north on Hwy 75, take exit 63 onto N Sam Rayburn Fwy- US-82. Take a left turn for US-82 West. In 3.4 miles turn right onto Reynolds Rd, in about a mile the property is on your left.
Standard status Active
APN 118925
Lot size 87.26 Acres

Taxes and HOA fees

Tax Description See Exhibit A
Legal Description See Exhibit A
Listing Agency: PARAGON, REALTORS
Listed By: Kimberly Hudgins · License #0624491
Added: Aug 29, 2025 Changed: Aug 3 Last Checked: Aug 24 at 8:06AM
MLS# 20265646

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.

This 87+ acre property on Reynolds Lane presents an excellent investment opportunity in rapidly growing Grayson County, TX. The land is located near the major intersection of Hwy 289 and Hwy 82, and the North Texas Regional Airport, and is situated within the Sherman ETJ. A 12-inch City of Sherman water line is located along Hwy 82. The property is conveniently located near Texas Instruments' planned $30B expansion for a semiconductor wafer plant, as well as Taiwan-based GlobalWafers' new state-of-the-art 300-millimeter silicon wafer factory in Sherman. The land features several ponds, mature trees, and wildlife. It includes approximately 935 feet of road frontage on Reynolds Lane. The property is located in an avigation easement, so density restrictions apply. This property is within future thoroughfare plans for the City of Sherman. It is currently ag exempt, and a survey is available.

Key Highlights

  • Excellent investment opportunity in rapidly growing Grayson County, TX, Sherman ETJ.
  • Located near major intersection of Hwy 289 and Hwy 82, and North Texas Regional Airport.
  • Proximity to Texas Instruments $30B expansion and GlobalWafers new factory in Sherman.

Property Analytics

Current Use

Ranches

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 75092, TX

27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Ranch - 87+ acres in Grayson County near major developments.
Where is this ranch located?
The property is located at 87 Acres Reynolds Lane Sherman, TX.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Excellent investment opportunity in rapidly growing Grayson County, TX, Sherman ETJ.; Located near major intersection of Hwy 289 and Hwy 82, and North Texas Regional Airport.; Proximity to Texas Instruments $30B expansion and GlobalWafers new factory in Sherman.
More about this property
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